900 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Kieckhefer Group LLC

Kieckhefer Group LLC bought a new stake in Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 900 shares of the company’s stock, valued at approximately $118,000.

A number of other institutional investors have also made changes to their positions in the business. Oppenheimer & Co. Inc. lifted its holdings in Kimberly-Clark by 2.2% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 19,231 shares of the company’s stock worth $2,658,000 after buying an additional 408 shares in the last quarter. Meeder Advisory Services Inc. increased its position in Kimberly-Clark by 44.2% in the second quarter. Meeder Advisory Services Inc. now owns 6,147 shares of the company’s stock worth $850,000 after purchasing an additional 1,884 shares during the period. Thoroughbred Financial Services LLC boosted its stake in shares of Kimberly-Clark by 94.7% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 6,516 shares of the company’s stock valued at $900,000 after purchasing an additional 3,169 shares during the last quarter. Wealthspire Advisors LLC raised its stake in shares of Kimberly-Clark by 5.0% during the second quarter. Wealthspire Advisors LLC now owns 6,245 shares of the company’s stock worth $863,000 after buying an additional 298 shares during the last quarter. Finally, Hoge Financial Services LLC boosted its stake in Kimberly-Clark by 21.4% in the second quarter. Hoge Financial Services LLC now owns 1,892 shares of the company’s stock valued at $261,000 after acquiring an additional 334 shares during the last quarter. 76.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Barclays lifted their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target on the stock. in a research report on Wednesday, January 8th. UBS Group decreased their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. reduced their target price on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus price target of $147.57.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’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 approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Up 0.1 %

KMB traded up $0.15 during trading on Monday, reaching $124.61. 598,455 shares of the stock were exchanged, compared to its average volume of 1,702,944. 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’s 50 day moving average price is $133.11 and its two-hundred day moving average price is $138.40. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The stock has a market cap of $41.56 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data 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 firm had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. During the same quarter in the prior year, the company earned $1.74 earnings per share. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Equities analysts expect that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were paid a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.92%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

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.