Midwest Professional Planners LTD. Lowers Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Midwest Professional Planners LTD. trimmed its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 47.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,564 shares of the company's stock after selling 2,306 shares during the quarter. Midwest Professional Planners LTD.'s holdings in Kimberly-Clark were worth $336,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. IAG Wealth Partners LLC increased its position in Kimberly-Clark by 182.8% during the 4th quarter. IAG Wealth Partners LLC now owns 560 shares of the company's stock worth $73,000 after purchasing an additional 362 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its holdings in Kimberly-Clark by 9.3% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 579,713 shares of the company's stock worth $75,722,000 after acquiring an additional 49,197 shares during the last quarter. Achmea Investment Management B.V. grew its holdings in Kimberly-Clark by 86.8% during the 4th quarter. Achmea Investment Management B.V. now owns 210,648 shares of the company's stock worth $27,603,000 after acquiring an additional 97,901 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in Kimberly-Clark by 20.1% during the 4th quarter. Mascoma Wealth Management LLC now owns 598 shares of the company's stock worth $78,000 after acquiring an additional 100 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in Kimberly-Clark by 1.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 40,433 shares of the company's stock worth $5,298,000 after acquiring an additional 419 shares during the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of research firms have weighed in on KMB. Wells Fargo & Company reduced their target price 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. TD Cowen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 target price on the stock. in a report on Wednesday, January 8th. UBS Group boosted their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Royal Bank of Canada reissued an "outperform" rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Finally, Citigroup reduced their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Kimberly-Clark presently has an average rating of "Hold" and an average price target of $143.64.

Kimberly-Clark Stock Up 0.2 %

Shares of Kimberly-Clark stock traded up $0.22 during trading on Wednesday, reaching $139.75. 1,716,805 shares of the company traded hands, compared to its average volume of 2,016,483. 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 $123.02 and a 1-year high of $150.45. The company has a 50 day moving average price of $134.05 and a 200-day moving average price of $136.34. The firm has a market capitalization of $46.35 billion, a PE ratio of 18.51, a P/E/G ratio of 4.46 and a beta of 0.36.

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

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a dividend of $1.26 per share. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.61%. Kimberly-Clark's dividend payout ratio is presently 66.75%.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.62% of the company's stock.

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.