180 Wealth Advisors LLC lifted its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,196 shares of the company’s stock after purchasing an additional 169 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $552,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its position in shares of Kimberly-Clark by 20.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 7,098,362 shares of the company’s stock worth $1,048,143,000 after purchasing an additional 1,199,969 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Kimberly-Clark by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,535,828 shares of the company’s stock worth $669,761,000 after purchasing an additional 162,971 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Kimberly-Clark by 2.0% during the third quarter. California Public Employees Retirement System now owns 2,287,848 shares of the company’s stock worth $337,824,000 after purchasing an additional 45,478 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Kimberly-Clark by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 2,057,598 shares of the company’s stock worth $301,108,000 after purchasing an additional 106,290 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its position in shares of Kimberly-Clark by 7.7% during the third quarter. UBS Asset Management Americas Inc. now owns 1,938,329 shares of the company’s stock worth $286,214,000 after purchasing an additional 138,071 shares in the last quarter. 71.89% of the stock is currently owned by institutional investors.
Shares of NYSE:KMB opened at $132.10 on Friday. The company’s 50-day moving average price is $133.61 and its two-hundred day moving average price is $143.41. The company has a debt-to-equity ratio of 13.61, a current ratio of 1.00 and a quick ratio of 0.70. Kimberly-Clark Co. has a one year low of $110.66 and a one year high of $160.16. The stock has a market capitalization of $44.93 billion, a PE ratio of 19.20, a price-to-earnings-growth ratio of 3.10 and a beta of 0.50.
Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Sunday, January 24th. The company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.61 by $0.08. Kimberly-Clark had a net margin of 12.49% and a return on equity of 812.50%. The firm had revenue of $4.84 billion for the quarter, compared to analysts’ expectations of $4.73 billion. During the same period in the previous year, the firm posted $1.71 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts anticipate that Kimberly-Clark Co. will post 7.67 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 5th. Stockholders of record on Friday, March 5th will be issued a $1.14 dividend. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.45%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.07. The ex-dividend date is Thursday, March 4th. Kimberly-Clark’s dividend payout ratio is presently 62.12%.
Several research firms recently commented on KMB. JPMorgan Chase & Co. cut shares of Kimberly-Clark from an “overweight” rating to a “neutral” rating and set a $163.00 price objective on the stock. in a research report on Friday, October 16th. They noted that the move was a valuation call. Royal Bank of Canada reduced their target price on shares of Kimberly-Clark from $152.00 to $147.00 and set a “sector perform” rating for the company in a research note on Tuesday. Zacks Investment Research raised shares of Kimberly-Clark from a “sell” rating to a “hold” rating and set a $146.00 target price for the company in a research note on Thursday. Barclays reaffirmed a “buy” rating and issued a $167.00 target price on shares of Kimberly-Clark in a research note on Monday, October 26th. Finally, Argus lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $149.92.
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.
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