Teacher Retirement System of Texas raised its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 54.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 202,422 shares of the company’s stock after purchasing an additional 71,757 shares during the period. Teacher Retirement System of Texas’ holdings in Kimberly Clark were worth $24,424,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. San Francisco Sentry Investment Group CA lifted its holdings in shares of Kimberly Clark by 2,385.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after acquiring an additional 954 shares during the last quarter. Heritage Trust Co lifted its holdings in shares of Kimberly Clark by 11.2% in the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after acquiring an additional 100 shares during the last quarter. Shamrock Asset Management LLC lifted its holdings in shares of Kimberly Clark by 220.5% in the 4th quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock valued at $134,000 after acquiring an additional 763 shares during the last quarter. Mosaic Family Wealth LLC lifted its holdings in shares of Kimberly Clark by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after acquiring an additional 6 shares during the last quarter. Finally, MPS Loria Financial Planners LLC bought a new position in shares of Kimberly Clark in the 2nd quarter valued at about $150,000. 71.69% of the stock is owned by institutional investors and hedge funds.

KMB has been the subject of a number of analyst reports. JPMorgan Chase & Co. downgraded shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $115.55 to $100.00 in a report on Friday, October 20th. Deutsche Bank initiated coverage on shares of Kimberly Clark in a report on Wednesday, December 13th. They issued a “hold” rating and a $121.00 price target for the company. Citigroup downgraded shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target for the company. in a report on Monday, December 11th. Societe Generale raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and increased their price target for the company from $112.05 to $144.00 in a report on Thursday, November 2nd. Finally, Zacks Investment Research raised shares of Kimberly Clark from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. 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 company. The stock presently has a consensus rating of “Hold” and an average price target of $126.44.

In related news, insider Kimberly K. Underhill sold 23,158 shares of the stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $119.77, for a total value of $2,773,633.66. Following the sale, the insider now directly owns 31,141 shares of the company’s stock, valued at approximately $3,729,757.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.56% of the company’s stock.

Shares of Kimberly Clark Corp (KMB) opened at $112.00 on Wednesday. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.89 and a quick ratio of 0.58. Kimberly Clark Corp has a 1 year low of $109.51 and a 1 year high of $136.21. The firm has a market cap of $39,864.79, a PE ratio of 17.58, a P/E/G ratio of 2.06 and a beta of 0.66.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.03. Kimberly Clark had a net margin of 12.48% and a return on equity of 427.79%. The company had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.61 billion. During the same period in the prior year, the company posted $1.45 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. equities research analysts predict that Kimberly Clark Corp will post 6.98 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be given a $1.00 dividend. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. This represents a $4.00 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Thursday, March 8th. Kimberly Clark’s dividend payout ratio is 60.53%.

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About Kimberly Clark

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 (NYSE:KMB)

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