Jump Financial LLC Reduces Position in Kimberly-Clark Co. (NYSE:KMB)

Jump Financial LLC trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 65.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,026 shares of the company's stock after selling 5,818 shares during the quarter. Jump Financial LLC's holdings in Kimberly-Clark were worth $397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Kimberly-Clark by 15.1% during the fourth quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company's stock worth $4,605,079,000 after purchasing an additional 4,603,787 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Kimberly-Clark by 5.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 10,589,967 shares of the company's stock valued at $1,387,709,000 after buying an additional 529,223 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Kimberly-Clark by 10.4% in the 4th quarter. Geode Capital Management LLC now owns 8,473,459 shares of the company's stock worth $1,113,444,000 after acquiring an additional 797,953 shares in the last quarter. Invesco Ltd. boosted its position in Kimberly-Clark by 21.9% during the 4th quarter. Invesco Ltd. now owns 5,653,751 shares of the company's stock valued at $740,868,000 after purchasing an additional 1,015,141 shares during the period. Finally, Norges Bank acquired a new position in Kimberly-Clark during the 4th quarter valued at approximately $582,592,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Kimberly-Clark Trading Down 0.5 %

Shares of KMB traded down $0.71 during trading hours on Monday, reaching $130.90. 1,746,381 shares of the company traded hands, compared to its average volume of 2,127,045. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The company has a market capitalization of $43.41 billion, a price-to-earnings ratio of 17.34, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37. The company's fifty day moving average price is $139.48 and its two-hundred day moving average price is $135.38. 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 (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period in the prior year, the business posted $2.01 EPS. Equities research analysts predict 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 was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were paid a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.85%. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark's dividend payout ratio (DPR) is presently 68.66%.

Wall Street Analysts Forecast Growth

KMB has been the subject of several recent analyst reports. Royal Bank of Canada decreased their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Evercore ISI cut their price target on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. boosted their price objective on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. TD Cowen cut 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. Finally, Wells Fargo & Company upped their target price on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $145.08.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.64% of the company's stock.

Kimberly-Clark Company 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.