Kimberly-Clark Corporation $KMB Shares Sold by Blair William & Co. IL

Blair William & Co. IL lowered its holdings in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 14.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,093 shares of the company’s stock after selling 23,491 shares during the period. Blair William & Co. IL’s holdings in Kimberly-Clark were worth $17,668,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sunpointe LLC acquired a new stake in Kimberly-Clark in the third quarter worth approximately $242,000. Aptus Capital Advisors LLC increased its position in shares of Kimberly-Clark by 2.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 18,523 shares of the company’s stock valued at $2,303,000 after purchasing an additional 516 shares during the period. Barclays PLC raised its stake in shares of Kimberly-Clark by 39.4% in the 3rd quarter. Barclays PLC now owns 1,293,919 shares of the company’s stock worth $160,886,000 after buying an additional 365,586 shares in the last quarter. Advisory Alpha LLC lifted its holdings in shares of Kimberly-Clark by 7.4% in the third quarter. Advisory Alpha LLC now owns 3,058 shares of the company’s stock valued at $375,000 after buying an additional 211 shares during the period. Finally, IFG Advisory LLC boosted its stake in Kimberly-Clark by 12.2% during the third quarter. IFG Advisory LLC now owns 6,405 shares of the company’s stock valued at $796,000 after buying an additional 696 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of KMB opened at $104.58 on Monday. The company has a 50-day moving average of $103.41 and a two-hundred day moving average of $111.07. The stock has a market cap of $34.71 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 3.76 and a beta of 0.24. The company has a debt-to-equity ratio of 3.97, a current ratio of 0.75 and a quick ratio of 0.54. Kimberly-Clark Corporation has a one year low of $96.26 and a one year high of $150.45.

Kimberly-Clark (NASDAQ:KMB) last issued its earnings results on Tuesday, January 27th. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.81 by $0.05. The business had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Kimberly-Clark had a return on equity of 170.48% and a net margin of 11.73%.Kimberly-Clark’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.50 earnings per share. On average, equities research analysts expect that Kimberly-Clark Corporation will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be paid a dividend of $1.28 per share. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.26. The ex-dividend date of this dividend is Friday, March 6th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.9%. Kimberly-Clark’s dividend payout ratio (DPR) is 84.35%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KMB. UBS Group upped their price target on shares of Kimberly-Clark from $107.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. BNP Paribas Exane reiterated a “neutral” rating and issued a $110.00 target price on shares of Kimberly-Clark in a report on Monday, December 1st. Zacks Research lowered shares of Kimberly-Clark from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Citigroup reduced their target price on shares of Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating for the company in a report on Wednesday, January 14th. Finally, Wells Fargo & Company set a $110.00 price objective on Kimberly-Clark in a research report on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $119.00.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Scribner sold 3,049 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $104.29, for a total value of $317,980.21. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.64% of the company’s stock.

About Kimberly-Clark

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.