Evolution Advisers Inc. Decreases Holdings in Kimberly-Clark Co. (NYSE:KMB)

Evolution Advisers Inc. decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 19.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,606 shares of the company’s stock after selling 384 shares during the period. Evolution Advisers Inc.’s holdings in Kimberly-Clark were worth $210,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of KMB. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Kimberly-Clark in the fourth quarter worth about $25,000. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the third quarter worth about $29,000. DiNuzzo Private Wealth Inc. boosted its position in shares of Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after acquiring an additional 202 shares during the period. Golden State Wealth Management LLC bought a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $32,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Up 1.4 %

Shares of KMB opened at $133.22 on Wednesday. The firm has a market cap of $44.43 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 4.12 and a beta of 0.41. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The firm has a 50 day moving average price of $129.99 and a 200-day moving average price of $136.60.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, equities research analysts forecast that Kimberly-Clark Co. will post 7.51 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be paid a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.78%. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is presently 64.64%.

Analyst Ratings Changes

KMB has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut 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 report on Thursday, January 16th. Wells Fargo & Company cut their price objective on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Citigroup cut their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. StockNews.com lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and a consensus target price of $143.64.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction 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 transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is owned by 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.