Human Investing LLC Sells 685 Shares of Kimberly-Clark Co. (NYSE:KMB)

Human Investing LLC decreased its position in Kimberly-Clark Co. (NYSE:KMB) by 22.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,381 shares of the company’s stock after selling 685 shares during the quarter. Human Investing LLC’s holdings in Kimberly-Clark were worth $312,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its position in Kimberly-Clark by 5.9% in 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. Charles Schwab Investment Management Inc. increased its stake in Kimberly-Clark by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,060,744 shares of the company’s stock worth $1,431,443,000 after purchasing an additional 358,926 shares during the period. Geode Capital Management LLC increased its stake in Kimberly-Clark by 2.8% in the 3rd quarter. Geode Capital Management LLC now owns 7,675,506 shares of the company’s stock worth $1,092,388,000 after purchasing an additional 206,671 shares during the period. Nordea Investment Management AB increased its stake in Kimberly-Clark by 20.4% in the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company’s stock worth $358,625,000 after purchasing an additional 464,615 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Kimberly-Clark by 0.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,712,258 shares of the company’s stock worth $385,900,000 after purchasing an additional 20,953 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $132.79 on Monday. The stock has a market cap of $44.28 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 4.12 and a beta of 0.41. The business’s fifty day moving average is $129.84 and its 200 day moving average is $136.52. Kimberly-Clark Co. has a twelve month low of $117.93 and a twelve month high of $149.30. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Research analysts expect that Kimberly-Clark Co. will post 7.51 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.80%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio is presently 64.64%.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction 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 directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.62% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on KMB shares. StockNews.com cut Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. decreased their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Barclays decreased their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. Piper Sandler reaffirmed an “overweight” rating and issued a $158.00 price target (down from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Finally, Wells Fargo & Company decreased their price target on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $143.64.

Kimberly-Clark Company 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.