Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lifted its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 23.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,962 shares of the company's stock after buying an additional 4,873 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Kimberly-Clark were worth $3,694,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. William B. Walkup & Associates Inc. bought a new position in shares of Kimberly-Clark during the 2nd quarter worth $26,000. New Millennium Group LLC bought a new position in Kimberly-Clark during the 2nd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark during the 3rd quarter valued at about $29,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company's stock worth $32,000 after purchasing an additional 202 shares during the period. Finally, Kennebec Savings Bank purchased a new position in Kimberly-Clark during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 3,000 shares of the business's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company's stock, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.62% of the company's stock.

Kimberly-Clark Stock Performance

Shares of KMB stock traded down $3.46 on Friday, hitting $134.69. The company had a trading volume of 2,207,240 shares, compared to its average volume of 2,109,441. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The firm has a market cap of $44.92 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 2.87 and a beta of 0.40. The company has a 50-day moving average price of $138.20 and a 200-day moving average price of $139.33.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.74 EPS. As a group, equities research analysts predict that Kimberly-Clark Co. will post 7.27 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be issued a $1.22 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.62%. Kimberly-Clark's payout ratio is 63.29%.

Wall Street Analysts Forecast Growth

KMB has been the topic of several recent research reports. UBS Group dropped their target price on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. Royal Bank of Canada reissued an "outperform" rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. cut their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a research report on Tuesday, October 8th. Finally, Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the company an "equal weight" rating in a research report on Friday, October 11th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $149.93.

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.