OMERS ADMINISTRATION Corp Purchases 2,388 Shares of Kimberly-Clark Co. (NYSE:KMB)

OMERS ADMINISTRATION Corp boosted its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 20.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,114 shares of the company's stock after buying an additional 2,388 shares during the period. OMERS ADMINISTRATION Corp's holdings in Kimberly-Clark were worth $1,849,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Park Avenue Securities LLC increased its holdings in Kimberly-Clark by 77.4% during the 4th quarter. Park Avenue Securities LLC now owns 13,786 shares of the company's stock worth $1,807,000 after purchasing an additional 6,016 shares during the period. Barclays PLC grew its stake in Kimberly-Clark by 19.4% during the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company's stock valued at $239,267,000 after purchasing an additional 273,813 shares during the last quarter. Rhumbline Advisers grew its stake in Kimberly-Clark by 0.5% during the 4th quarter. Rhumbline Advisers now owns 728,728 shares of the company's stock valued at $95,492,000 after purchasing an additional 3,273 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of Kimberly-Clark by 26.4% in the fourth quarter. Merit Financial Group LLC now owns 9,574 shares of the company's stock worth $1,255,000 after buying an additional 2,002 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in Kimberly-Clark by 2.8% during the fourth quarter. Schroder Investment Management Group now owns 464,053 shares of the company's stock worth $60,615,000 after purchasing an additional 12,768 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of the company's stock in a transaction on 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 sale, the insider now directly owns 3,098 shares in the company, valued at $405,032.52. This represents a 36.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction on 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. This trade represents a 58.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,872 shares of company stock valued at $2,208,684 in the last quarter. 0.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wells Fargo & Company increased their price target on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, March 28th. JPMorgan Chase & Co. lifted their price objective on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Royal Bank of Canada decreased their target price on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Evercore ISI decreased their price target on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Finally, UBS Group lifted their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark has an average rating of "Hold" and an average price target of $145.08.

Kimberly-Clark Stock Performance

KMB stock traded up $0.66 during trading on Tuesday, reaching $141.45. 1,174,419 shares of the stock were exchanged, compared to its average volume of 2,162,080. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45. The company has a market capitalization of $46.94 billion, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The stock has a 50 day simple moving average of $137.11 and a 200-day simple moving average of $134.80. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05.

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

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's payout ratio is currently 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.