Great Valley Advisor Group Inc. Trims Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Great Valley Advisor Group Inc. decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 49.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,560 shares of the company’s stock after selling 17,089 shares during the period. Great Valley Advisor Group Inc.’s holdings in Kimberly-Clark were worth $2,498,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. CX Institutional boosted its position in shares of Kimberly-Clark by 1.2% in the second quarter. CX Institutional now owns 5,968 shares of the company’s stock valued at $825,000 after acquiring an additional 71 shares during the period. Wesbanco Bank Inc. lifted its holdings in shares of Kimberly-Clark by 0.9% in the 3rd quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock worth $1,101,000 after acquiring an additional 71 shares during the last quarter. My Legacy Advisors LLC lifted its holdings in shares of Kimberly-Clark by 4.6% in the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after acquiring an additional 76 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock worth $759,000 after acquiring an additional 77 shares during the last quarter. Finally, Graypoint LLC lifted its holdings in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after acquiring an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB opened at $138.42 on Monday. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The stock has a market capitalization of $46.16 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.88 and a beta of 0.40. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The company’s 50-day simple moving average is $138.72 and its two-hundred day simple moving average is $139.17.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.74 EPS. As a group, analysts predict that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark’s dividend payout ratio is 63.29%.

Insider Buying and Selling at Kimberly-Clark

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

Analysts Set New Price Targets

Several research analysts recently commented on KMB shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. decreased their target price on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 23rd. UBS Group reduced their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th. Finally, Barclays upped their target price on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $149.93.

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.