Dynamic Advisor Solutions LLC Lowers Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Dynamic Advisor Solutions LLC trimmed its stake in Kimberly-Clark Co. (NYSE:KMB) by 4.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,678 shares of the company’s stock after selling 300 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Kimberly-Clark were worth $875,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. apricus wealth LLC increased its holdings in shares of Kimberly-Clark by 9.4% during the 4th quarter. apricus wealth LLC now owns 6,996 shares of the company’s stock worth $917,000 after buying an additional 600 shares during the last quarter. Impact Partnership Wealth LLC increased its stake in Kimberly-Clark by 8.0% during the fourth quarter. Impact Partnership Wealth LLC now owns 5,899 shares of the company’s stock worth $773,000 after acquiring an additional 437 shares during the last quarter. Southland Equity Partners LLC raised its holdings in shares of Kimberly-Clark by 15.0% in the 4th quarter. Southland Equity Partners LLC now owns 7,809 shares of the company’s stock worth $1,023,000 after purchasing an additional 1,016 shares during the period. Silver Lake Advisory LLC lifted its stake in shares of Kimberly-Clark by 0.8% in the 4th 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 in the last quarter. Finally, McGlone Suttner Wealth Management Inc. grew its holdings in shares of Kimberly-Clark by 131.4% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 6,956 shares of the company’s stock worth $911,000 after purchasing an additional 3,950 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction dated 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. The trade was a 37.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.62% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. decreased their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Citigroup cut their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. UBS Group decreased their target price on Kimberly-Clark from $151.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Finally, TD Cowen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $143.71.

Kimberly-Clark Price Performance

Shares of KMB stock opened at $128.40 on Monday. The firm has a fifty day moving average of $131.85 and a two-hundred day moving average of $137.59. The firm has a market cap of $42.82 billion, a P/E ratio of 16.65, a P/E/G ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were paid 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 yield of 3.80%. Kimberly-Clark’s dividend payout ratio (DPR) is 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.