Diversified Trust Co Cuts Stake in Kimberly-Clark Co. (NYSE:KMB)

Diversified Trust Co cut its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 5.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,133 shares of the company's stock after selling 3,515 shares during the quarter. Diversified Trust Co's holdings in Kimberly-Clark were worth $9,405,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. First Pacific Financial acquired a new position in shares of Kimberly-Clark during the 1st quarter worth approximately $26,000. Minot DeBlois Advisors LLC purchased a new position in Kimberly-Clark during the fourth quarter worth approximately $29,000. OFI Invest Asset Management purchased a new position in Kimberly-Clark during the fourth quarter worth approximately $38,000. Menard Financial Group LLC acquired a new position in Kimberly-Clark during the fourth quarter worth $38,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Kimberly-Clark in the 4th quarter valued at $44,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analyst Upgrades and Downgrades

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

Insider Activity at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the firm's stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the transaction, the insider now directly owns 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.64% of the company's stock.

Kimberly-Clark Trading Up 0.8%

Shares of Kimberly-Clark stock traded up $1.05 on Friday, reaching $127.89. The company had a trading volume of 1,935,073 shares, compared to its average volume of 2,204,417. The firm's 50 day moving average price is $134.93 and its two-hundred day moving average price is $134.74. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a 52-week low of $124.10 and a 52-week high of $150.45. The firm has a market cap of $42.44 billion, a PE ratio of 16.94, a PEG ratio of 4.46 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.04. The firm 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 EPS. Sell-side analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.94%. Kimberly-Clark's payout ratio is presently 68.66%.

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.