Kimberly Clark Corp (KMB) Stake Boosted by Wrapmanager Inc.

Wrapmanager Inc. lifted its holdings in Kimberly Clark Corp (NYSE:KMB) by 25.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,782 shares of the company’s stock after purchasing an additional 1,792 shares during the period. Wrapmanager Inc.’s holdings in Kimberly Clark were worth $1,088,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc grew its position in shares of Kimberly Clark by 1.0% during the third quarter. Vanguard Group Inc now owns 26,068,811 shares of the company’s stock worth $2,962,461,000 after buying an additional 264,393 shares in the last quarter. DNB Asset Management AS lifted its holdings in Kimberly Clark by 20.5% during the 4th quarter. DNB Asset Management AS now owns 56,695 shares of the company’s stock worth $6,460,000 after buying an additional 9,662 shares during the last quarter. BKD Wealth Advisors LLC lifted its holdings in Kimberly Clark by 4.6% during the 4th quarter. BKD Wealth Advisors LLC now owns 4,917 shares of the company’s stock worth $560,000 after buying an additional 217 shares during the last quarter. Rockland Trust Co. lifted its holdings in Kimberly Clark by 8.5% during the 4th quarter. Rockland Trust Co. now owns 39,046 shares of the company’s stock worth $4,449,000 after buying an additional 3,064 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its holdings in Kimberly Clark by 78.3% during the 4th quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 18,508 shares of the company’s stock worth $2,109,000 after buying an additional 8,129 shares during the last quarter. Institutional investors and hedge funds own 73.60% of the company’s stock.

In related news, SVP Sandra Macquillan sold 6,774 shares of Kimberly Clark stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $124.87, for a total value of $845,869.38. Following the transaction, the senior vice president now directly owns 15,287 shares in the company, valued at approximately $1,908,887.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Thomas J. Falk sold 303,578 shares of Kimberly Clark stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $125.66, for a total value of $38,147,611.48. Following the completion of the transaction, the insider now owns 83,717 shares in the company, valued at $10,519,878.22. The disclosure for this sale can be found here. Insiders sold a total of 414,625 shares of company stock worth $52,290,397 over the last 90 days. Insiders own 0.85% of the company’s stock.

Shares of NYSE KMB traded up $0.40 during mid-day trading on Friday, reaching $129.12. The company had a trading volume of 13,911 shares, compared to its average volume of 1,818,438. The company has a quick ratio of 0.47, a current ratio of 0.73 and a debt-to-equity ratio of 51.24. The stock has a market capitalization of $44.24 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 3.75 and a beta of 0.61. Kimberly Clark Corp has a 1-year low of $99.36 and a 1-year high of $132.47.

Kimberly Clark (NYSE:KMB) last issued its earnings results on Monday, April 22nd. The company reported $1.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.12. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.55 billion. Kimberly Clark had a return on equity of 5,637.04% and a net margin of 9.63%. The company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.71 EPS. As a group, analysts anticipate that Kimberly Clark Corp will post 6.66 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Thursday, June 6th. Kimberly Clark’s payout ratio is 62.33%.

KMB has been the topic of several recent analyst reports. ValuEngine raised Kimberly Clark from a “hold” rating to a “buy” rating in a research note on Monday. Zacks Investment Research raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $141.00 target price on the stock in a research note on Thursday, April 25th. Citigroup lifted their target price on Kimberly Clark from $102.00 to $116.00 and gave the company a “sell” rating in a research note on Tuesday, April 23rd. Argus raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a research note on Tuesday, April 23rd. Finally, Macquarie raised Kimberly Clark from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $102.00 to $142.00 in a research note on Tuesday, April 23rd. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. Kimberly Clark has a consensus rating of “Hold” and an average price target of $120.24.

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Kimberly Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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