Kwmg LLC Increases Stake in Kimberly-Clark Co. (NYSE:KMB)

Kwmg LLC boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 46,485 shares of the company’s stock after purchasing an additional 1,206 shares during the quarter. Kwmg LLC’s holdings in Kimberly-Clark were worth $6,091,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of KMB. State Street Corp increased its holdings in shares of Kimberly-Clark by 5.9% during the 3rd quarter. State Street Corp now owns 19,304,396 shares of the company’s stock worth $2,768,367,000 after buying an additional 1,083,824 shares during the last quarter. Wulff Hansen & CO. grew its position in Kimberly-Clark by 13,720.0% during the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company’s stock valued at $88,659,000 after acquiring an additional 636,882 shares during the period. Marshall Wace LLP raised its holdings in shares of Kimberly-Clark by 48.4% in the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after purchasing an additional 503,839 shares during the period. Nordea Investment Management AB lifted its stake in shares of Kimberly-Clark by 20.4% in the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company’s stock valued at $358,625,000 after purchasing an additional 464,615 shares in the last quarter. Finally, Ilex Capital Partners UK LLP grew its holdings in shares of Kimberly-Clark by 140.0% during the 3rd quarter. Ilex Capital Partners UK LLP now owns 662,620 shares of the company’s stock worth $94,278,000 after purchasing an additional 386,510 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Up 0.7 %

Kimberly-Clark stock traded up $0.89 during midday trading on Monday, hitting $125.35. The stock had a trading volume of 1,485,295 shares, compared to its average volume of 1,803,110. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The business has a fifty day moving average price of $133.11 and a 200 day moving average price of $138.40. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock has a market cap of $41.80 billion, a P/E ratio of 16.26, a P/E/G ratio of 2.76 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.74 EPS. Research analysts predict that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.89%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a report on Wednesday, January 8th. JPMorgan Chase & Co. lowered their price target on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Wednesday, October 23rd. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Finally, Barclays increased their target price on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $147.57.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

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.