LVM Capital Management Ltd. MI Acquires 504 Shares of Kimberly-Clark Co. (NYSE:KMB)

LVM Capital Management Ltd. MI lifted its stake in Kimberly-Clark Co. (NYSE:KMB) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,929 shares of the company’s stock after acquiring an additional 504 shares during the period. LVM Capital Management Ltd. MI’s holdings in Kimberly-Clark were worth $646,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Strategic Financial Concepts LLC bought a new stake in Kimberly-Clark during the second quarter valued at $32,000. Choreo LLC boosted its position in shares of Kimberly-Clark by 117.4% during the 2nd quarter. Choreo LLC now owns 9,198 shares of the company’s stock valued at $1,268,000 after acquiring an additional 4,967 shares during the last quarter. Royal London Asset Management Ltd. grew its holdings in shares of Kimberly-Clark by 5.3% during the second quarter. Royal London Asset Management Ltd. now owns 131,630 shares of the company’s stock worth $18,191,000 after purchasing an additional 6,631 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Kimberly-Clark by 29.6% in the second quarter. Daiwa Securities Group Inc. now owns 46,615 shares of the company’s stock worth $6,442,000 after purchasing an additional 10,655 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in Kimberly-Clark by 15.7% in the second quarter. MGO One Seven LLC now owns 13,579 shares of the company’s stock valued at $1,877,000 after purchasing an additional 1,846 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on KMB shares. JPMorgan Chase & Co. dropped their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a report on Tuesday, October 8th. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a report on Wednesday, October 23rd. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday. Finally, Piper Sandler lowered their price objective on shares of Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a report on Monday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $147.57.

Kimberly-Clark Trading Down 1.6 %

KMB traded down $2.09 during midday trading on Friday, reaching $124.68. 971,523 shares of the company’s stock traded hands, compared to its average volume of 1,664,398. The stock has a market capitalization of $41.58 billion, a price-to-earnings ratio of 16.17, a P/E/G ratio of 2.76 and a beta of 0.41. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The firm has a fifty day moving average of $133.31 and a two-hundred day moving average of $138.52. 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 (NYSE:KMB) last announced its quarterly 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 return on equity of 198.59% and a net margin of 12.97%. The company had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. During the same quarter last year, the firm posted $1.74 earnings per share. The firm’s revenue was down 3.5% on a year-over-year basis. On average, equities analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 63.29%.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.62% of the company’s stock.

About Kimberly-Clark

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.