Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Kimberly Clark Corp (NYSE:KMB) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 61,694 shares of the company’s stock after purchasing an additional 2,249 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Kimberly Clark were worth $7,223,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Beach Investment Management LLC. purchased a new position in Kimberly Clark in the second quarter valued at about $2,440,000. Obermeyer Wood Investment Counsel Lllp boosted its stake in Kimberly Clark by 0.5% in the second quarter. Obermeyer Wood Investment Counsel Lllp now owns 7,361 shares of the company’s stock valued at $950,000 after acquiring an additional 39 shares during the last quarter. Savant Capital LLC boosted its stake in Kimberly Clark by 0.4% in the second quarter. Savant Capital LLC now owns 4,995 shares of the company’s stock valued at $645,000 after acquiring an additional 21 shares during the last quarter. Dupont Capital Management Corp boosted its stake in Kimberly Clark by 21.6% in the second quarter. Dupont Capital Management Corp now owns 66,186 shares of the company’s stock valued at $8,545,000 after acquiring an additional 11,750 shares during the last quarter. Finally, State of Wisconsin Investment Board boosted its stake in Kimberly Clark by 13.6% in the second quarter. State of Wisconsin Investment Board now owns 392,103 shares of the company’s stock valued at $50,624,000 after acquiring an additional 46,890 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

Shares of Kimberly Clark Corp (NYSE KMB) opened at $113.67 on Tuesday. Kimberly Clark Corp has a 12-month low of $109.51 and a 12-month high of $136.21. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.89 and a quick ratio of 0.58. The stock has a market cap of $39,082.71, a P/E ratio of 17.73, a PEG ratio of 2.02 and a beta of 0.66.

Kimberly Clark (NYSE:KMB) last posted its earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.03. The business had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.61 billion. Kimberly Clark had a net margin of 12.48% and a return on equity of 427.79%. Kimberly Clark’s revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 EPS. sell-side analysts expect that Kimberly Clark Corp will post 6.98 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date is Thursday, March 8th. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. Kimberly Clark’s dividend payout ratio is 60.53%.

A number of research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Bank of America lowered their price target on shares of Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 24th. Citigroup lowered shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target on the stock. in a research report on Monday, December 11th. Deutsche Bank assumed coverage on shares of Kimberly Clark in a research report on Wednesday, December 13th. They issued a “hold” rating and a $121.00 price target on the stock. Finally, Wells Fargo & Co lowered their price target on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $126.44.

In related news, insider Kimberly K. Underhill sold 23,158 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the sale, the insider now owns 31,141 shares of the company’s stock, valued at approximately $3,729,757.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

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Kimberly Clark Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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