BLI Banque de Luxembourg Investments Buys New Stake in Kimberly-Clark Co. (NYSE:KMB)

BLI Banque de Luxembourg Investments acquired a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 423,700 shares of the company's stock, valued at approximately $55,363,000. Kimberly-Clark accounts for about 1.5% of BLI Banque de Luxembourg Investments' investment portfolio, making the stock its 19th largest position. BLI Banque de Luxembourg Investments owned 0.13% of Kimberly-Clark at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Kimberly-Clark by 15.1% in the fourth quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company's stock valued at $4,605,079,000 after acquiring an additional 4,603,787 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Kimberly-Clark by 5.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,589,967 shares of the company's stock worth $1,387,709,000 after purchasing an additional 529,223 shares in the last quarter. Geode Capital Management LLC grew its holdings in Kimberly-Clark by 10.4% during the 4th quarter. Geode Capital Management LLC now owns 8,473,459 shares of the company's stock valued at $1,113,444,000 after buying an additional 797,953 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Kimberly-Clark by 5.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,529,108 shares of the company's stock valued at $986,616,000 after buying an additional 417,118 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Kimberly-Clark by 21.9% in the fourth quarter. Invesco Ltd. now owns 5,653,751 shares of the company's stock worth $740,868,000 after buying an additional 1,015,141 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company's stock.

Insider Buying and Selling

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the company's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the sale, the insider now owns 3,997 shares in the company, valued at $518,410.90. This represents a 15.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction 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 transaction, the vice president now owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,872 shares of company stock valued at $2,208,684 over the last three months. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Trading Down 0.2 %

NYSE:KMB traded down $0.27 during mid-day trading on Friday, hitting $133.27. 814,476 shares of the stock traded hands, compared to its average volume of 2,240,132. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a market capitalization of $44.22 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The firm's 50 day moving average is $138.04 and its two-hundred day moving average is $134.77.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The firm had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period in the prior year, the business posted $2.01 earnings per share. On average, equities research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.78%. Kimberly-Clark's payout ratio is currently 68.66%.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a report on Friday, April 11th. Citigroup decreased their target price on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research report on Wednesday, January 15th. UBS Group increased their price target on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. StockNews.com downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, Wells Fargo & Company increased their target price on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $145.08.

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.