ORG Partners LLC Sells 3,256 Shares of Kimberly-Clark Co. (NYSE:KMB)

ORG Partners LLC lessened its position in shares of Kimberly-Clark Co. (NYSE:KMBFree Report) by 54.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,729 shares of the company’s stock after selling 3,256 shares during the period. ORG Partners LLC’s holdings in Kimberly-Clark were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PFG Investments LLC lifted its holdings in shares of Kimberly-Clark by 11.2% during the 3rd quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after acquiring an additional 209 shares during the period. Compagnie Lombard Odier SCmA acquired a new position in Kimberly-Clark during the 4th quarter worth approximately $4,253,000. AE Wealth Management LLC increased its position in Kimberly-Clark by 0.3% during the 3rd quarter. AE Wealth Management LLC now owns 240,819 shares of the company’s stock worth $29,103,000 after purchasing an additional 638 shares in the last quarter. Rockline Wealth Management LLC acquired a new position in Kimberly-Clark during the 4th quarter worth approximately $1,661,000. Finally, Nordea Investment Management AB increased its position in Kimberly-Clark by 28.3% during the 4th quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after purchasing an additional 368,505 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

KMB has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $133.00 to $150.00 in a research report on Thursday, March 28th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday. Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a research report on Thursday, March 28th. Finally, The Goldman Sachs Group began coverage on shares of Kimberly-Clark in a research report on Friday, March 1st. They issued a “buy” rating and a $135.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and an average price target of $132.43.

View Our Latest Analysis on KMB

Kimberly-Clark Trading Down 1.7 %

KMB opened at $123.89 on Friday. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The company has a fifty day moving average of $123.75 and a 200-day moving average of $122.17. The stock has a market cap of $41.74 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 3.73 and a beta of 0.40.

Kimberly-Clark (NYSE:KMBGet Free Report) last issued its earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). The company had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 earnings per share. On average, sell-side analysts predict that Kimberly-Clark Co. will post 6.83 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.94%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date was Thursday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at $2,084,709. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark T. Smucker acquired 827 shares of the company’s stock in a transaction on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, the director now directly owns 827 shares of the company’s stock, valued at approximately $100,050.46. The disclosure for this purchase can be found here. Insiders own 0.62% of the company’s stock.

About Kimberly-Clark

(Free Report)

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.

Further Reading

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

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