Toroso Investments LLC Has $1.03 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Toroso Investments LLC increased its position in shares of Kimberly-Clark Co. (NYSE:KMB – Get Rating) by 9.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,127 shares of the company’s stock after acquiring an additional 807 shares during the period. Toroso Investments LLC’s holdings in Kimberly-Clark were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in KMB. Fairfield Bush & CO. acquired a new stake in shares of Kimberly-Clark during the 1st quarter worth approximately $96,000. Sei Investments Co. boosted its position in shares of Kimberly-Clark by 22.2% during the 1st quarter. Sei Investments Co. now owns 190,867 shares of the company’s stock worth $23,483,000 after acquiring an additional 34,646 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Kimberly-Clark by 2.8% during the 1st quarter. Baird Financial Group Inc. now owns 292,834 shares of the company’s stock worth $36,066,000 after acquiring an additional 7,878 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of Kimberly-Clark by 23.9% during the 1st quarter. Merit Financial Group LLC now owns 4,102 shares of the company’s stock worth $505,000 after acquiring an additional 791 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in Kimberly-Clark by 28.7% in the first quarter. NewEdge Advisors LLC now owns 20,180 shares of the company’s stock valued at $2,485,000 after buying an additional 4,503 shares in the last quarter. Institutional investors and hedge funds own 74.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KMB. JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $124.00 to $125.00 and gave the company an “underweight” rating in a research report on Thursday, January 26th. UBS Group raised their target price on shares of Kimberly-Clark from $129.00 to $136.00 and gave the company a “neutral” rating in a research report on Monday, January 23rd. Citigroup began coverage on shares of Kimberly-Clark in a research report on Thursday, February 16th. They issued a “sell” rating and a $120.00 target price on the stock. StockNews.com started coverage on shares of Kimberly-Clark in a research report on Thursday. They issued a “hold” rating on the stock. Finally, Barclays cut their price target on shares of Kimberly-Clark from $146.00 to $126.00 and set an “equal weight” rating on the stock in a report on Friday, January 27th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $128.00.

Kimberly-Clark Stock Performance

Shares of KMB opened at $125.37 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.47 and a debt-to-equity ratio of 10.83. The stock has a market capitalization of $42.31 billion, a P/E ratio of 21.92, a price-to-earnings-growth ratio of 2.16 and a beta of 0.39. The firm’s fifty day simple moving average is $129.31 and its two-hundred day simple moving average is $127.57. Kimberly-Clark Co. has a 12 month low of $108.74 and a 12 month high of $144.53.

Kimberly-Clark (NYSE:KMB – Get Rating) last issued its quarterly earnings results on Wednesday, January 25th. The company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.03. The business had revenue of $4.96 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Kimberly-Clark had a net margin of 9.59% and a return on equity of 264.67%. The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.30 earnings per share. As a group, analysts predict that Kimberly-Clark Co. will post 5.92 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th. Shareholders of record on Friday, March 10th will be given a dividend of $1.18 per share. The ex-dividend date of this dividend is Thursday, March 9th. This represents a $4.72 dividend on an annualized basis and a yield of 3.76%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.16. Kimberly-Clark’s dividend payout ratio is 82.52%.

About Kimberly-Clark

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Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.