Kimberly-Clark Co. (NYSE:KMB) Shares Bought by apricus wealth LLC

apricus wealth LLC lifted its position in Kimberly-Clark Co. (NYSE:KMB) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,996 shares of the company’s stock after acquiring an additional 600 shares during the quarter. apricus wealth LLC’s holdings in Kimberly-Clark were worth $917,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in KMB. Wesbanco Bank Inc. lifted its holdings in shares of Kimberly-Clark by 0.9% in the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock worth $1,101,000 after purchasing an additional 71 shares during the last quarter. My Legacy Advisors LLC lifted its holdings in shares of Kimberly-Clark by 4.6% in the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after purchasing an additional 76 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock worth $759,000 after purchasing an additional 77 shares during the last quarter. Graypoint LLC lifted its holdings in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after purchasing an additional 78 shares during the last quarter. Finally, Truvestments Capital LLC lifted its holdings in shares of Kimberly-Clark by 2.7% in the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock worth $424,000 after purchasing an additional 78 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of NYSE KMB opened at $128.40 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The stock has a market capitalization of $42.82 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 3.53 and a beta of 0.41. The stock’s fifty day simple moving average is $131.96 and its 200 day simple moving average is $137.67. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.14. The business had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. Kimberly-Clark’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.74 earnings per share. As a group, sell-side analysts forecast that Kimberly-Clark Co. will post 7.32 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.80%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Wall Street Analyst Weigh In

KMB has been the topic of several recent research reports. UBS Group cut their price target on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft lifted their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Citigroup cut their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. JPMorgan Chase & Co. cut their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research note on Friday. Two equities research 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $143.71.

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.