Albion Financial Group UT trimmed its holdings in Kimberly Clark Corp (NYSE:KMB) by 10.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,233 shares of the company’s stock after selling 3,890 shares during the quarter. Albion Financial Group UT’s holdings in Kimberly Clark were worth $4,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of KMB. American International Group Inc. increased its stake in shares of Kimberly Clark by 2,507.7% in the 4th quarter. American International Group Inc. now owns 4,397,893 shares of the company’s stock worth $530,650,000 after acquiring an additional 4,229,240 shares in the last quarter. Capital Research Global Investors increased its stake in shares of Kimberly Clark by 46.6% in the 2nd quarter. Capital Research Global Investors now owns 10,037,901 shares of the company’s stock worth $1,295,993,000 after acquiring an additional 3,191,549 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Kimberly Clark by 5,178.3% in the 2nd quarter. Janus Henderson Group PLC now owns 2,475,994 shares of the company’s stock worth $319,676,000 after acquiring an additional 2,429,085 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Kimberly Clark by 305.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,009,880 shares of the company’s stock worth $259,496,000 after acquiring an additional 1,514,722 shares in the last quarter. Finally, BlackRock Inc. increased its stake in shares of Kimberly Clark by 4.9% in the 4th quarter. BlackRock Inc. now owns 25,795,326 shares of the company’s stock worth $3,112,464,000 after acquiring an additional 1,212,672 shares in the last quarter. Institutional investors own 74.48% of the company’s stock.

Shares of Kimberly Clark Corp (NYSE:KMB) opened at $107.48 on Friday. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89. The stock has a market cap of $38,619.78, a PE ratio of 16.77, a PEG ratio of 1.99 and a beta of 0.69. Kimberly Clark Corp has a 1-year low of $107.42 and a 1-year high of $134.29.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.03. The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.61 billion. Kimberly Clark had a net margin of 12.48% and a return on equity of 427.79%. The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.45 EPS. sell-side analysts forecast that Kimberly Clark Corp will post 7 earnings per share for the current year.

The business also recently declared 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. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Thursday, March 8th. This is an increase from Kimberly Clark’s previous quarterly dividend of $0.97. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.40%.

A number of analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 price objective for the company in a research note on Wednesday, January 10th. Citigroup set a $112.00 price objective on shares of Kimberly Clark and gave the company a “sell” rating in a research note on Wednesday, January 24th. 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, Barclays set a $119.00 price objective on shares of Kimberly Clark and gave the company a “hold” rating in a research note on Thursday, March 15th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. Kimberly Clark has a consensus rating of “Hold” and an average price target of $125.44.

In other news, insider Kimberly K. Underhill sold 23,158 shares of the firm’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the sale, the insider now owns 31,141 shares of the company’s stock, valued at approximately $3,729,757.57. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

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About Kimberly Clark

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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