Taylor Hoffman Wealth Management reduced its stake in Kimberly Clark Corp (NYSE:KMB) by 12.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,849 shares of the company’s stock after selling 400 shares during the quarter. Taylor Hoffman Wealth Management’s holdings in Kimberly Clark were worth $318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Kimberly Clark by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after purchasing an additional 264,393 shares during the last quarter. Vanguard Group Inc lifted its holdings in Kimberly Clark by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after purchasing an additional 264,393 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Kimberly Clark by 6.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,135,206 shares of the company’s stock worth $583,564,000 after purchasing an additional 325,606 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Kimberly Clark by 10.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,844,101 shares of the company’s stock worth $550,483,000 after purchasing an additional 477,773 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in Kimberly Clark by 50.8% in the 3rd quarter. Morgan Stanley now owns 4,738,469 shares of the company’s stock worth $538,482,000 after purchasing an additional 1,595,818 shares during the last quarter. Hedge funds and other institutional investors own 73.58% of the company’s stock.

In other Kimberly Clark news, SVP Jeffrey P. Melucci sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $111.18, for a total value of $111,180.00. Following the sale, the senior vice president now directly owns 4,132 shares in the company, valued at $459,395.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Michael T. Azbell sold 13,565 shares of the company’s stock in a transaction on Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total value of $1,559,975.00. Following the completion of the sale, the vice president now owns 6,432 shares in the company, valued at $739,680. The disclosure for this sale can be found here. Corporate insiders own 0.64% of the company’s stock.

Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered Kimberly Clark from a “buy” rating to a “hold” rating in a report on Tuesday, January 15th. Barclays reiterated a “hold” rating and set a $109.00 price target on shares of Kimberly Clark in a report on Friday, January 25th. Wells Fargo & Co reiterated a “hold” rating and set a $105.00 price target on shares of Kimberly Clark in a report on Wednesday, January 23rd. ValuEngine upgraded Kimberly Clark from a “hold” rating to a “buy” rating in a report on Friday, December 21st. Finally, Citigroup upped their price target on Kimberly Clark from $93.00 to $95.00 and gave the stock a “sell” rating in a report on Wednesday, October 24th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $110.00.

Shares of KMB stock traded up $0.32 during trading hours on Monday, reaching $116.01. 16,819 shares of the company’s stock were exchanged, compared to its average volume of 2,549,914. Kimberly Clark Corp has a fifty-two week low of $97.10 and a fifty-two week high of $120.48. The firm has a market cap of $39.97 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 3.20 and a beta of 0.57. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 51.24.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Wednesday, January 23rd. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.68 by ($0.08). The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.47 billion. Kimberly Clark had a net margin of 7.63% and a return on equity of 1,156.45%. The business’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 earnings per share. As a group, equities analysts predict that Kimberly Clark Corp will post 6.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Investors of record on Friday, March 8th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.55%. This is a positive change from Kimberly Clark’s previous quarterly dividend of $1.00. The ex-dividend date is Thursday, March 7th. Kimberly Clark’s dividend payout ratio is presently 60.51%.

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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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