MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Buys 15,579 Shares of Kimberly-Clark Co. (NYSE:KMB)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 27.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,825 shares of the company's stock after acquiring an additional 15,579 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in Kimberly-Clark were worth $10,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KMB. SageView Advisory Group LLC raised its position in shares of Kimberly-Clark by 4.5% during the fourth quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock valued at $224,000 after buying an additional 74 shares during the last quarter. Tudor Financial Inc. raised its position in shares of Kimberly-Clark by 3.8% during the first quarter. Tudor Financial Inc. now owns 2,042 shares of the company's stock valued at $290,000 after buying an additional 75 shares during the last quarter. Park National Corp OH raised its position in shares of Kimberly-Clark by 2.6% during the first quarter. Park National Corp OH now owns 3,031 shares of the company's stock valued at $431,000 after buying an additional 77 shares during the last quarter. OneDigital Investment Advisors LLC raised its position in shares of Kimberly-Clark by 0.5% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after buying an additional 78 shares during the last quarter. Finally, Ascent Wealth Partners LLC raised its position in shares of Kimberly-Clark by 1.0% during the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Trading Down 2.3%

KMB traded down $3.05 during mid-day trading on Friday, hitting $130.84. The stock had a trading volume of 1,837,762 shares, compared to its average volume of 2,174,788. The stock's fifty day simple moving average is $136.70 and its 200-day simple moving average is $135.25. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The firm has a market capitalization of $43.41 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 4.46 and a beta of 0.38. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

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, topping the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates 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 last year, the business posted $2.01 earnings per share. As a group, research analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be given a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark's dividend payout ratio is 68.66%.

Insider Transactions at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of the stock in a transaction on Friday, May 2nd. The shares were 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 of the company's stock, valued at $518,410.90. This represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.64% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Wall Street Zen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Evercore ISI lowered 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. UBS Group upped their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Finally, Royal Bank of Canada lowered their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of "Hold" and a consensus price target of $143.73.

Kimberly-Clark 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.