JGP Wealth Management LLC Has $1.57 Million Position in Kimberly-Clark Co. (NYSE:KMB)

JGP Wealth Management LLC lessened its position in Kimberly-Clark Co. (NYSE:KMB) by 3.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,925 shares of the company’s stock after selling 449 shares during the quarter. JGP Wealth Management LLC’s holdings in Kimberly-Clark were worth $1,571,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Chapin Davis Inc. increased its holdings in Kimberly-Clark by 2.9% in the 2nd quarter. Chapin Davis Inc. now owns 2,984 shares of the company’s stock worth $412,000 after purchasing an additional 85 shares in the last quarter. Jaffetilchin Investment Partners LLC increased its stake in shares of Kimberly-Clark by 1.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock valued at $656,000 after buying an additional 85 shares during the period. Arcus Capital Partners LLC increased its stake in shares of Kimberly-Clark by 3.8% in the third quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock valued at $283,000 after buying an additional 86 shares during the period. Elevated Capital Advisors LLC increased its stake in shares of Kimberly-Clark by 0.9% in the second quarter. Elevated Capital Advisors LLC now owns 9,818 shares of the company’s stock valued at $1,355,000 after buying an additional 89 shares during the period. Finally, Aaron Wealth Advisors LLC increased its stake in shares of Kimberly-Clark by 1.5% in the third quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock valued at $764,000 after buying an additional 91 shares during the period. Institutional investors and hedge funds own 74.38% of the company’s stock.

Kimberly-Clark Stock Down 0.2 %

NYSE:KMB traded down $0.24 on Monday, hitting $124.23. The stock had a trading volume of 2,153,073 shares, compared to its average volume of 2,144,502. The business’s fifty day moving average is $122.24 and its 200 day moving average is $122.04. The company has a market cap of $41.85 billion, a PE ratio of 23.89, a P/E/G ratio of 3.92 and a beta of 0.40. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $147.87.

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

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Thursday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio (DPR) is currently 93.85%.

Insider Activity

In other news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Kimberly-Clark news, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was bought at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now owns 827 shares of the company’s stock, valued at approximately $100,050.46. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 17,229 shares of the company’s stock, valued at $2,084,709. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on KMB shares. Bank of America cut Kimberly-Clark from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $135.00 to $115.00 in a research note on Friday, December 15th. The Goldman Sachs Group started coverage on Kimberly-Clark in a research note on Friday, March 1st. They issued a “buy” rating and a $135.00 price target for the company. Royal Bank of Canada decreased their price target on Kimberly-Clark from $125.00 to $123.00 and set a “sector perform” rating for the company in a research note on Thursday, January 25th. JPMorgan Chase & Co. raised their target price on Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a research note on Thursday, January 18th. Finally, Barclays decreased their target price on Kimberly-Clark from $128.00 to $124.00 and set an “equal weight” rating for the company in a research note on Friday, January 26th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and a consensus target price of $130.36.

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.