Natixis Advisors L.P. Has $12.02 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Natixis Advisors L.P. decreased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 98,962 shares of the company’s stock after selling 2,725 shares during the period. Natixis Advisors L.P.’s holdings in Kimberly-Clark were worth $12,024,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of KMB. OFI Invest Asset Management acquired a new stake in shares of Kimberly-Clark in the third quarter worth about $25,000. Cranbrook Wealth Management LLC lifted its holdings in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares during the last quarter. Centerpoint Advisors LLC boosted its position in Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in Kimberly-Clark during the fourth quarter valued at approximately $35,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on KMB shares. Bank of America upped their price objective on shares of Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a report on Wednesday, April 24th. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their price target for the company from $133.00 to $150.00 in a report on Thursday, March 28th. HSBC lifted their price objective on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Barclays increased their target price on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research note on Thursday, April 25th. Finally, Royal Bank of Canada upped their price target on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $134.85.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $136.83, for a total value of $342,075.00. Following the completion of the transaction, the vice president now owns 8,053 shares in the company, valued at $1,101,891.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $136.83, for a total value of $342,075.00. Following the completion of the sale, the vice president now directly owns 8,053 shares in the company, valued at $1,101,891.99. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Katy Chen sold 454 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the sale, the insider now owns 520 shares of the company’s stock, valued at approximately $70,324.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 20,562 shares of company stock valued at $2,808,345. 0.62% of the stock is owned by insiders.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $135.95 on Wednesday. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $145.67. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. The firm has a market cap of $45.78 billion, a P/E ratio of 24.99, a price-to-earnings-growth ratio of 3.87 and a beta of 0.38. The firm’s 50-day simple moving average is $128.07 and its 200-day simple moving average is $123.62.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.67 EPS. As a group, research analysts expect that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.59%. Kimberly-Clark’s dividend payout ratio is presently 89.71%.

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.