Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Bartlett & CO. Wealth Management LLC

Bartlett & CO. Wealth Management LLC trimmed its position in Kimberly-Clark Co. (NYSE:KMB) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 28,527 shares of the company’s stock after selling 874 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Kimberly-Clark were worth $3,774,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Advisory Alpha LLC lifted its stake in shares of Kimberly-Clark by 9.9% in the fourth quarter. Advisory Alpha LLC now owns 2,087 shares of the company’s stock worth $274,000 after buying an additional 188 shares in the last quarter. Eads & Heald Wealth Management lifted its stake in Kimberly-Clark by 7.5% in the 4th quarter. Eads & Heald Wealth Management now owns 5,739 shares of the company’s stock worth $752,000 after purchasing an additional 402 shares in the last quarter. Simon Quick Advisors LLC lifted its stake in Kimberly-Clark by 183.4% in the 4th quarter. Simon Quick Advisors LLC now owns 4,313 shares of the company’s stock worth $565,000 after purchasing an additional 2,791 shares in the last quarter. MCF Advisors LLC grew its position in shares of Kimberly-Clark by 2.1% in the fourth quarter. MCF Advisors LLC now owns 4,718 shares of the company’s stock valued at $623,000 after purchasing an additional 99 shares in the last quarter. Finally, Aspire Private Capital LLC increased its holdings in shares of Kimberly-Clark by 3.7% in the fourth quarter. Aspire Private Capital LLC now owns 5,991 shares of the company’s stock valued at $785,000 after purchasing an additional 215 shares during the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 0.8 %

NYSE KMB opened at $127.13 on Friday. Kimberly-Clark Co. has a one year low of $117.67 and a one year high of $149.30. The firm has a 50 day simple moving average of $132.05 and a 200-day simple moving average of $137.75. The firm has a market cap of $42.39 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 3.54 and a beta of 0.41. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. The business had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.74 earnings per share. Equities research analysts anticipate that Kimberly-Clark Co. will post 7.32 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KMB. TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a report on Wednesday, January 8th. Citigroup cut their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. Barclays decreased their target price on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. decreased their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus target price of $143.71.

About Kimberly-Clark

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.