Kimberly-Clark Co. (NYSE:KMB) Stock Position Increased by Diversified Trust Co

Diversified Trust Co raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,648 shares of the company’s stock after purchasing an additional 195 shares during the period. Diversified Trust Co’s holdings in Kimberly-Clark were worth $9,127,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. New York Life Investment Management LLC raised its stake in Kimberly-Clark by 0.9% during the 2nd quarter. New York Life Investment Management LLC now owns 51,389 shares of the company’s stock valued at $7,102,000 after acquiring an additional 479 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of Kimberly-Clark by 4,851.9% during the second quarter. Los Angeles Capital Management LLC now owns 85,717 shares of the company’s stock valued at $11,846,000 after purchasing an additional 83,986 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Kimberly-Clark during the second quarter valued at about $32,000. Chris Bulman Inc acquired a new stake in Kimberly-Clark in the second quarter worth about $85,000. Finally, Caprock Group LLC grew its position in Kimberly-Clark by 50.8% in the 2nd quarter. Caprock Group LLC now owns 12,862 shares of the company’s stock valued at $1,793,000 after buying an additional 4,335 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Wall Street Analysts Forecast Growth

KMB has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research note on Tuesday. Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. JPMorgan Chase & Co. lowered their price target on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $148.71.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Trading Up 0.7 %

Kimberly-Clark stock traded up $0.92 during midday trading on Tuesday, reaching $127.04. The stock had a trading volume of 287,916 shares, compared to its average volume of 1,404,082. The firm’s fifty day simple moving average is $133.76 and its two-hundred day simple moving average is $138.77. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The firm has a market cap of $42.37 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 2.76 and a beta of 0.41.

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

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 63.29%.

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.