Signaturefd LLC Reduces Holdings in Kimberly-Clark Co. (NYSE:KMB)

Signaturefd LLC decreased its position in Kimberly-Clark Co. (NYSE:KMB) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,998 shares of the company’s stock after selling 219 shares during the period. Signaturefd LLC’s holdings in Kimberly-Clark were worth $1,441,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $25,000. Marshall Investment Management LLC acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the 3rd quarter worth approximately $29,000. Golden State Wealth Management LLC acquired a new stake in Kimberly-Clark during the 4th quarter worth approximately $32,000. Finally, Strategic Financial Concepts LLC acquired a new stake in Kimberly-Clark during the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.3 %

KMB stock opened at $139.45 on Wednesday. Kimberly-Clark Co. has a one year low of $123.02 and a one year high of $150.45. The stock has a market capitalization of $46.25 billion, a PE ratio of 18.47, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The company has a fifty day moving average of $134.05 and a 200-day moving average of $136.34.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a $1.26 dividend. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.61%. Kimberly-Clark’s dividend payout ratio (DPR) is 66.75%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays reduced 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. JPMorgan Chase & Co. reduced their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a report on Friday, January 24th. Wells Fargo & Company reduced their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $143.64.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the sale, the vice president now 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 document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark 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.