Motco Reduces Holdings in Kimberly Clark Corp (NYSE:KMB)

Motco trimmed its position in shares of Kimberly Clark Corp (NYSE:KMB) by 17.5% in the 4th quarter, Holdings Channel reports. The firm owned 874 shares of the company’s stock after selling 186 shares during the period. Motco’s holdings in Kimberly Clark were worth $121,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Glassman Wealth Services boosted its stake in Kimberly Clark by 145.1% during the third quarter. Glassman Wealth Services now owns 174 shares of the company’s stock worth $25,000 after buying an additional 103 shares during the last quarter. John W. Brooker & Co. CPAs acquired a new position in Kimberly Clark during the 4th quarter worth about $25,000. Horan Capital Advisors LLC. acquired a new position in Kimberly Clark during the 3rd quarter worth about $28,000. 1 North Wealth Services LLC purchased a new stake in Kimberly Clark during the 3rd quarter worth about $31,000. Finally, Manchester Financial Inc. purchased a new stake in Kimberly Clark during the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 71.88% of the company’s stock.

In other news, SVP J. Scott Boston sold 24,802 shares of the stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $144.05, for a total value of $3,572,728.10. Following the transaction, the senior vice president now owns 20,933 shares in the company, valued at approximately $3,015,398.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Tristram Wilkinson sold 469 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $144.64, for a total value of $67,836.16. Following the completion of the transaction, the insider now owns 6,079 shares in the company, valued at approximately $879,266.56. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,941 shares of company stock worth $4,173,815. Company insiders own 0.85% of the company’s stock.

Several equities research analysts have weighed in on the company. Morgan Stanley upped their price target on Kimberly Clark from $139.00 to $140.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 21st. Royal Bank of Canada restated a “hold” rating and set a $129.00 price target on shares of Kimberly Clark in a report on Thursday, January 23rd. Citigroup upped their price target on Kimberly Clark from $123.00 to $135.00 and gave the stock a “sell” rating in a report on Friday, January 24th. Deutsche Bank upped their price target on Kimberly Clark from $126.00 to $132.00 and gave the stock a “hold” rating in a report on Friday, January 24th. Finally, ValuEngine upgraded Kimberly Clark from a “sell” rating to a “hold” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $142.64.

Shares of NYSE KMB opened at $145.56 on Friday. The stock’s 50-day moving average is $141.67 and its two-hundred day moving average is $137.77. The company has a debt-to-equity ratio of 32.03, a current ratio of 0.73 and a quick ratio of 0.47. Kimberly Clark Corp has a 1-year low of $114.62 and a 1-year high of $149.23. The company has a market cap of $49.62 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 3.91 and a beta of 0.47.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings results on Thursday, January 23rd. The company reported $1.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.70 by $0.01. Kimberly Clark had a return on equity of 3,809.60% and a net margin of 11.69%. The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter in the prior year, the business earned $1.60 EPS. Kimberly Clark’s revenue was up .3% on a year-over-year basis. Equities research analysts anticipate that Kimberly Clark Corp will post 7.26 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Friday, March 6th will be issued a $1.07 dividend. The ex-dividend date is Thursday, March 5th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.94%. This is an increase from Kimberly Clark’s previous quarterly dividend of $1.03. Kimberly Clark’s dividend payout ratio is presently 59.80%.

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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