APG Asset Management N.V. lifted its holdings in Kimberly Clark Corp (NYSE:KMB) by 35.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,741,944 shares of the company’s stock after acquiring an additional 723,800 shares during the period. APG Asset Management N.V. owned 0.78% of Kimberly Clark worth $322,672,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Coldstream Capital Management Inc. lifted its position in shares of Kimberly Clark by 0.3% in the second quarter. Coldstream Capital Management Inc. now owns 1,597 shares of the company’s stock worth $206,000 after buying an additional 5 shares in the last quarter. Mosaic Family Wealth LLC lifted its position in shares of Kimberly Clark by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after buying an additional 6 shares in the last quarter. Investment Partners Ltd. OH ADV lifted its position in shares of Kimberly Clark by 0.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after buying an additional 8 shares in the last quarter. Winch Advisory Services LLC lifted its position in shares of Kimberly Clark by 0.6% in the second quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock worth $181,000 after buying an additional 8 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its position in shares of Kimberly Clark by 0.6% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock worth $320,000 after buying an additional 14 shares in the last quarter. 71.61% of the stock is owned by hedge funds and other institutional investors.

Shares of Kimberly Clark Corp (KMB) traded up $0.26 during midday trading on Thursday, hitting $117.65. The stock had a trading volume of 278,637 shares, compared to its average volume of 1,820,393. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.64 and a current ratio of 0.97. Kimberly Clark Corp has a 12-month low of $109.67 and a 12-month high of $136.21. The stock has a market capitalization of $41,290.00, a P/E ratio of 19.05, a price-to-earnings-growth ratio of 3.03 and a beta of 0.76.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.06. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. The firm had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period in the prior year, the business posted $1.52 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. research analysts expect that Kimberly Clark Corp will post 6.2 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th will be issued a $0.97 dividend. The ex-dividend date is Thursday, December 7th. This represents a $3.88 annualized dividend and a dividend yield of 3.30%. Kimberly Clark’s payout ratio is 64.03%.

KMB has been the topic of a number of research analyst reports. Bank of America decreased their target price on Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 24th. Royal Bank of Canada reiterated a “hold” rating and issued a $121.00 target price on shares of Kimberly Clark in a research report on Friday, October 13th. Zacks Investment Research upgraded Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. J P Morgan Chase & Co downgraded Kimberly Clark from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $115.55 to $100.00 in a research report on Friday, October 20th. Finally, Citigroup decreased their price objective on Kimberly Clark from $125.00 to $124.00 and set a “neutral” rating on the stock in a research report on Friday, October 27th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $126.36.

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Kimberly Clark Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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