Allworth Financial LP Has $1.91 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Allworth Financial LP lifted its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 27.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,150 shares of the company's stock after purchasing an additional 3,228 shares during the period. Allworth Financial LP's holdings in Kimberly-Clark were worth $1,911,000 at the end of the most recent reporting period.

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

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded up $1.31 during trading on Friday, reaching $140.28. The company had a trading volume of 2,316,595 shares, compared to its average volume of 2,169,741. The firm's fifty day moving average is $130.19 and its 200 day moving average is $136.48. The firm has a market capitalization of $46.53 billion, a PE ratio of 18.58, a price-to-earnings-growth ratio of 4.42 and a beta of 0.41. Kimberly-Clark Co. has a twelve month low of $118.62 and a twelve month high of $149.30. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. On average, equities analysts forecast that Kimberly-Clark Co. will post 7.5 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. Investors of record on Friday, March 7th will be given a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's dividend payout ratio is 64.64%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. TD Cowen cut 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. Wells Fargo & Company cut their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. StockNews.com lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Saturday, February 15th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Friday, January 24th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Kimberly-Clark presently has a consensus rating of "Hold" and an average price target 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.