FIL Ltd Has $565,000 Position in Kimberly-Clark Co. (NYSE:KMB)

FIL Ltd lifted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 78.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,313 shares of the company’s stock after acquiring an additional 1,890 shares during the period. FIL Ltd’s holdings in Kimberly-Clark were worth $565,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Investment Management LLC acquired a new position in Kimberly-Clark in the fourth quarter valued at approximately $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark during the 4th quarter valued at $25,000. Roxbury Financial LLC acquired a new position in shares of Kimberly-Clark during the 4th quarter valued at $33,000. Golden State Wealth Management LLC acquired a new stake in Kimberly-Clark in the fourth quarter worth $32,000. Finally, Synergy Asset Management LLC bought a new stake in Kimberly-Clark in the fourth quarter valued at $35,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Trading Up 1.7 %

NYSE:KMB opened at $139.77 on Monday. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The firm has a 50-day moving average price of $138.39 and a two-hundred day moving average price of $135.68. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The firm has a market cap of $46.35 billion, a price-to-earnings ratio of 18.51, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting analysts’ consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were issued a $1.26 dividend. This is an increase 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 3.61%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark’s payout ratio is 66.75%.

Wall Street Analysts Forecast Growth

KMB has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday, March 28th. Citigroup reduced their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. TD Cowen cut Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a report on Wednesday, January 8th. UBS Group boosted their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Finally, StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and an average price target of $145.38.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.64% of the stock is owned by company insiders.

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.