UMB Bank n.a. Has $1.67 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

UMB Bank n.a. reduced its stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 19.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,738 shares of the company's stock after selling 3,032 shares during the period. UMB Bank n.a.'s holdings in Kimberly-Clark were worth $1,669,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Wesbanco Bank Inc. raised its holdings in Kimberly-Clark by 0.9% in the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company's stock valued at $1,101,000 after acquiring an additional 71 shares during the period. My Legacy Advisors LLC grew its position in shares of Kimberly-Clark by 4.6% in the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company's stock valued at $248,000 after purchasing an additional 76 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its stake in shares of Kimberly-Clark by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company's stock worth $759,000 after purchasing an additional 77 shares during the period. Graypoint LLC lifted its holdings in Kimberly-Clark by 1.5% during the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company's stock worth $756,000 after purchasing an additional 78 shares during the last quarter. Finally, Truvestments Capital LLC boosted its stake in Kimberly-Clark by 2.7% in the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company's stock valued at $424,000 after purchasing an additional 78 shares during the period. 76.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KMB. Wells Fargo & Company dropped their target price on Kimberly-Clark from $140.00 to $130.00 and set an "equal weight" rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an "underweight" rating for the company in a research note on Thursday, January 16th. 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 research report on Wednesday, January 8th. UBS Group dropped their price target on shares of Kimberly-Clark from $151.00 to $132.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Finally, Piper Sandler reduced their price target on Kimberly-Clark from $175.00 to $161.00 and set an "overweight" rating on the stock in a research report on Monday, January 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $143.71.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded down $0.75 during midday trading on Tuesday, hitting $126.47. 1,836,471 shares of the company traded hands, compared to its average volume of 1,911,797. The stock has a market cap of $42.18 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 3.56 and a beta of 0.41. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The firm's fifty day moving average price is $132.29 and its 200-day moving average price is $137.91. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same period in the prior year, the business earned $1.74 earnings per share. The company's revenue for the quarter was down 3.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Kimberly-Clark Co. will post 7.32 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.86%. Kimberly-Clark's dividend payout ratio is presently 63.29%.

Insider Activity

In other news, VP Andrew Drexler sold 3,000 shares of the firm's stock in a transaction on 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 transaction, the vice president now owns 5,053 shares of the company's stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.62% of the company's stock.

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.