Bristlecone Advisors LLC Has $474,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Bristlecone Advisors LLC boosted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 131.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,619 shares of the company’s stock after buying an additional 2,056 shares during the quarter. Bristlecone Advisors LLC’s holdings in Kimberly-Clark were worth $474,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wesbanco Bank Inc. raised its stake in shares of Kimberly-Clark by 0.9% in the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock valued at $1,101,000 after buying an additional 71 shares during the period. My Legacy Advisors LLC raised its stake in shares of Kimberly-Clark by 4.6% in the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock valued at $248,000 after buying an additional 76 shares during the period. Thompson Siegel & Walmsley LLC raised its stake in shares of Kimberly-Clark by 1.5% in the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after buying an additional 77 shares during the period. Graypoint LLC raised its stake in shares of Kimberly-Clark by 1.5% in the third quarter. Graypoint LLC now owns 5,315 shares of the company’s stock valued at $756,000 after buying an additional 78 shares during the period. Finally, Truvestments Capital LLC raised its stake in shares of Kimberly-Clark by 2.7% during the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock valued at $424,000 after purchasing an additional 78 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Trading Up 0.9 %

KMB opened at $131.44 on Tuesday. The business has a 50 day simple moving average of $130.22 and a two-hundred day simple moving average of $136.73. The firm has a market capitalization of $43.83 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 4.12 and a beta of 0.41. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) 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%. Analysts predict that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a $1.26 dividend. The ex-dividend date is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.83%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s dividend payout ratio is currently 66.75%.

Wall Street Analysts Forecast Growth

KMB has been the topic of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective 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. Citigroup reduced their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Barclays reduced their target price on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Finally, Wells Fargo & Company reduced their target price on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $143.64.

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.