Bollard Group LLC reduced its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,864 shares of the company’s stock after selling 994 shares during the quarter. Bollard Group LLC’s holdings in Kimberly Clark were worth $2,830,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KMB. Gables Capital Management Inc. acquired a new stake in Kimberly Clark in the first quarter valued at about $115,000. Centerpoint Advisors LLC raised its position in Kimberly Clark by 999.0% in the first quarter. Centerpoint Advisors LLC now owns 1,099 shares of the company’s stock valued at $121,000 after purchasing an additional 999 shares during the last quarter. Lee Financial Co raised its position in Kimberly Clark by 313.8% in the first quarter. Lee Financial Co now owns 1,167 shares of the company’s stock valued at $128,000 after purchasing an additional 885 shares during the last quarter. Stelac Advisory Services LLC bought a new position in Kimberly Clark in the first quarter valued at about $152,000. Finally, Shamrock Asset Management LLC raised its position in Kimberly Clark by 44.1% in the first quarter. Shamrock Asset Management LLC now owns 1,598 shares of the company’s stock valued at $167,000 after purchasing an additional 489 shares during the last quarter. 74.50% of the stock is currently owned by institutional investors.

In other news, SVP Jeffrey P. Melucci sold 330 shares of the firm’s stock in a transaction dated Tuesday, May 29th. The stock was sold at an average price of $105.97, for a total transaction of $34,970.10. Following the completion of the transaction, the senior vice president now directly owns 5,132 shares in the company, valued at $543,838.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Aaron Powell sold 1,100 shares of the firm’s stock in a transaction that occurred on Wednesday, July 25th. The stock was sold at an average price of $105.96, for a total value of $116,556.00. Following the sale, the insider now directly owns 1,117 shares of the company’s stock, valued at approximately $118,357.32. The disclosure for this sale can be found here. Insiders have sold 7,875 shares of company stock valued at $907,782 over the last 90 days. 0.64% of the stock is owned by corporate insiders.

Several equities analysts have commented on the company. Zacks Investment Research downgraded Kimberly Clark from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. ValuEngine upgraded Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Deutsche Bank increased their target price on Kimberly Clark from $103.00 to $108.00 and gave the company a “hold” rating in a research report on Thursday, August 16th. UBS Group assumed coverage on Kimberly Clark in a research report on Thursday, July 19th. They issued a “sell” rating and a $90.00 target price for the company. Finally, Societe Generale downgraded Kimberly Clark from a “buy” rating to a “hold” rating and dropped their target price for the company from $124.00 to $116.00 in a research report on Wednesday, August 15th. Three research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. Kimberly Clark presently has a consensus rating of “Hold” and an average price target of $107.00.

Shares of KMB opened at $116.34 on Friday. Kimberly Clark Corp has a 1 year low of $97.10 and a 1 year high of $124.15. The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 32.28. The stock has a market cap of $40.66 billion, a PE ratio of 18.67, a P/E/G ratio of 2.51 and a beta of 0.72.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, July 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.02. Kimberly Clark had a return on equity of 432.18% and a net margin of 9.33%. The company had revenue of $4.60 billion during the quarter, compared to the consensus estimate of $4.60 billion. During the same period last year, the company earned $1.49 earnings per share. The firm’s revenue was up .6% compared to the same quarter last year. research analysts anticipate that Kimberly Clark Corp will post 6.69 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 2nd. Stockholders of record on Friday, September 7th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.44%. Kimberly Clark’s dividend payout ratio (DPR) is 64.21%.

About Kimberly Clark

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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