First National Bank & Trust Co. of Newtown Has $2.84 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

First National Bank & Trust Co. of Newtown lessened its stake in Kimberly-Clark Co. (NYSE:KMB) by 3.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,355 shares of the company’s stock after selling 740 shares during the quarter. Kimberly-Clark makes up approximately 0.6% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 23rd largest position. First National Bank & Trust Co. of Newtown’s holdings in Kimberly-Clark were worth $2,838,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC lifted its holdings in Kimberly-Clark by 204.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock valued at $2,500,000 after purchasing an additional 13,806 shares during the last quarter. PFG Investments LLC lifted its holdings in Kimberly-Clark by 11.2% during the 3rd quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock valued at $252,000 after purchasing an additional 209 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in Kimberly-Clark during the 4th quarter valued at $4,253,000. Rockline Wealth Management LLC acquired a new stake in Kimberly-Clark during the 4th quarter valued at $1,661,000. Finally, Nordea Investment Management AB lifted its holdings in shares of Kimberly-Clark by 28.3% during the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after buying an additional 368,505 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In related news, insider Tristram Wilkinson sold 3,720 shares of the firm’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the sale, the insider now owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark T. Smucker bought 827 shares of the business’s stock in a transaction on Monday, January 29th. The shares were bought at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is currently owned by company insiders.

Kimberly-Clark Price Performance

Shares of KMB stock traded up $0.40 during trading hours on Friday, reaching $126.01. The company’s stock had a trading volume of 969,358 shares, compared to its average volume of 2,101,197. The firm’s 50 day simple moving average is $124.12 and its 200-day simple moving average is $122.28. The company has a market capitalization of $42.45 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 3.75 and a beta of 0.40. Kimberly-Clark Co. has a fifty-two week low of $116.32 and a fifty-two week high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The business had revenue of $5 billion during the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.54 EPS. Sell-side analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Investors of record on Friday, March 8th were issued a dividend of $1.22 per share. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 annualized dividend and a dividend yield of 3.87%. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

Wall Street Analysts Forecast Growth

KMB has been the topic of several research reports. The Goldman Sachs Group initiated coverage on shares of Kimberly-Clark in a research note on Friday, March 1st. They issued a “buy” rating and a $135.00 price target on the stock. JPMorgan Chase & Co. increased their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the stock an “underweight” rating in a research report on Thursday, January 18th. Barclays raised their target price on shares of Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a report on Friday, April 12th. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a research note on Thursday, March 28th. Finally, StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, April 11th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $131.85.

Kimberly-Clark Company Profile

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.