Van ECK Associates Corp raised its position in shares of Kimberly-Clark Corporation (NYSE:KMB) by 6.9% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,258 shares of the company’s stock after buying an additional 536 shares during the period. Van ECK Associates Corp’s holdings in Kimberly-Clark Corporation were worth $1,087,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Winch Advisory Services LLC boosted its position in shares of Kimberly-Clark Corporation by 0.6% in the first quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock worth $184,000 after buying an additional 8 shares in the last quarter. Genesee Valley Trust Co. boosted its position in shares of Kimberly-Clark Corporation by 0.6% in the first quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock worth $335,000 after buying an additional 15 shares in the last quarter. Kistler Tiffany Companies LLC boosted its position in shares of Kimberly-Clark Corporation by 0.5% in the first quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock worth $383,000 after buying an additional 15 shares in the last quarter. Stratford Consulting LLC boosted its position in shares of Kimberly-Clark Corporation by 0.8% in the first quarter. Stratford Consulting LLC now owns 2,019 shares of the company’s stock worth $266,000 after buying an additional 16 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. boosted its position in shares of Kimberly-Clark Corporation by 0.7% in the first quarter. Jackson Grant Investment Advisers Inc. now owns 2,466 shares of the company’s stock worth $325,000 after buying an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 70.08% of the company’s stock.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded up 0.4017% during mid-day trading on Tuesday, reaching $122.8616. 151,420 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $122.99 and its 200-day moving average price is $128.55. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21. The stock has a market cap of $43.41 billion, a price-to-earnings ratio of 20.5145 and a beta of 0.76.

Kimberly-Clark Corporation (NYSE:KMB) last issued its earnings results on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.49. The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. Kimberly-Clark Corporation’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.53 earnings per share. Equities research analysts forecast that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Friday, September 8th will be given a $0.97 dividend. The ex-dividend date is Thursday, September 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.17%. Kimberly-Clark Corporation’s dividend payout ratio is currently 64.88%.

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KMB has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 7th. Citigroup Inc. set a $134.00 price target on shares of Kimberly-Clark Corporation and gave the company a “sell” rating in a research report on Friday, July 7th. BidaskClub lowered shares of Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a $157.00 price target on shares of Kimberly-Clark Corporation and gave the company a “buy” rating in a research report on Monday, June 19th. Finally, UBS AG lowered shares of Kimberly-Clark Corporation from a “buy” rating to a “neutral” rating and dropped their price target for the company from $134.00 to $120.00 in a research report on Wednesday, July 12th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $133.07.

In related news, insider Sergio Cruz sold 7,078 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total value of $920,210.78. Following the sale, the insider now owns 4,910 shares in the company, valued at $638,349.10. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert W. Decherd bought 1,500 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average price of $122.21 per share, for a total transaction of $183,315.00. Following the transaction, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The disclosure for this purchase can be found here. 0.56% of the stock is owned by corporate insiders.

About Kimberly-Clark Corporation

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.

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

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