Kimberly Clark Corp (KMB) Position Boosted by Clear Perspective Advisors LLC

Clear Perspective Advisors LLC boosted its position in shares of Kimberly Clark Corp (NYSE:KMB) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,970 shares of the company’s stock after acquiring an additional 250 shares during the period. Clear Perspective Advisors LLC’s holdings in Kimberly Clark were worth $452,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Capital Investment Advisory Services LLC purchased a new position in Kimberly Clark during the fourth quarter valued at approximately $197,000. Transamerica Financial Advisors Inc. grew its stake in Kimberly Clark by 149.3% during the fourth quarter. Transamerica Financial Advisors Inc. now owns 526 shares of the company’s stock valued at $60,000 after acquiring an additional 315 shares in the last quarter. Mutual of Omaha Bank Wealth Management grew its stake in Kimberly Clark by 3.0% during the fourth quarter. Mutual of Omaha Bank Wealth Management now owns 10,760 shares of the company’s stock valued at $1,225,000 after acquiring an additional 310 shares in the last quarter. Aspiriant LLC grew its stake in Kimberly Clark by 4.9% during the fourth quarter. Aspiriant LLC now owns 1,952 shares of the company’s stock valued at $224,000 after acquiring an additional 92 shares in the last quarter. Finally, Roman Butler Fullerton & Co. purchased a new position in Kimberly Clark during the fourth quarter valued at approximately $347,000. 73.58% of the stock is owned by institutional investors.

In other news, VP Michael T. Azbell sold 13,565 shares of the company’s stock in a transaction on Tuesday, November 27th. The shares were sold at an average price of $115.00, for a total value of $1,559,975.00. Following the completion of the sale, the vice president now owns 6,432 shares of the company’s stock, valued at approximately $739,680. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony J. Palmer sold 6,122 shares of the company’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $115.11, for a total transaction of $704,703.42. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by corporate insiders.

A number of research firms have commented on KMB. Exane BNP Paribas began coverage on shares of Kimberly Clark in a research note on Tuesday. They issued an “outperform” rating and a $130.00 price target for the company. Morgan Stanley boosted their price target on shares of Kimberly Clark from $113.00 to $124.00 and gave the stock an “equal weight” rating in a research note on Tuesday. BNP Paribas began coverage on shares of Kimberly Clark in a research note on Monday. They issued an “outperform” rating and a $130.00 price target for the company. Barclays reissued a “hold” rating and issued a $109.00 price target on shares of Kimberly Clark in a research note on Friday, January 25th. Finally, Wells Fargo & Co reissued a “hold” rating and issued a $105.00 price target on shares of Kimberly Clark in a research note on Wednesday, January 23rd. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. Kimberly Clark has an average rating of “Hold” and a consensus target price of $113.19.

Shares of Kimberly Clark stock opened at $116.09 on Thursday. Kimberly Clark Corp has a 52-week low of $97.10 and a 52-week high of $120.48. The firm has a market capitalization of $39.97 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 3.20 and a beta of 0.57. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.77 and a quick ratio of 0.49.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings data on Wednesday, January 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.68 by ($0.08). Kimberly Clark had a net margin of 7.63% and a return on equity of 1,156.45%. The business had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.47 billion. During the same period last year, the company posted $1.57 EPS. Kimberly Clark’s revenue for the quarter was down .7% on a year-over-year basis. As a group, equities research analysts forecast that Kimberly Clark Corp will post 6.59 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th will be paid a $1.03 dividend. This is a boost from Kimberly Clark’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.55%. Kimberly Clark’s dividend payout ratio is 60.51%.

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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.

Further Reading: What is the Difference Between Common Shares and Convertible Shares?

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

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