Pacer Advisors Inc. Has $3.47 Million Holdings in Kimberly-Clark Corporation $KMB

Pacer Advisors Inc. trimmed its stake in Kimberly-Clark Corporation (NASDAQ:KMB) by 97.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,886 shares of the company’s stock after selling 1,288,090 shares during the period. Pacer Advisors Inc.’s holdings in Kimberly-Clark were worth $3,467,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Kimberly-Clark by 74.1% in the fourth quarter. Brighton Jones LLC now owns 6,494 shares of the company’s stock worth $851,000 after acquiring an additional 2,765 shares during the period. Vident Advisory LLC raised its holdings in Kimberly-Clark by 54.8% during the 1st quarter. Vident Advisory LLC now owns 15,896 shares of the company’s stock worth $2,261,000 after purchasing an additional 5,629 shares during the last quarter. Panagora Asset Management Inc. lifted its position in shares of Kimberly-Clark by 157.1% in the 1st quarter. Panagora Asset Management Inc. now owns 24,529 shares of the company’s stock worth $3,489,000 after purchasing an additional 14,990 shares during the period. Baird Financial Group Inc. boosted its stake in shares of Kimberly-Clark by 0.6% in the 1st quarter. Baird Financial Group Inc. now owns 114,150 shares of the company’s stock valued at $16,234,000 after purchasing an additional 682 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its stake in shares of Kimberly-Clark by 7.8% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 12,091 shares of the company’s stock valued at $1,720,000 after purchasing an additional 874 shares during the last quarter. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Price Performance

Shares of KMB opened at $101.57 on Wednesday. The business’s fifty day moving average is $105.94 and its 200 day moving average is $120.13. Kimberly-Clark Corporation has a 12-month low of $99.22 and a 12-month high of $150.45. The company has a quick ratio of 0.56, a current ratio of 0.77 and a debt-to-equity ratio of 4.41. The stock has a market cap of $33.71 billion, a P/E ratio of 17.19, a P/E/G ratio of 4.39 and a beta of 0.25.

Kimberly-Clark (NASDAQ:KMB) last released its quarterly earnings data on Thursday, October 30th. The company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.37. Kimberly-Clark had a net margin of 10.89% and a return on equity of 183.11%. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.14 billion. During the same quarter in the prior year, the company posted $1.83 earnings per share. The business’s revenue was up .1% on a year-over-year basis. Sell-side analysts anticipate that Kimberly-Clark Corporation will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 5th will be given a $1.26 dividend. The ex-dividend date of this dividend is Friday, December 5th. This represents a $5.04 annualized dividend and a yield of 5.0%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 85.28%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on KMB. Royal Bank Of Canada reissued an “overweight” rating and set a $162.00 target price on shares of Kimberly-Clark in a research note on Tuesday, October 28th. Citigroup decreased their price target on Kimberly-Clark from $100.00 to $95.00 and set a “sell” rating for the company in a report on Wednesday, December 17th. Cowen reissued a “hold” rating on shares of Kimberly-Clark in a research report on Tuesday, November 4th. UBS Group raised their target price on Kimberly-Clark from $130.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, BNP Paribas Exane lowered their target price on Kimberly-Clark from $127.00 to $110.00 and set a “neutral” rating for the company in a report on Monday, December 1st. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $124.62.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.