J. Safra Sarasin Holding AG Has $1.93 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

J. Safra Sarasin Holding AG lifted its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 96.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,736 shares of the company's stock after purchasing an additional 7,238 shares during the period. J. Safra Sarasin Holding AG's holdings in Kimberly-Clark were worth $1,931,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. SageView Advisory Group LLC grew its holdings 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. OneDigital Investment Advisors LLC grew its position in shares of Kimberly-Clark by 0.5% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after purchasing an additional 78 shares during the period. Confluence Wealth Services Inc. raised its holdings in shares of Kimberly-Clark by 5.1% during the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after acquiring an additional 80 shares during the last quarter. YHB Investment Advisors Inc. raised its stake in Kimberly-Clark by 3.4% during the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock worth $330,000 after purchasing an additional 83 shares during the period. Finally, Ascent Wealth Partners LLC raised its position in Kimberly-Clark by 1.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after purchasing an additional 90 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares of the company's stock, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a report on Wednesday, January 15th. 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. TD Cowen lowered Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target on the stock. in a report on Wednesday, January 8th. Barclays lowered their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research note on Thursday. Finally, UBS Group upped their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $145.08.

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded down $0.02 during trading hours on Monday, hitting $131.59. 315,286 shares of the company's stock traded hands, compared to its average volume of 2,121,445. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The company's fifty day simple moving average is $139.62 and its two-hundred day simple moving average is $135.46. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The company has a market cap of $43.64 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted 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. The company had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same quarter in the prior year, the company earned $2.01 earnings per share. As a group, equities analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were given a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a yield of 3.83%. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. Kimberly-Clark's payout ratio is presently 68.66%.

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.