Kimberly-Clark Co. (NYSE:KMB) Stock Holdings Trimmed by Lbp Am Sa

LBP AM SA trimmed its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 17.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,924 shares of the company's stock after selling 21,768 shares during the quarter. LBP AM SA's holdings in Kimberly-Clark were worth $13,880,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Aptus Capital Advisors LLC raised its holdings in shares of Kimberly-Clark by 23.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,304 shares of the company's stock valued at $470,000 after buying an additional 634 shares during the period. MQS Management LLC purchased a new stake in shares of Kimberly-Clark during the 3rd quarter valued at about $356,000. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Kimberly-Clark by 4.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,691 shares of the company's stock valued at $1,379,000 after buying an additional 422 shares during the period. ING Groep NV raised its holdings in shares of Kimberly-Clark by 0.5% during the 3rd quarter. ING Groep NV now owns 73,018 shares of the company's stock valued at $10,389,000 after buying an additional 340 shares during the period. Finally, Intellectus Partners LLC raised its holdings in shares of Kimberly-Clark by 5.5% during the 3rd quarter. Intellectus Partners LLC now owns 7,144 shares of the company's stock valued at $1,025,000 after buying an additional 372 shares during the period. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.62% of the company's stock.

Analyst Upgrades and Downgrades

KMB has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. Royal Bank of Canada reiterated an "outperform" rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Citigroup dropped their price objective on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. UBS Group lifted their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Finally, Barclays dropped their price objective on Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating on the stock in a report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Kimberly-Clark presently has an average rating of "Hold" and a consensus price target of $143.64.

Kimberly-Clark Stock Performance

Shares of KMB traded down $0.46 during mid-day trading on Tuesday, hitting $139.45. The stock had a trading volume of 1,661,930 shares, compared to its average volume of 2,017,682. The company has a market cap of $46.25 billion, a PE ratio of 18.47, a PEG ratio of 4.46 and a beta of 0.36. The company's fifty day simple moving average is $134.05 and its two-hundred day simple moving average is $136.34. 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 Co. has a fifty-two week low of $123.02 and a fifty-two week high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 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, equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a dividend of $1.26 per share. The ex-dividend date is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a yield of 3.61%. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's payout ratio is currently 66.75%.

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.