Achmea Investment Management B.V. Has $30.62 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Achmea Investment Management B.V. boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 2.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 215,323 shares of the company's stock after purchasing an additional 4,675 shares during the period. Achmea Investment Management B.V. owned 0.06% of Kimberly-Clark worth $30,624,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KMB. Vanguard Group Inc. increased its holdings in shares of Kimberly-Clark by 15.1% during the 4th quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company's stock worth $4,605,079,000 after purchasing an additional 4,603,787 shares during the period. Norges Bank acquired a new position in Kimberly-Clark in the 4th quarter worth $582,592,000. GAMMA Investing LLC grew its holdings in shares of Kimberly-Clark by 10,975.8% in the 1st quarter. GAMMA Investing LLC now owns 1,902,050 shares of the company's stock valued at $270,510,000 after acquiring an additional 1,884,877 shares in the last quarter. First Trust Advisors LP lifted its stake in Kimberly-Clark by 163.1% in the 4th quarter. First Trust Advisors LP now owns 2,142,749 shares of the company's stock valued at $280,786,000 after purchasing an additional 1,328,341 shares during the last quarter. Finally, Trinity Financial Advisors LLC bought a new stake in shares of Kimberly-Clark during the 1st quarter worth about $181,762,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Down 1.0%

NYSE KMB opened at $126.84 on Friday. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The firm has a market capitalization of $42.09 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 4.46 and a beta of 0.38. 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 company has a fifty day moving average of $134.93 and a two-hundred day moving average of $134.74.

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

Kimberly-Clark Dividend Announcement

The firm 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 dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's payout ratio is currently 68.66%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reduced their target price on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Evercore ISI dropped their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. JPMorgan Chase & Co. lifted their price target on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research report on Friday, April 11th. Wells Fargo & Company upped their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Finally, UBS Group upped their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $143.50.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $129.70, for a total transaction of $95,978.00. Following the transaction, the insider now directly owns 3,997 shares in the company, valued at $518,410.90. This represents a 15.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.64% of the company's stock.

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.

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