Nemes Rush Group LLC Has $83,000 Position in Kimberly-Clark Co. (NYSE:KMB)

Nemes Rush Group LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 18.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 636 shares of the company’s stock after selling 142 shares during the quarter. Nemes Rush Group LLC’s holdings in Kimberly-Clark were worth $83,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. FMR LLC increased its position in Kimberly-Clark by 3.2% during the third quarter. FMR LLC now owns 572,463 shares of the company’s stock worth $81,450,000 after buying an additional 17,919 shares during the last quarter. Ascent Group LLC increased its holdings in shares of Kimberly-Clark by 11.2% during the 3rd quarter. Ascent Group LLC now owns 9,274 shares of the company’s stock valued at $1,320,000 after acquiring an additional 931 shares during the last quarter. Hilltop Holdings Inc. raised its stake in shares of Kimberly-Clark by 11.4% in the 3rd quarter. Hilltop Holdings Inc. now owns 12,874 shares of the company’s stock valued at $1,832,000 after acquiring an additional 1,314 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Kimberly-Clark by 2.5% in the 3rd quarter. HighTower Advisors LLC now owns 141,612 shares of the company’s stock worth $20,164,000 after purchasing an additional 3,514 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in Kimberly-Clark by 4.2% during the third quarter. Janus Henderson Group PLC now owns 47,338 shares of the company’s stock worth $6,735,000 after purchasing an additional 1,900 shares during the period. 76.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, March 28th. JPMorgan Chase & Co. cut their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Citigroup decreased their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Finally, UBS Group increased their target price on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and a consensus price target of $144.85.

Kimberly-Clark Stock Up 0.0 %

Shares of KMB stock opened at $143.07 on Thursday. The stock has a market cap of $47.45 billion, a P/E ratio of 18.95, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36. 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 stock has a fifty day moving average price of $137.10 and a 200 day moving average price of $135.97. Kimberly-Clark Co. has a one year low of $123.84 and a one year high of $150.45.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were issued a $1.26 dividend. The ex-dividend date was Friday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.52%. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.64% of the stock is 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.