Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 6.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 44,302 shares of the company’s stock after selling 3,036 shares during the period. Janus Henderson Group PLC’s holdings in Kimberly-Clark were worth $5,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KMB. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. Marshall Investment Management LLC purchased a new stake in Kimberly-Clark during the 4th quarter worth $25,000. Golden State Wealth Management LLC purchased a new stake in Kimberly-Clark during the 4th quarter worth $32,000. Strategic Financial Concepts LLC purchased a new position in Kimberly-Clark in the 4th quarter valued at about $33,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter valued at about $33,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Katy Chen sold 1,794 shares of the stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total value of $234,547.56. Following the completion of the transaction, the insider now directly owns 3,098 shares of the company’s stock, valued at $405,032.52. This trade represents a 36.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,872 shares of company stock valued at $2,208,684 in the last quarter. Company insiders own 0.64% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of NYSE KMB opened at $139.33 on Monday. The stock has a market capitalization of $46.23 billion, a P/E ratio of 18.45, a P/E/G ratio of 4.46 and a beta of 0.35. The firm’s 50-day moving average price is $137.09 and its two-hundred day moving average price is $134.75. Kimberly-Clark Co. has a 52-week low of $124.10 and a 52-week high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

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

Kimberly-Clark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be given a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a dividend yield of 3.62%. Kimberly-Clark’s dividend payout ratio is currently 68.66%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Wells Fargo & Company boosted their price target on Kimberly-Clark from $130.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Friday, March 28th. Royal Bank of Canada dropped their price objective on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating on the stock in a report on Wednesday, April 23rd. StockNews.com cut Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. UBS Group lifted their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. Finally, JPMorgan Chase & Co. upped their price target 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, eight have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $145.08.

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.