Acropolis Investment Management LLC Sells 7,673 Shares of Kimberly-Clark Corporation $KMB

Acropolis Investment Management LLC trimmed its position in Kimberly-Clark Corporation (NASDAQ:KMB) by 63.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,444 shares of the company’s stock after selling 7,673 shares during the period. Acropolis Investment Management LLC’s holdings in Kimberly-Clark were worth $448,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KMB. State Street Corp increased its holdings in Kimberly-Clark by 5.0% during the third quarter. State Street Corp now owns 20,830,890 shares of the company’s stock valued at $2,615,382,000 after buying an additional 997,397 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Kimberly-Clark by 4.6% during the 2nd quarter. Invesco Ltd. now owns 6,097,800 shares of the company’s stock worth $786,128,000 after acquiring an additional 270,134 shares during the last quarter. Capital World Investors grew its position in shares of Kimberly-Clark by 0.3% during the 3rd quarter. Capital World Investors now owns 4,940,945 shares of the company’s stock valued at $614,357,000 after acquiring an additional 14,306 shares during the period. Norges Bank purchased a new stake in shares of Kimberly-Clark in the 2nd quarter worth $556,114,000. Finally, Northern Trust Corp increased its stake in shares of Kimberly-Clark by 0.3% in the 3rd quarter. Northern Trust Corp now owns 3,890,193 shares of the company’s stock worth $483,707,000 after purchasing an additional 9,951 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of KMB opened at $98.66 on Monday. The business’s 50 day moving average is $103.43 and its 200 day moving average is $107.86. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 3.97. Kimberly-Clark Corporation has a 12-month low of $96.26 and a 12-month high of $147.12. The company has a market capitalization of $32.75 billion, a PE ratio of 16.25, a price-to-earnings-growth ratio of 3.51 and a beta of 0.24.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.05. The business had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.11 billion. Kimberly-Clark had a net margin of 11.73% and a return on equity of 170.48%. The company’s revenue was down .6% on a year-over-year basis. During the same period last year, the firm posted $1.50 EPS. Research analysts expect that Kimberly-Clark Corporation 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 will be paid on Thursday, April 2nd. Investors of record on Friday, March 6th will be paid a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.26. This represents a $5.12 annualized dividend and a yield of 5.2%. Kimberly-Clark’s dividend payout ratio is 84.35%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Citigroup lowered their target price on Kimberly-Clark from $95.00 to $90.00 and set a “sell” rating on the stock in a research report on Wednesday, January 14th. Wells Fargo & Company set a $110.00 price objective on Kimberly-Clark in a research note on Tuesday, February 17th. BNP Paribas Exane reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Kimberly-Clark in a research report on Monday, December 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kimberly-Clark in a research note on Monday, December 29th. Finally, TD Cowen reduced their target price on shares of Kimberly-Clark from $112.00 to $105.00 and set a “hold” rating for the company in a report on Thursday, January 8th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $116.42.

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 on Thursday, February 5th. The shares were sold at an average price of $104.29, for a total value of $317,980.21. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.64% of the company’s stock.

Kimberly-Clark Company Profile

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.