Czech National Bank Buys 4,447 Shares of Kimberly-Clark Co. (NYSE:KMB)

Czech National Bank boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,610 shares of the company's stock after acquiring an additional 4,447 shares during the period. Czech National Bank's holdings in Kimberly-Clark were worth $9,762,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Kimberly-Clark by 19.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company's stock worth $762,279,000 after purchasing an additional 944,920 shares during the period. Capital World Investors increased its stake in Kimberly-Clark by 17.8% in the 1st quarter. Capital World Investors now owns 2,269,492 shares of the company's stock worth $293,559,000 after acquiring an additional 342,790 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Kimberly-Clark by 22.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company's stock valued at $267,383,000 after acquiring an additional 354,501 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Kimberly-Clark by 2.9% during the 1st quarter. Nordea Investment Management AB now owns 1,720,051 shares of the company's stock valued at $222,093,000 after acquiring an additional 48,103 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Kimberly-Clark by 48.4% during the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company's stock valued at $213,539,000 after acquiring an additional 503,839 shares during the last quarter. Institutional investors own 76.29% of the company's stock.

Insider Activity at Kimberly-Clark

In other news, insider Gonzalo Uribe sold 1,780 shares of the firm's stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $140.84, for a total value of $250,695.20. Following the completion of the sale, the insider now directly owns 7,377 shares of the company's stock, valued at approximately $1,038,976.68. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Kimberly-Clark news, insider Gonzalo Uribe sold 1,780 shares of the company's stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $140.84, for a total transaction of $250,695.20. Following the transaction, the insider now owns 7,377 shares in the company, valued at approximately $1,038,976.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey P. Melucci sold 37,699 shares of the firm's stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $141.42, for a total value of $5,331,392.58. Following the completion of the transaction, the insider now owns 19,935 shares of the company's stock, valued at approximately $2,819,207.70. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on KMB shares. JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $123.00 to $135.00 and gave the company an "underweight" rating in a research note on Monday, July 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $165.00 price objective on shares of Kimberly-Clark in a report on Wednesday, July 24th. Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 24th. Barclays lowered their price target on Kimberly-Clark from $136.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Friday, July 19th. Finally, Argus raised Kimberly-Clark to a "hold" rating in a research note on Friday, July 26th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus price target of $145.67.

Kimberly-Clark Trading Up 0.6 %

Shares of NYSE KMB traded up $0.85 during mid-day trading on Friday, hitting $140.89. The stock had a trading volume of 1,593,036 shares, compared to its average volume of 2,117,425. The firm has a market cap of $47.44 billion, a P/E ratio of 25.90, a price-to-earnings-growth ratio of 3.00 and a beta of 0.39. The company has a debt-to-equity ratio of 5.59, a quick ratio of 0.58 and a current ratio of 0.85. The business has a 50 day moving average price of $142.24 and a two-hundred day moving average price of $137.21. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.71 by $0.25. Kimberly-Clark had a net margin of 11.28% and a return on equity of 223.55%. The firm had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same period in the prior year, the firm posted $1.65 earnings per share. The company's quarterly revenue was down 2.0% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly-Clark Co. will post 7.25 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Friday, September 6th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, September 6th. This represents a $4.88 annualized dividend and a dividend yield of 3.46%. Kimberly-Clark's dividend payout ratio (DPR) is presently 89.71%.

Kimberly-Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company's Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.