FAS Wealth Partners Inc. Has $332,000 Position in Kimberly-Clark Co. (NYSE:KMB)

FAS Wealth Partners Inc. lowered its position in shares of Kimberly-Clark Co. (NYSE:KMBFree Report) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,733 shares of the company’s stock after selling 310 shares during the quarter. FAS Wealth Partners Inc.’s holdings in Kimberly-Clark were worth $332,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its holdings in Kimberly-Clark by 2.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,191,478 shares of the company’s stock valued at $869,090,000 after purchasing an additional 177,712 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Kimberly-Clark by 1.7% in the first quarter. Geode Capital Management LLC now owns 6,465,213 shares of the company’s stock valued at $866,180,000 after buying an additional 108,050 shares during the period. American Century Companies Inc. boosted its holdings in shares of Kimberly-Clark by 14.7% in the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after buying an additional 641,187 shares during the period. Morgan Stanley boosted its holdings in shares of Kimberly-Clark by 4.6% in the third quarter. Morgan Stanley now owns 4,884,941 shares of the company’s stock valued at $590,345,000 after buying an additional 212,739 shares during the period. Finally, Moneta Group Investment Advisors LLC boosted its holdings in shares of Kimberly-Clark by 123,302.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company’s stock valued at $601,394,000 after buying an additional 4,426,568 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total transaction of $450,120.00. Following the sale, the insider now directly owns 17,229 shares of the company’s stock, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. Insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

KMB has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. HSBC upped their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $123.00 price target on shares of Kimberly-Clark in a report on Thursday, March 28th. The Goldman Sachs Group assumed coverage on shares of Kimberly-Clark in a research report on Friday, March 1st. They issued a “buy” rating and a $135.00 price objective on the stock. Finally, Barclays cut their price objective on shares of Kimberly-Clark from $128.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Friday, January 26th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $132.27.

Read Our Latest Report on Kimberly-Clark

Kimberly-Clark Stock Performance

NYSE KMB opened at $127.69 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. The firm’s fifty day moving average price is $122.88 and its two-hundred day moving average price is $122.03. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87. The firm has a market capitalization of $43.02 billion, a P/E ratio of 24.56, a price-to-earnings-growth ratio of 3.95 and a beta of 0.40.

Kimberly-Clark (NYSE:KMBGet Free Report) last posted its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the company posted $1.54 earnings per share. The business’s revenue was up .7% compared to the same quarter last year. As a group, research analysts anticipate that Kimberly-Clark Co. will post 6.83 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a dividend of $1.22 per share. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend was Thursday, March 7th. Kimberly-Clark’s dividend payout ratio is 93.85%.

Kimberly-Clark Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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