Nwam LLC Sells 927 Shares of Kimberly-Clark Co. (NYSE:KMB)

Nwam LLC reduced its position in Kimberly-Clark Co. (NYSE:KMB) by 12.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,309 shares of the company’s stock after selling 927 shares during the quarter. Nwam LLC’s holdings in Kimberly-Clark were worth $827,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KMB. Thompson Siegel & Walmsley LLC boosted its stake in shares of Kimberly-Clark by 1.5% during the third quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after purchasing an additional 77 shares during the period. Graypoint LLC boosted its stake in shares of Kimberly-Clark by 1.5% during the third quarter. Graypoint LLC now owns 5,315 shares of the company’s stock valued at $756,000 after purchasing an additional 78 shares during the period. Truvestments Capital LLC boosted its stake in shares of Kimberly-Clark by 2.7% during the third quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock valued at $424,000 after purchasing an additional 78 shares during the period. Confluence Wealth Services Inc. boosted its stake in shares of Kimberly-Clark by 5.1% during the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock valued at $208,000 after purchasing an additional 80 shares during the period. Finally, YHB Investment Advisors Inc. boosted its stake in shares of Kimberly-Clark by 3.4% during the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock valued at $330,000 after purchasing an additional 83 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $140.00, for a total transaction of $350,000.00. Following the completion of the transaction, the vice president now directly owns 2,553 shares in the company, valued at $357,420. This trade represents a 49.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

KMB opened at $142.00 on Friday. The stock has a fifty day simple moving average of $131.31 and a two-hundred day simple moving average of $136.53. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company has a market cap of $47.10 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 4.46 and a beta of 0.41. Kimberly-Clark Co. has a 12-month low of $121.00 and a 12-month high of $149.31.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a dividend of $1.26 per share. The ex-dividend date is Friday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.55%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 66.75%.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of analyst reports. Barclays dropped their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. StockNews.com lowered Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Saturday, February 15th. Wells Fargo & Company decreased their target price on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. UBS Group upped their target price on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $143.64.

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.