Toronto Dominion Bank Has $27.92 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Toronto Dominion Bank lifted its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 196,251 shares of the company's stock after buying an additional 14,624 shares during the quarter. Toronto Dominion Bank owned 0.06% of Kimberly-Clark worth $27,923,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. William B. Walkup & Associates Inc. acquired a new position in shares of Kimberly-Clark during the second quarter worth $26,000. New Millennium Group LLC purchased a new position in Kimberly-Clark in the 2nd quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the third quarter valued at about $29,000. Strategic Financial Concepts LLC acquired a new stake in Kimberly-Clark during the 2nd quarter valued at approximately $32,000. Finally, DiNuzzo Private Wealth Inc. increased its stake in shares of Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company's stock worth $32,000 after buying an additional 202 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares of the company's stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.62% of the company's stock.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $0.28 during mid-day trading on Thursday, hitting $130.89. 1,760,530 shares of the company's stock traded hands, compared to its average volume of 2,115,716. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30. The firm has a 50 day moving average price of $137.45 and a 200 day moving average price of $139.37. The company has a market cap of $43.65 billion, a PE ratio of 17.06, a price-to-earnings-growth ratio of 2.83 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to analysts' expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company's revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.74 earnings per share. On average, equities analysts forecast that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Friday, December 6th. Kimberly-Clark's dividend payout ratio (DPR) is presently 63.29%.

Analyst Ratings Changes

Several equities analysts have recently commented on KMB shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a research report on Tuesday, October 8th. UBS Group decreased their target price on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating for the company in a research report on Wednesday, October 23rd. Barclays lifted their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a report on Friday, October 11th. Royal Bank of Canada restated an "outperform" rating and issued a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Kimberly-Clark has a consensus rating of "Hold" and a consensus target price of $149.93.

Kimberly-Clark Company 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.