Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 40.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,393 shares of the company’s stock after selling 2,963 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $568,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. American Century Companies Inc. increased its position in shares of Kimberly-Clark by 14.7% in the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after buying an additional 641,187 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Kimberly-Clark by 4.6% in the third quarter. Morgan Stanley now owns 4,884,941 shares of the company’s stock valued at $590,345,000 after purchasing an additional 212,739 shares in the last quarter. Norges Bank acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $437,420,000. Royal Bank of Canada raised its position in shares of Kimberly-Clark by 31.4% during the 3rd quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock worth $265,530,000 after purchasing an additional 524,632 shares during the last quarter. Finally, Capital World Investors lifted its stake in Kimberly-Clark by 23.8% in the 4th quarter. Capital World Investors now owns 1,926,702 shares of the company’s stock valued at $234,114,000 after buying an additional 370,094 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 0.5 %

NYSE KMB opened at $139.17 on Thursday. The stock has a market cap of $46.86 billion, a P/E ratio of 25.58, a PEG ratio of 3.12 and a beta of 0.38. The company’s fifty day simple moving average is $135.09 and its 200-day simple moving average is $127.21. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $142.20.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 EPS. Equities research analysts predict that Kimberly-Clark Co. will post 7.06 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be paid a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Friday, June 7th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 89.71%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Jeffrey P. Melucci sold 6,390 shares of the firm’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $135.59, for a total transaction of $866,420.10. Following the transaction, the insider now directly owns 33,649 shares in the company, valued at $4,562,467.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paula Ramos sold 10,178 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares in the company, valued at $109,050.15. The disclosure for this sale can be found here. Over the last quarter, insiders sold 24,395 shares of company stock valued at $3,332,776. 0.62% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price target on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a report on Wednesday, April 24th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Tuesday, June 18th. HSBC upped their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, UBS Group increased their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $141.64.

Kimberly-Clark 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.