Peoples Bank KS Has $318,000 Stake in Kimberly-Clark Co. (NYSE:KMB)

Peoples Bank KS grew its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 24.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,427 shares of the company’s stock after acquiring an additional 480 shares during the period. Peoples Bank KS’s holdings in Kimberly-Clark were worth $318,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. William B. Walkup & Associates Inc. acquired a new stake in Kimberly-Clark during the second quarter worth approximately $26,000. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark during the 3rd quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. grew its position in shares of Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after buying an additional 202 shares during the period. Kennebec Savings Bank bought a new stake in shares of Kimberly-Clark in the 3rd quarter valued at $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of Kimberly-Clark during the 3rd quarter valued at $39,000. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Stock Up 0.8 %

Kimberly-Clark stock opened at $127.14 on Wednesday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The stock has a market cap of $42.40 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The firm’s 50-day simple moving average is $133.61 and its 200 day simple moving average is $138.68.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same period in the prior year, the company posted $1.74 earnings per share. Kimberly-Clark’s quarterly revenue was down 3.5% on a year-over-year basis. Research analysts predict that Kimberly-Clark Co. will post 7.27 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. Investors of record on Friday, December 6th were issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

Wall Street Analyst Weigh In

A number of research firms have commented on KMB. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. JPMorgan Chase & Co. decreased their target price on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Wednesday, October 23rd. Wells Fargo & Company dropped their price target on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Finally, Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $148.71.

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.