44 Wealth Management LLC Has $1.57 Million Stock Position in Kimberly-Clark Co. (NYSE:KMB)

44 Wealth Management LLC lessened its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 18.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,953 shares of the company's stock after selling 2,781 shares during the period. 44 Wealth Management LLC's holdings in Kimberly-Clark were worth $1,566,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark during the 4th quarter worth about $25,000. Darwin Wealth Management LLC acquired a new position in shares of Kimberly-Clark during the 3rd quarter worth about $29,000. Roxbury Financial LLC acquired a new position in shares of Kimberly-Clark during the 4th quarter worth about $33,000. Golden State Wealth Management LLC bought a new position in Kimberly-Clark during the fourth quarter valued at about $32,000. Finally, Synergy Asset Management LLC bought a new position in Kimberly-Clark during the fourth quarter valued at about $35,000. Institutional investors and hedge funds own 76.29% of the company's stock.

Kimberly-Clark Trading Up 0.9 %

NYSE:KMB traded up $1.31 during trading hours on Friday, hitting $140.28. 2,316,595 shares of the stock were exchanged, compared to its average volume of 2,208,544. The company's 50 day moving average is $130.37 and its two-hundred day moving average is $136.48. Kimberly-Clark Co. has a twelve month low of $118.62 and a twelve month high of $149.30. 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 capitalization of $46.53 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 4.46 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data 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%. On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a dividend of $1.26 per share. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.59%. Kimberly-Clark's dividend payout ratio is currently 64.64%.

Analysts Set New Price Targets

Several brokerages recently issued reports on KMB. Barclays lowered their price target on Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating on the stock in a research note on Friday, January 17th. UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the company a "neutral" rating in a research note on Wednesday, January 29th. Wells Fargo & Company lowered their price objective on 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. JPMorgan Chase & Co. lowered 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. Finally, StockNews.com lowered Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $143.64.

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.