Vontobel Holding Ltd. Has $13.14 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Vontobel Holding Ltd. trimmed its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 6.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,388 shares of the company's stock after selling 6,497 shares during the period. Vontobel Holding Ltd.'s holdings in Kimberly-Clark were worth $13,139,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of KMB. Vanguard Group Inc. boosted its stake in 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 acquiring an additional 4,603,787 shares during the last quarter. Norges Bank bought a new stake in Kimberly-Clark in the fourth quarter valued at approximately $582,592,000. GAMMA Investing LLC raised its holdings in Kimberly-Clark by 10,975.8% in the first quarter. GAMMA Investing LLC now owns 1,902,050 shares of the company's stock worth $270,510,000 after purchasing an additional 1,884,877 shares during the period. First Trust Advisors LP boosted its position in shares of Kimberly-Clark by 163.1% during the fourth quarter. First Trust Advisors LP now owns 2,142,749 shares of the company's stock worth $280,786,000 after purchasing an additional 1,328,341 shares in the last quarter. Finally, Trinity Financial Advisors LLC acquired a new position in shares of Kimberly-Clark in the 1st quarter valued at $181,762,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Shares of KMB traded up $0.75 during trading hours on Wednesday, hitting $132.36. The company had a trading volume of 2,137,913 shares, compared to its average volume of 2,201,318. The firm has a market cap of $43.92 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 4.46 and a beta of 0.35. The business has a fifty day moving average of $134.28 and a 200-day moving average of $134.72. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the previous year, the company posted $2.01 EPS. Equities analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be issued a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.81%. Kimberly-Clark's dividend payout ratio is presently 68.66%.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Katy Chen sold 740 shares of the stock in a transaction that occurred 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 sale, the insider owned 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 filing with the SEC, which is available through the SEC website. Insiders own 0.64% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KMB. Evercore ISI cut their price target 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. Royal Bank Of Canada reduced their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Barclays lowered their price target on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research note 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 stock a "neutral" rating in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $143.50.

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.