Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Allianz SE

Allianz SE grew its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 54.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,754 shares of the company's stock after acquiring an additional 3,804 shares during the period. Allianz SE's holdings in Kimberly-Clark were worth $1,529,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of Kimberly-Clark by 74.1% during the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock worth $851,000 after buying an additional 2,765 shares in the last quarter. Wellington Management Group LLP grew its holdings in Kimberly-Clark by 36.5% during the fourth quarter. Wellington Management Group LLP now owns 28,884 shares of the company's stock worth $3,785,000 after acquiring an additional 7,729 shares during the period. World Investment Advisors raised its position in Kimberly-Clark by 21.1% in the fourth quarter. World Investment Advisors now owns 5,958 shares of the company's stock worth $781,000 after acquiring an additional 1,038 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in Kimberly-Clark in the fourth quarter valued at $19,673,000. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its position in shares of Kimberly-Clark by 399.5% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 13,765 shares of the company's stock worth $1,804,000 after purchasing an additional 11,009 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Barclays cut their price target on shares of Kimberly-Clark from $135.00 to $134.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. Wall Street Zen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Evercore ISI reduced their price target on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. lowered their price target on Kimberly-Clark from $126.00 to $125.00 and set an "underweight" rating on the stock in a report on Friday, July 25th. Finally, UBS Group dropped their price objective on Kimberly-Clark from $146.00 to $139.00 and set a "neutral" rating for the company in a research note on Thursday, July 17th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $140.90.

Kimberly-Clark Stock Performance

Kimberly-Clark stock opened at $130.64 on Monday. 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 fifty-two week low of $124.10 and a fifty-two week high of $150.45. The stock has a fifty day moving average of $131.56 and a two-hundred day moving average of $134.68. The company has a market capitalization of $43.35 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 4.46 and a beta of 0.33.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.25. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.96 earnings per share. On average, analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Friday, September 5th will be paid a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.9%. Kimberly-Clark's payout ratio is 69.42%.

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.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Co. (NYSE:KMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.