United Services Automobile Association Grows Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

United Services Automobile Association increased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 168,864 shares of the company’s stock after purchasing an additional 226 shares during the period. United Services Automobile Association owned 0.05% of Kimberly-Clark worth $22,128,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KMB. Marshall Investment Management LLC acquired a new stake in Kimberly-Clark during the fourth quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Kimberly-Clark in the fourth quarter valued at $25,000. Roxbury Financial LLC purchased a new position in shares of Kimberly-Clark during the fourth quarter worth about $33,000. Golden State Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth about $32,000. Finally, Synergy Asset Management LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on KMB shares. Wells Fargo & Company decreased their price target on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Friday, January 24th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research note on Wednesday, January 8th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Finally, Citigroup cut their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus price target of $143.64.

Kimberly-Clark Trading Down 0.6 %

KMB stock opened at $138.31 on Monday. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a market cap of $45.87 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 4.46 and a beta of 0.36. The business has a fifty day simple moving average of $134.84 and a 200-day simple moving average of $136.18. Kimberly-Clark Co. has a 52 week low of $123.84 and a 52 week high of $150.45.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 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%. On average, equities research analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 3.64%. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is currently 66.75%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the transaction, the vice president now owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.64% of the company’s stock.

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.