Kimberly-Clark Co. (NYSE:KMB) Holdings Raised by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd grew its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 265,975 shares of the company's stock after purchasing an additional 2,544 shares during the quarter. Kimberly-Clark makes up approximately 1.0% of OVERSEA CHINESE BANKING Corp Ltd's holdings, making the stock its 26th biggest holding. OVERSEA CHINESE BANKING Corp Ltd owned about 0.08% of Kimberly-Clark worth $34,853,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Thompson Siegel & Walmsley LLC grew its position in shares of Kimberly-Clark by 1.5% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company's stock valued at $759,000 after buying an additional 77 shares during the last quarter. Truvestments Capital LLC grew its position in shares of Kimberly-Clark by 2.7% during the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company's stock valued at $424,000 after buying an additional 78 shares during the last quarter. Confluence Wealth Services Inc. grew its position in shares of Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after buying an additional 80 shares during the last quarter. YHB Investment Advisors Inc. grew its position in shares of Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after buying an additional 83 shares during the last quarter. Finally, Ascent Wealth Partners LLC grew its position in shares of Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after buying an additional 90 shares during the last quarter. Institutional investors own 76.29% of the company's stock.

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Kimberly-Clark Price Performance

KMB stock traded down $0.77 on Friday, hitting $138.31. 7,442,508 shares of the company's stock traded hands, compared to its average volume of 2,039,702. Kimberly-Clark Co. has a 1-year low of $123.84 and a 1-year high of $150.45. The stock has a market cap of $45.87 billion, a price-to-earnings ratio of 18.32, a P/E/G ratio of 4.46 and a beta of 0.36. The stock has a fifty day moving average of $134.84 and a 200-day moving average of $136.26. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's dividend payout ratio is 66.75%.

Analysts Set New Price Targets

Several research firms have commented on KMB. Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. decreased their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. UBS Group upped their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Finally, Citigroup decreased their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Kimberly-Clark currently has an average rating of "Hold" and a consensus target price of $143.64.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.64% of the stock is owned by insiders.

About Kimberly-Clark

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.