Kestra Investment Management LLC Has $985,000 Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Kestra Investment Management LLC boosted its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 86.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,514 shares of the company's stock after buying an additional 3,493 shares during the quarter. Kestra Investment Management LLC's holdings in Kimberly-Clark were worth $985,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KMB. Park Avenue Securities LLC increased its position in Kimberly-Clark by 77.4% during the 4th quarter. Park Avenue Securities LLC now owns 13,786 shares of the company's stock worth $1,807,000 after purchasing an additional 6,016 shares in the last quarter. Pensionfund Sabic increased its position in Kimberly-Clark by 45.5% during the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company's stock worth $1,677,000 after purchasing an additional 4,000 shares in the last quarter. Barclays PLC increased its position in Kimberly-Clark by 19.4% during the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company's stock worth $239,267,000 after purchasing an additional 273,813 shares in the last quarter. Aprio Wealth Management LLC increased its position in Kimberly-Clark by 20.0% during the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company's stock worth $366,000 after purchasing an additional 466 shares in the last quarter. Finally, West Oak Capital LLC lifted its stake in shares of Kimberly-Clark by 20,377.6% during the fourth quarter. West Oak Capital LLC now owns 33,788 shares of the company's stock valued at $4,428,000 after buying an additional 33,623 shares during the period. Hedge funds and other institutional investors own 76.29% of the company's stock.

Kimberly-Clark Stock Up 0.9 %

KMB traded up $1.31 on Friday, reaching $140.28. The company's stock had a trading volume of 2,316,595 shares, compared to its average volume of 2,169,741. 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 1 year low of $118.62 and a 1 year high of $149.30. The business's 50 day moving average is $130.19 and its 200 day moving average is $136.48. The stock has a market cap of $46.53 billion, a price-to-earnings ratio of 18.58, a price-to-earnings-growth ratio of 4.42 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting analysts' consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. As a group, research analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.59%. Kimberly-Clark's dividend payout ratio (DPR) is 64.64%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KMB. Barclays reduced their price objective on shares of 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. JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Friday, January 24th. Citigroup lowered their price objective 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. Finally, TD Cowen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a report on Wednesday, January 8th. 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 data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price 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.