Financial Management Professionals Inc. Acquires 351 Shares of Kimberly-Clark Co. (NYSE:KMB)

Financial Management Professionals Inc. lifted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 12.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,160 shares of the company’s stock after purchasing an additional 351 shares during the quarter. Financial Management Professionals Inc.’s holdings in Kimberly-Clark were worth $414,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC grew its stake in shares of Kimberly-Clark by 3.1% during the fourth quarter. Ameritas Advisory Services LLC now owns 8,303 shares of the company’s stock valued at $1,088,000 after purchasing an additional 248 shares during the last quarter. HB Wealth Management LLC lifted its holdings in Kimberly-Clark by 7.0% during the 4th quarter. HB Wealth Management LLC now owns 14,004 shares of the company’s stock worth $1,835,000 after buying an additional 920 shares in the last quarter. Trust Co. of Vermont increased its stake in shares of Kimberly-Clark by 2.9% in the 4th quarter. Trust Co. of Vermont now owns 14,275 shares of the company’s stock valued at $1,871,000 after buying an additional 406 shares during the period. Premier Path Wealth Partners LLC bought a new stake in shares of Kimberly-Clark during the fourth quarter worth $227,000. Finally, Integrated Investment Consultants LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter valued at $981,000. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the topic of several analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a report on Wednesday, October 23rd. UBS Group dropped their price objective on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday. Wells Fargo & Company decreased their target price on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Finally, TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $143.71.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is owned by company insiders.

Kimberly-Clark Stock Up 0.5 %

NYSE:KMB opened at $127.33 on Friday. The company has a market cap of $42.46 billion, a PE ratio of 16.51, a PEG ratio of 2.69 and a beta of 0.41. The stock has a 50-day simple moving average of $132.41 and a 200 day simple moving average of $137.98. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company earned $1.74 earnings per share. On average, sell-side analysts expect that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

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.