Diversified Trust Co Has $7.77 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Diversified Trust Co increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 16.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 60,059 shares of the company’s stock after buying an additional 8,421 shares during the quarter. Diversified Trust Co’s holdings in Kimberly-Clark were worth $7,769,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in KMB. Rise Advisors LLC raised its stake in shares of Kimberly-Clark by 926.3% in the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after purchasing an additional 176 shares during the period. Cranbrook Wealth Management LLC increased its position in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at about $35,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at about $37,000. Finally, Northwest Financial Advisors acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at about $40,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research report on Tuesday, June 18th. Barclays lifted their price target on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a report on Thursday, April 25th. Deutsche Bank Aktiengesellschaft lifted their price target on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. Bank of America upgraded Kimberly-Clark from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $115.00 to $160.00 in a report on Thursday, June 13th. Finally, BNP Paribas started coverage on Kimberly-Clark in a report on Monday, June 24th. They set a “neutral” rating and a $146.00 price target for the company. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $141.64.

Kimberly-Clark Price Performance

KMB traded up $0.55 during trading on Monday, hitting $138.75. 485,183 shares of the stock traded hands, compared to its average volume of 2,150,270. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $142.20. The company has a market cap of $46.72 billion, a price-to-earnings ratio of 25.40, a PEG ratio of 3.11 and a beta of 0.37. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The business has a 50 day moving average price of $135.86 and a 200 day moving average price of $127.56.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.67 earnings per share. Equities research analysts forecast that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. The ex-dividend date is Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.52%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 89.71%.

Insider Transactions at Kimberly-Clark

In related news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Kimberly-Clark news, VP Andrew Drexler sold 2,500 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total transaction of $342,075.00. Following the sale, the vice president now owns 8,053 shares of the company’s stock, valued at $1,101,891.99. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,395 shares of company stock worth $3,332,776. Corporate insiders own 0.62% of the company’s stock.

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.