Fairfield Bush & CO. lessened its holdings in Kimberly Clark Corp (NYSE:KMB) by 9.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,732 shares of the company’s stock after selling 300 shares during the quarter. Fairfield Bush & CO.’s holdings in Kimberly Clark were worth $349,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC purchased a new stake in Kimberly Clark during the fourth quarter worth approximately $26,000. Moser Wealth Advisors LLC acquired a new position in shares of Kimberly Clark during the 4th quarter valued at $28,000. Sailer Financial LLC acquired a new position in shares of Kimberly Clark during the 4th quarter valued at $28,000. Red Door Wealth Management LLC acquired a new position in shares of Kimberly Clark during the 1st quarter valued at $31,000. Finally, Center for Financial Planning Inc. increased its position in shares of Kimberly Clark by 138.9% during the 1st quarter. Center for Financial Planning Inc. now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 157 shares during the period. 71.16% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on KMB. Deutsche Bank lifted their target price on Kimberly Clark from $143.00 to $145.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Morgan Stanley lifted their price target on Kimberly Clark from $133.00 to $146.00 and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Goldman Sachs Group upgraded Kimberly Clark to a “hold” rating in a report on Monday, March 30th. ValuEngine upgraded Kimberly Clark from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Finally, Royal Bank of Canada reiterated a “hold” rating and set a $149.00 price target on shares of Kimberly Clark in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. Kimberly Clark has a consensus rating of “Hold” and an average target price of $146.70.

Shares of NYSE KMB traded down $0.39 during trading hours on Wednesday, hitting $141.66. 77,368 shares of the company’s stock were exchanged, compared to its average volume of 1,508,784. Kimberly Clark Corp has a 1-year low of $110.66 and a 1-year high of $149.23. The company has a debt-to-equity ratio of 156.74, a current ratio of 0.87 and a quick ratio of 0.63. The stock has a market capitalization of $48.20 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 3.69 and a beta of 0.49. The company’s 50-day moving average price is $138.80 and its 200-day moving average price is $137.46.

Kimberly Clark (NYSE:KMB) last announced its earnings results on Wednesday, April 22nd. The company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.98 by $0.15. Kimberly Clark had a return on equity of 2,686.77% and a net margin of 12.55%. The business had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.84 billion. During the same period in the previous year, the business earned $1.66 EPS. Kimberly Clark’s revenue was up 7.9% compared to the same quarter last year. On average, research analysts expect that Kimberly Clark Corp will post 7.57 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 5th will be given a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Thursday, June 4th. Kimberly Clark’s dividend payout ratio is currently 62.12%.

In other Kimberly Clark news, insider Kimberly K. Underhill sold 24,469 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $140.25, for a total transaction of $3,431,777.25. Following the completion of the transaction, the insider now owns 57,527 shares in the company, valued at approximately $8,068,161.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kimberly K. Underhill sold 4,679 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $139.00, for a total value of $650,381.00. Following the transaction, the insider now owns 42,643 shares of the company’s stock, valued at approximately $5,927,377. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,536 shares of company stock valued at $5,969,866. 0.72% of the stock is owned by corporate insiders.

Kimberly Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional 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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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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