Bfsg LLC Has $132,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Bfsg LLC reduced its holdings in Kimberly-Clark Co. (NYSE:KMB) by 16.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,008 shares of the company’s stock after selling 199 shares during the quarter. Bfsg LLC’s holdings in Kimberly-Clark were worth $132,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Creative Planning increased its position in Kimberly-Clark by 1.3% during the 3rd quarter. Creative Planning now owns 75,147 shares of the company’s stock valued at $10,692,000 after purchasing an additional 943 shares during the period. Foundations Investment Advisors LLC boosted its stake in shares of Kimberly-Clark by 7.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 7,643 shares of the company’s stock valued at $1,087,000 after purchasing an additional 520 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Kimberly-Clark by 7.8% during the third quarter. Sequoia Financial Advisors LLC now owns 49,232 shares of the company’s stock worth $7,005,000 after buying an additional 3,548 shares during the period. My Legacy Advisors LLC raised its stake in Kimberly-Clark by 4.6% during the third quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after buying an additional 76 shares during the last quarter. Finally, Eastern Bank lifted its holdings in Kimberly-Clark by 230.0% in the third quarter. Eastern Bank now owns 10,640 shares of the company’s stock valued at $1,514,000 after buying an additional 7,416 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 1.6 %

NYSE:KMB opened at $137.85 on Thursday. Kimberly-Clark Co. has a one year low of $118.62 and a one year high of $149.30. The company has a market cap of $45.72 billion, a PE ratio of 18.26, a PEG ratio of 4.25 and a beta of 0.41. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The firm has a 50-day moving average of $129.89 and a 200-day moving average of $136.45.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, equities research analysts expect that Kimberly-Clark Co. will post 7.51 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Friday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s dividend payout ratio is 64.64%.

Analyst Ratings Changes

A number of analysts have weighed in on KMB shares. Citigroup decreased their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. JPMorgan Chase & Co. decreased their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Wells Fargo & Company dropped their price target on 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. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $143.64.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Company 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.