Fifth Third Wealth Advisors LLC Acquires 206 Shares of Kimberly-Clark Co. (NYSE:KMB)

Fifth Third Wealth Advisors LLC lifted its stake in Kimberly-Clark Co. (NYSE:KMB) by 4.5% during the fourth quarter, HoldingsChannel reports. The firm owned 4,801 shares of the company’s stock after purchasing an additional 206 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $629,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Pensionfund Sabic grew its stake in Kimberly-Clark by 45.5% in the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock worth $1,677,000 after acquiring an additional 4,000 shares in the last quarter. Barclays PLC grew its stake in Kimberly-Clark by 19.4% in the third quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock worth $239,267,000 after purchasing an additional 273,813 shares in the last quarter. Vest Financial LLC increased its holdings in Kimberly-Clark by 6.5% during the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock worth $49,409,000 after purchasing an additional 21,339 shares during the period. West Oak Capital LLC raised its position in Kimberly-Clark by 20,377.6% during the 4th quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock valued at $4,428,000 after purchasing an additional 33,623 shares in the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in shares of Kimberly-Clark by 20.0% in the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after buying an additional 466 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.62% of the stock is currently owned by insiders.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $126.66 on Friday. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The company has a market cap of $42.24 billion, a PE ratio of 16.43, a P/E/G ratio of 2.69 and a beta of 0.41. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The business has a 50-day simple moving average of $132.64 and a two-hundred day simple moving average of $138.13.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same period last year, the business earned $1.74 EPS. Kimberly-Clark’s revenue for the quarter was down 3.5% on a year-over-year basis. As a group, equities analysts expect that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s payout ratio is 63.29%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price target 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 reduced their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday. Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. 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 report on Thursday. Finally, Barclays upped their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $144.57.

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.