Kimberly-Clark Co. (NYSE:KMB) Stock Position Trimmed by TD Private Client Wealth LLC

TD Private Client Wealth LLC decreased its position in Kimberly-Clark Co. (NYSE:KMB) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,950 shares of the company’s stock after selling 461 shares during the period. TD Private Client Wealth LLC’s holdings in Kimberly-Clark were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in KMB. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Kimberly-Clark in the fourth quarter worth about $25,000. Marshall Investment Management LLC bought a new stake in Kimberly-Clark during the fourth quarter worth approximately $25,000. Golden State Wealth Management LLC acquired a new stake in Kimberly-Clark in the fourth quarter worth approximately $32,000. Strategic Financial Concepts LLC bought a new position in Kimberly-Clark during the 4th quarter valued at $33,000. Finally, Roxbury Financial LLC acquired a new position in shares of Kimberly-Clark during the 4th quarter valued at $33,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now owns 7,720 shares of the company’s stock, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by insiders.

Kimberly-Clark Trading Down 0.6 %

Kimberly-Clark stock opened at $138.31 on Monday. Kimberly-Clark Co. has a one year low of $123.84 and a one year high of $150.45. The company’s fifty day moving average price is $134.84 and its two-hundred day moving average price is $136.18. 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 company has a market capitalization of $45.87 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 4.46 and a beta of 0.36.

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

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.64%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is presently 66.75%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a report on Wednesday, January 8th. Citigroup cut their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a report on Wednesday, January 15th. Wells Fargo & Company reduced 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. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price 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.