Yousif Capital Management LLC Decreases Holdings in Kimberly-Clark Co. (NYSE:KMB)

Yousif Capital Management LLC cut its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 103,037 shares of the company’s stock after selling 2,037 shares during the quarter. Yousif Capital Management LLC’s holdings in Kimberly-Clark were worth $13,502,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KMB. Park Avenue Securities LLC boosted its position in Kimberly-Clark by 77.4% during the 4th quarter. Park Avenue Securities LLC now owns 13,786 shares of the company’s stock valued at $1,807,000 after buying an additional 6,016 shares during the period. Pensionfund Sabic grew its stake in shares of Kimberly-Clark by 45.5% in the fourth quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock worth $1,677,000 after purchasing an additional 4,000 shares during the last quarter. Barclays PLC increased its holdings in Kimberly-Clark by 19.4% during the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock valued at $239,267,000 after purchasing an additional 273,813 shares during the period. Vest Financial LLC raised its position in Kimberly-Clark by 6.5% during the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock valued at $49,409,000 after purchasing an additional 21,339 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in Kimberly-Clark by 20.0% in the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after buying an additional 466 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.9 %

Shares of Kimberly-Clark stock opened at $129.29 on Wednesday. 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 Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The company has a market cap of $43.11 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 4.16 and a beta of 0.41. The company’s 50 day moving average is $131.03 and its 200 day moving average is $137.06.

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

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a dividend of $1.26 per share. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s payout ratio is currently 64.64%.

Wall Street Analyst Weigh In

A number of analysts recently commented on KMB shares. StockNews.com lowered Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Wells Fargo & Company cut their target price on shares of 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. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a research note on Wednesday, January 8th. UBS Group lifted their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $143.64.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction that occurred 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 directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.62% of the company’s stock.

About Kimberly-Clark

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.