Stifel Financial Corp Trims Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Stifel Financial Corp trimmed its position in Kimberly-Clark Co. (NYSE:KMBFree Report) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 879,480 shares of the company’s stock after selling 18,327 shares during the period. Stifel Financial Corp owned 0.26% of Kimberly-Clark worth $106,866,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KMB. Cranbrook Wealth Management LLC grew its stake in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of Kimberly-Clark during the fourth quarter valued at $35,000. Bruce G. Allen Investments LLC bought a new position in shares of Kimberly-Clark during the fourth quarter valued at $37,000. Northwest Financial Advisors bought a new position in shares of Kimberly-Clark during the fourth quarter valued at $40,000. Finally, Operose Advisors LLC lifted its holdings in shares of Kimberly-Clark by 122.5% during the third quarter. Operose Advisors LLC now owns 356 shares of the company’s stock valued at $43,000 after purchasing an additional 196 shares in the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. HSBC upped their price target on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. upped their price target on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday, April 24th. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their price target for the company from $133.00 to $150.00 in a report on Thursday, March 28th. Royal Bank of Canada upped their price target on Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a report on Wednesday, April 24th. Finally, UBS Group upped their price target on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $134.85.

Read Our Latest Research Report on Kimberly-Clark

Kimberly-Clark Stock Performance

Shares of KMB opened at $128.13 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. The business has a 50-day simple moving average of $130.97 and a two-hundred day simple moving average of $125.12. The stock has a market cap of $43.14 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 3.46 and a beta of 0.38. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $139.75.

Kimberly-Clark (NYSE:KMBGet Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.67 earnings per share. On average, analysts expect that Kimberly-Clark Co. will post 7.03 EPS for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 7th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark’s dividend payout ratio is currently 89.71%.

Insider Buying and Selling

In related news, insider Doug Cunningham sold 3,833 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $136.82, for a total transaction of $524,431.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Doug Cunningham sold 3,833 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $136.82, for a total transaction of $524,431.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $136.83, for a total value of $342,075.00. Following the completion of the sale, the vice president now directly owns 8,053 shares in the company, valued at approximately $1,101,891.99. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,395 shares of company stock worth $3,332,776. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Co. (NYSE:KMBFree Report).

Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

Receive News & Ratings for Kimberly-Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark and related companies with MarketBeat.com's FREE daily email newsletter.