Wealthcare Advisory Partners LLC lowered its position in Kimberly-Clark Co. (NYSE:KMB – Free Report) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,776 shares of the company’s stock after selling 186 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Kimberly-Clark were worth $495,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. William B. Walkup & Associates Inc. acquired a new stake in shares of Kimberly-Clark during the second quarter worth $26,000. Darwin Wealth Management LLC bought a new stake in shares of Kimberly-Clark during the 3rd quarter worth about $29,000. DiNuzzo Private Wealth Inc. increased its position in shares of Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares during the period. Kennebec Savings Bank acquired a new stake in Kimberly-Clark in the 3rd quarter valued at about $36,000. Finally, ORG Wealth Partners LLC bought a new position in shares of Kimberly-Clark in the third quarter valued at $39,000. 76.29% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares in the company, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.62% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Analysis on KMB
Kimberly-Clark Stock Performance
NYSE KMB opened at $127.33 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The firm has a market capitalization of $42.46 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 2.69 and a beta of 0.41. The firm’s 50 day simple moving average is $132.41 and its 200 day simple moving average is $137.98.
Kimberly-Clark (NYSE:KMB – Get Free Report) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The business’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period last year, the company earned $1.74 earnings per share. As a group, research analysts expect that Kimberly-Clark Co. will post 7.31 earnings per share for the current fiscal year.
Kimberly-Clark Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were issued a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.83%. Kimberly-Clark’s payout ratio is 63.29%.
About Kimberly-Clark
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.
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