M&R Capital Management Inc. Reduces Position in Kimberly-Clark Co. (NYSE:KMB)

M&R Capital Management Inc. lessened its stake in shares of Kimberly-Clark Co. (NYSE:KMB – Get Rating) by 74.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 225 shares of the company’s stock after selling 650 shares during the quarter. M&R Capital Management Inc.’s holdings in Kimberly-Clark were worth $31,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Los Angeles Capital Management LLC boosted its stake in shares of Kimberly-Clark by 97.1% during the third quarter. Los Angeles Capital Management LLC now owns 3,707 shares of the company’s stock valued at $417,000 after purchasing an additional 1,826 shares during the period. LVM Capital Management Ltd. MI lifted its stake in Kimberly-Clark by 7.6% in the third quarter. LVM Capital Management Ltd. MI now owns 2,259 shares of the company’s stock worth $254,000 after acquiring an additional 160 shares during the period. CBOE Vest Financial LLC lifted its stake in Kimberly-Clark by 0.6% in the third quarter. CBOE Vest Financial LLC now owns 68,578 shares of the company’s stock worth $7,718,000 after acquiring an additional 440 shares during the period. Stock Yards Bank & Trust Co. lifted its stake in Kimberly-Clark by 94.8% in the second quarter. Stock Yards Bank & Trust Co. now owns 14,094 shares of the company’s stock worth $1,905,000 after acquiring an additional 6,860 shares during the period. Finally, Wealthspire Advisors LLC lifted its stake in Kimberly-Clark by 7.3% in the third quarter. Wealthspire Advisors LLC now owns 10,019 shares of the company’s stock worth $1,128,000 after acquiring an additional 685 shares during the period. Hedge funds and other institutional investors own 74.16% of the company’s stock.

Kimberly-Clark Price Performance

Shares of NYSE:KMB opened at $125.37 on Friday. Kimberly-Clark Co. has a 1-year low of $108.74 and a 1-year high of $144.53. The company has a debt-to-equity ratio of 10.83, a current ratio of 0.78 and a quick ratio of 0.47. The business has a fifty day moving average price of $129.31 and a 200-day moving average price of $127.57. The company has a market capitalization of $42.31 billion, a PE ratio of 21.92, a PEG ratio of 2.17 and a beta of 0.39.

Kimberly-Clark (NYSE:KMB – Get Rating) last issued its quarterly earnings results on Wednesday, January 25th. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.03. Kimberly-Clark had a return on equity of 264.67% and a net margin of 9.59%. The firm had revenue of $4.96 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the company earned $1.30 earnings per share. The company’s revenue was up .0% on a year-over-year basis. As a group, equities analysts expect that Kimberly-Clark Co. will post 5.92 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th. Stockholders of record on Friday, March 10th will be issued a dividend of $1.18 per share. The ex-dividend date of this dividend is Thursday, March 9th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.16. This represents a $4.72 annualized dividend and a dividend yield of 3.76%. Kimberly-Clark’s dividend payout ratio (DPR) is presently 82.52%.

Analyst Ratings Changes

A number of analysts recently commented on the company. JPMorgan Chase & Co. raised their price target on Kimberly-Clark from $124.00 to $125.00 and gave the stock an “underweight” rating in a research note on Thursday, January 26th. StockNews.com assumed coverage on Kimberly-Clark in a research note on Thursday. They issued a “hold” rating for the company. Barclays dropped their price target on Kimberly-Clark from $146.00 to $126.00 and set an “equal weight” rating for the company in a research note on Friday, January 27th. Wells Fargo & Company dropped their price target on Kimberly-Clark from $135.00 to $125.00 and set an “equal weight” rating for the company in a research note on Thursday, January 26th. Finally, Jefferies Financial Group downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and increased their price objective for the stock from $137.00 to $139.00 in a report on Wednesday, January 4th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and an average price target of $128.00.

Kimberly-Clark Company Profile

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Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.