Kimberly-Clark Co. (NYSE:KMB) Stock Holdings Lifted by HUB Investment Partners LLC

HUB Investment Partners LLC boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 32.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,112 shares of the company’s stock after purchasing an additional 1,993 shares during the quarter. HUB Investment Partners LLC’s holdings in Kimberly-Clark were worth $1,063,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in Kimberly-Clark in the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Kimberly-Clark in the 4th quarter valued at about $25,000. Darwin Wealth Management LLC bought a new stake in Kimberly-Clark in the 3rd quarter valued at about $29,000. Roxbury Financial LLC bought a new stake in Kimberly-Clark in the 4th quarter valued at about $33,000. Finally, Golden State Wealth Management LLC bought a new stake in Kimberly-Clark in the 4th quarter valued at about $32,000. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Stock Performance

Shares of KMB opened at $139.05 on Friday. The firm’s 50 day moving average is $134.56 and its 200-day moving average is $136.38. The stock has a market capitalization of $46.12 billion, a P/E ratio of 18.42, a P/E/G 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. Kimberly-Clark Co. has a 12-month low of $123.02 and a 12-month high of $150.45.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Equities research analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a $1.26 dividend. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 66.75%.

Wall Street Analysts Forecast Growth

KMB has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. TD Cowen cut shares of 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. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Citigroup lowered their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $143.64.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares of the company’s stock, valued at $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.64% of the stock is currently owned by insiders.

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.