Murphy Pohlad Asset Management LLC increased its position in shares of Kimberly Clark Corp (NYSE:KMB) by 11.2% during the fourth quarter, Holdings Channel reports. The fund owned 11,965 shares of the company’s stock after acquiring an additional 1,205 shares during the quarter. Murphy Pohlad Asset Management LLC’s holdings in Kimberly Clark were worth $1,443,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. San Francisco Sentry Investment Group CA boosted its position in Kimberly Clark by 2,385.0% during the third quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock worth $117,000 after acquiring an additional 954 shares during the last quarter. Heritage Trust Co boosted its position in Kimberly Clark by 11.2% during the second quarter. Heritage Trust Co now owns 995 shares of the company’s stock worth $128,000 after acquiring an additional 100 shares during the last quarter. Shamrock Asset Management LLC boosted its position in Kimberly Clark by 220.5% during the fourth quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock worth $134,000 after acquiring an additional 763 shares during the last quarter. Mosaic Family Wealth LLC boosted its position in Kimberly Clark by 0.5% during the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after acquiring an additional 6 shares during the last quarter. Finally, Acrospire Investment Management LLC boosted its position in Kimberly Clark by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $155,000 after acquiring an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 71.82% of the company’s stock.

A number of analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Bank of America cut their price target on shares of Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 24th. Citigroup downgraded shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target on the stock. in a research note on Monday, December 11th. 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 target on the stock. Finally, Wells Fargo & Co cut their price target on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating on the stock in a research note on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $126.44.

In other news, insider Kimberly K. Underhill sold 23,158 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $119.77, for a total value of $2,773,633.66. Following the transaction, 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.

Kimberly Clark Corp (KMB) opened at $111.44 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 firm has a market cap of $39,170.39, a P/E ratio of 17.93, a price-to-earnings-growth ratio of 2.02 and a beta of 0.66. Kimberly Clark Corp has a one year low of $109.51 and a one year high of $136.21.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.03. Kimberly Clark had a net margin of 12.48% and a return on equity of 427.79%. The business had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.61 billion. During the same quarter last year, the firm posted $1.45 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. equities analysts expect that Kimberly Clark Corp will post 6.98 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Friday, March 9th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date 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 currently 60.53%.

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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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