Tucker Asset Management LLC Decreases Position in Kimberly-Clark Co. (NYSE:KMB)

Tucker Asset Management LLC decreased its stake in Kimberly-Clark Co. (NYSE:KMB) by 19.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,366 shares of the company’s stock after selling 339 shares during the quarter. Tucker Asset Management LLC’s holdings in Kimberly-Clark were worth $179,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of KMB. Marshall Investment Management LLC purchased a new position in Kimberly-Clark during the fourth quarter worth $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Kimberly-Clark during the 4th quarter worth about $25,000. Roxbury Financial LLC bought a new position in Kimberly-Clark during the 4th quarter valued at about $33,000. Golden State Wealth Management LLC purchased a new stake in Kimberly-Clark in the 4th quarter worth about $32,000. Finally, Synergy Asset Management LLC bought a new stake in Kimberly-Clark in the fourth quarter worth about $35,000. Institutional investors own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 2,500 shares of the stock in a transaction that occurred on 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 transaction, the vice president now directly owns 2,553 shares of the company’s stock, valued at $357,420. This trade represents a 49.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.64% of the stock is currently owned by corporate insiders.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $140.73 on Friday. The company has a market cap of $46.67 billion, a P/E ratio of 18.64, a PEG ratio of 4.46 and a beta of 0.36. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The stock’s 50-day moving average is $136.12 and its 200 day moving average is $136.05. Kimberly-Clark Co. has a 1-year low of $123.84 and a 1-year high of $150.45.

Kimberly-Clark (NYSE:KMB) last issued 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 net margin of 12.69% and a return on equity of 201.43%. Research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a yield of 3.58%. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s payout ratio is 66.75%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Barclays increased their price target on Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research note on Wednesday, January 8th. JPMorgan Chase & Co. lowered their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Finally, Wells Fargo & Company boosted their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $144.85.

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.