OmniStar Financial Group Inc. Sells 1,933 Shares of Kimberly-Clark Co. (NYSE:KMB)

OmniStar Financial Group Inc. lowered its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 13.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,228 shares of the company’s stock after selling 1,933 shares during the quarter. Kimberly-Clark makes up approximately 1.9% of OmniStar Financial Group Inc.’s holdings, making the stock its 11th biggest holding. OmniStar Financial Group Inc.’s holdings in Kimberly-Clark were worth $1,486,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Chapin Davis Inc. grew its position in shares of Kimberly-Clark by 2.9% during the 2nd quarter. Chapin Davis Inc. now owns 2,984 shares of the company’s stock worth $412,000 after buying an additional 85 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in Kimberly-Clark by 1.8% during the second quarter. Jaffetilchin Investment Partners LLC now owns 4,750 shares of the company’s stock valued at $656,000 after purchasing an additional 85 shares during the period. Arcus Capital Partners LLC grew its holdings in Kimberly-Clark by 3.8% during the third quarter. Arcus Capital Partners LLC now owns 2,341 shares of the company’s stock valued at $283,000 after purchasing an additional 86 shares during the period. Elevated Capital Advisors LLC grew its holdings in Kimberly-Clark by 0.9% during the second quarter. Elevated Capital Advisors LLC now owns 9,818 shares of the company’s stock valued at $1,355,000 after purchasing an additional 89 shares during the period. Finally, Aaron Wealth Advisors LLC grew its holdings in Kimberly-Clark by 1.5% during the third quarter. Aaron Wealth Advisors LLC now owns 6,325 shares of the company’s stock valued at $764,000 after purchasing an additional 91 shares during the period. Institutional investors own 76.29% of the company’s stock.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the business’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 completion of the sale, the insider now owns 17,229 shares in the company, valued at $2,084,709. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Tristram Wilkinson sold 3,720 shares of the company’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 transaction of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares in the company, valued at $2,084,709. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Mark T. Smucker bought 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, with a total value of $100,050.46. Following the acquisition, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by insiders.

Kimberly-Clark Price Performance

KMB stock traded up $0.91 during mid-day trading on Tuesday, reaching $126.09. 2,044,333 shares of the company traded hands, compared to its average volume of 2,106,291. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. The company has a market capitalization of $42.48 billion, a P/E ratio of 24.25, a P/E/G ratio of 3.93 and a beta of 0.40. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.87. The company has a fifty day moving average price of $122.35 and a 200-day moving average price of $121.96.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.02). Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The business had revenue of $5 billion for the quarter, compared to analysts’ expectations of $4.99 billion. During the same period in the previous year, the firm posted $1.54 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. As a group, analysts anticipate that Kimberly-Clark Co. will post 6.83 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th will be paid a $1.22 dividend. The ex-dividend date is Thursday, March 7th. This represents a $4.88 annualized dividend and a yield of 3.87%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio is currently 93.85%.

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.