Tokio Marine Asset Management Co. Ltd. cut its holdings in Kimberly Clark Corp (NYSE:KMB) by 29.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,837 shares of the company’s stock after selling 769 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Kimberly Clark were worth $222,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in KMB. San Francisco Sentry Investment Group CA raised its stake in Kimberly Clark by 2,385.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after purchasing an additional 954 shares during the last quarter. Heritage Trust Co raised its stake in Kimberly Clark by 11.2% in the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after purchasing an additional 100 shares during the last quarter. Shamrock Asset Management LLC raised its stake in Kimberly Clark by 220.5% in the 4th quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock valued at $134,000 after purchasing an additional 763 shares during the last quarter. Mosaic Family Wealth LLC raised its stake in Kimberly Clark by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after purchasing an additional 6 shares during the last quarter. Finally, Acrospire Investment Management LLC raised its stake in Kimberly Clark by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock valued at $155,000 after purchasing an additional 300 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company’s stock.

Kimberly Clark Corp (KMB) opened at $111.44 on Monday. The company has a current ratio of 0.89, a quick ratio of 0.58 and a debt-to-equity ratio of 7.34. Kimberly Clark Corp has a one year low of $109.51 and a one year high of $136.21. The company has a market cap of $39,082.71, a PE ratio of 17.89, a PEG ratio of 2.02 and a beta of 0.66.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.03. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The business had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $4.61 billion. During the same quarter in the previous year, the business earned $1.45 EPS. The company’s revenue for the quarter was up .8% on a year-over-year basis. sell-side analysts forecast that Kimberly Clark Corp will post 6.98 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Friday, March 9th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.59%. This is a boost from Kimberly Clark’s previous quarterly dividend of $0.97. Kimberly Clark’s payout ratio is presently 60.53%.

In other news, insider Kimberly K. Underhill sold 23,158 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the completion of the sale, the insider now owns 31,141 shares in the company, valued at approximately $3,729,757.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is currently owned by insiders.

A number of research analysts have recently commented on the stock. Zacks Investment Research raised shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Bank of America dropped their price objective on shares of Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating for the company in a research note on Tuesday, October 24th. Citigroup downgraded shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price objective for the company. in a research note on Monday, December 11th. Deutsche Bank assumed coverage on shares of Kimberly Clark in a research note on Wednesday, December 13th. They set a “hold” rating and a $121.00 price objective for the company. Finally, Wells Fargo & Co dropped their price objective on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating for the company in a research note on Tuesday, October 24th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $126.44.

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Kimberly Clark Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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