Arlington Trust Co LLC Trims Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Arlington Trust Co LLC lessened its stake in Kimberly-Clark Co. (NYSE:KMB) by 65.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 419 shares of the company’s stock after selling 804 shares during the period. Arlington Trust Co LLC’s holdings in Kimberly-Clark were worth $60,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Elevate Capital Advisors LLC raised its position in Kimberly-Clark by 46.4% in the 1st quarter. Elevate Capital Advisors LLC now owns 12,444 shares of the company’s stock valued at $1,770,000 after purchasing an additional 3,944 shares during the last quarter. Schroder Investment Management Group raised its holdings in shares of Kimberly-Clark by 2.8% in the fourth quarter. Schroder Investment Management Group now owns 464,053 shares of the company’s stock valued at $60,615,000 after buying an additional 12,768 shares during the last quarter. Unigestion Holding SA boosted its stake in shares of Kimberly-Clark by 8.2% during the first quarter. Unigestion Holding SA now owns 127,623 shares of the company’s stock worth $18,145,000 after buying an additional 9,643 shares during the period. Farmers Trust Co. grew its holdings in shares of Kimberly-Clark by 108.6% during the first quarter. Farmers Trust Co. now owns 45,088 shares of the company’s stock worth $6,412,000 after buying an additional 23,472 shares during the last quarter. Finally, NBC Securities Inc. increased its position in Kimberly-Clark by 106,600.0% in the 1st quarter. NBC Securities Inc. now owns 7,469 shares of the company’s stock valued at $1,062,000 after acquiring an additional 7,462 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $132.36 on Thursday. The company has a market cap of $43.92 billion, a P/E ratio of 17.53, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The business has a fifty day moving average of $134.26 and a two-hundred day moving average of $134.70. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.89 by $0.04. The firm had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter last year, the business earned $2.01 earnings per share. As a group, analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th were paid a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Friday, June 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 68.66%.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of recent research reports. Royal Bank Of Canada decreased their price objective on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. UBS Group increased their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Barclays lowered their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 24th. Evercore ISI cut their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their target price on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a report on Friday, April 11th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $143.50.

Insider Buying and Selling at Kimberly-Clark

In related news, insider Katy Chen sold 740 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the transaction, the insider directly owned 3,997 shares of the company’s stock, valued at $518,410.90. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.64% of the stock is currently owned by corporate insiders.

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.