Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC raised its position in Kimberly-Clark Co. (NYSE:KMB) by 109.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,448 shares of the company’s stock after purchasing an additional 27,887 shares during the quarter. Royal Fund Management LLC’s holdings in Kimberly-Clark were worth $7,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pure Financial Advisors LLC purchased a new stake in shares of Kimberly-Clark in the 4th quarter valued at approximately $249,000. Zhang Financial LLC raised its stake in shares of Kimberly-Clark by 4.6% in the 4th quarter. Zhang Financial LLC now owns 3,967 shares of the company’s stock valued at $520,000 after acquiring an additional 175 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Kimberly-Clark by 5.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,727 shares of the company’s stock valued at $226,000 after acquiring an additional 96 shares during the period. FLC Capital Advisors raised its stake in shares of Kimberly-Clark by 4.8% in the 4th quarter. FLC Capital Advisors now owns 2,173 shares of the company’s stock valued at $285,000 after acquiring an additional 100 shares during the period. Finally, Strong Tower Advisory Services raised its stake in shares of Kimberly-Clark by 11.8% in the 4th quarter. Strong Tower Advisory Services now owns 14,227 shares of the company’s stock valued at $1,864,000 after acquiring an additional 1,499 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on KMB shares. 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 note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. JPMorgan Chase & Co. cut their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price 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 on the stock in a research note on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $143.71.

Kimberly-Clark Trading Up 0.5 %

Shares of Kimberly-Clark stock opened at $127.33 on Tuesday. The company has a fifty day simple moving average of $132.41 and a 200-day simple moving average of $137.98. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The stock has a market cap of $42.46 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 3.56 and a beta of 0.41.

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

Kimberly-Clark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s payout ratio is 63.29%.

Insider Buying and Selling

In related news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.62% of the stock is owned by company insiders.

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.