Holowesko Partners Ltd. Purchases New Holdings in Kimberly-Clark Co. (NYSE:KMB)

Holowesko Partners Ltd. acquired a new position in shares of Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 153,400 shares of the company’s stock, valued at approximately $20,102,000. Kimberly-Clark accounts for about 9.2% of Holowesko Partners Ltd.’s portfolio, making the stock its 4th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Confluence Wealth Services Inc. raised its stake in shares of Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock worth $208,000 after buying an additional 80 shares in the last quarter. YHB Investment Advisors Inc. boosted its position in shares of Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after purchasing an additional 83 shares in the last quarter. Ascent Wealth Partners LLC boosted its position in shares of Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock worth $1,221,000 after purchasing an additional 90 shares in the last quarter. Silver Lake Advisory LLC lifted its stake in shares of Kimberly-Clark by 0.8% in the fourth quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company’s stock valued at $1,559,000 after purchasing an additional 95 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Kimberly-Clark by 5.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,727 shares of the company’s stock worth $226,000 after buying an additional 96 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Kimberly-Clark Trading Up 0.1 %

Shares of Kimberly-Clark stock opened at $140.73 on Friday. The firm has a market cap of $46.67 billion, a PE ratio of 18.64, a P/E/G ratio of 4.46 and a beta of 0.36. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a fifty-two week low of $123.84 and a fifty-two week high of $150.45. The business’s fifty day moving average is $136.12 and its two-hundred day moving average is $135.98.

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

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a dividend of $1.26 per share. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.58%. Kimberly-Clark’s dividend payout ratio is 66.75%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KMB shares. UBS Group lifted their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Barclays boosted their target price on Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Finally, Citigroup cut their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and an average price target of $144.85.

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.