Twin Capital Management Inc. Has $1.29 Million Stake in Kimberly-Clark Co. (NYSE:KMB)

Twin Capital Management Inc. lifted its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 35.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,845 shares of the company's stock after buying an additional 2,579 shares during the period. Twin Capital Management Inc.'s holdings in Kimberly-Clark were worth $1,290,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Marshall Investment Management LLC acquired a new position in Kimberly-Clark during the fourth quarter worth about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $25,000. Roxbury Financial LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter worth approximately $33,000. Golden State Wealth Management LLC acquired a new stake in Kimberly-Clark during the fourth quarter valued at approximately $32,000. Finally, Synergy Asset Management LLC bought a new stake in Kimberly-Clark during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 76.29% of the company's stock.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 10,838 shares of the firm'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 value of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares of the company's stock, valued at approximately $1,088,520. This trade represents a 58.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.64% of the company's stock.

Kimberly-Clark Stock Up 1.7 %

Shares of NYSE:KMB traded up $2.28 during trading on Friday, reaching $139.77. 1,721,534 shares of the company traded hands, compared to its average volume of 2,149,010. The firm has a fifty day simple moving average of $138.39 and a 200 day simple moving average of $135.68. 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 1-year low of $124.10 and a 1-year high of $150.45. The firm has a market cap of $46.35 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37.

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, meeting analysts' consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were issued a dividend of $1.26 per share. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a yield of 3.61%. The ex-dividend date was Friday, March 7th. Kimberly-Clark's dividend payout ratio (DPR) is 66.75%.

Analyst Ratings Changes

Several research firms have issued reports on KMB. Barclays upped their price target on Kimberly-Clark from $138.00 to $144.00 and gave the company an "equal weight" rating in a report on Thursday, March 27th. TD Cowen lowered Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target for the company. in a research report on Wednesday, January 8th. StockNews.com upgraded Kimberly-Clark from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Royal Bank of Canada reiterated an "outperform" rating and issued a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Finally, Citigroup dropped their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $145.38.

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.