Strategic Investment Advisors MI Has $552,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Strategic Investment Advisors MI trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 10.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,214 shares of the company’s stock after selling 483 shares during the quarter. Strategic Investment Advisors MI’s holdings in Kimberly-Clark were worth $552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Drive Wealth Management LLC raised its holdings in Kimberly-Clark by 11.4% during the fourth quarter. Drive Wealth Management LLC now owns 2,396 shares of the company’s stock valued at $317,000 after buying an additional 245 shares in the last quarter. Stablepoint Partners LLC increased its holdings in shares of Kimberly-Clark by 1.6% during the 4th quarter. Stablepoint Partners LLC now owns 29,078 shares of the company’s stock valued at $3,810,000 after acquiring an additional 470 shares during the last quarter. Vista Investment Partners LLC bought a new position in shares of Kimberly-Clark in the 4th quarter valued at approximately $612,000. Toth Financial Advisory Corp lifted its holdings in Kimberly-Clark by 8.8% in the 4th quarter. Toth Financial Advisory Corp now owns 32,556 shares of the company’s stock worth $4,266,000 after purchasing an additional 2,641 shares during the last quarter. Finally, Monte Financial Group LLC boosted its position in Kimberly-Clark by 41.3% during the fourth quarter. Monte Financial Group LLC now owns 37,749 shares of the company’s stock worth $4,947,000 after purchasing an additional 11,031 shares during the period. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on KMB shares. JPMorgan Chase & Co. reduced their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price target for the company. in a report on Wednesday, January 8th. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday. Deutsche Bank Aktiengesellschaft increased their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Finally, Citigroup dropped their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $143.71.

Kimberly-Clark Price Performance

KMB opened at $131.27 on Tuesday. The stock has a market cap of $43.77 billion, a P/E ratio of 17.03, a P/E/G ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The company has a fifty day simple moving average of $131.85 and a 200 day simple moving average of $137.56.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were issued a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.72%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

Insider Buying and Selling at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.62% of the company’s stock.

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.