Kimberly-Clark Co. (NYSE:KMB) Holdings Lifted by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,436 shares of the company’s stock after purchasing an additional 199 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in Kimberly-Clark were worth $1,368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. My Legacy Advisors LLC lifted its stake in Kimberly-Clark by 4.6% in the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock valued at $248,000 after acquiring an additional 76 shares in the last quarter. Thompson Siegel & Walmsley LLC increased its stake in Kimberly-Clark by 1.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock valued at $759,000 after buying an additional 77 shares during the last quarter. Graypoint LLC lifted its position in Kimberly-Clark by 1.5% during the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock worth $756,000 after buying an additional 78 shares in the last quarter. Truvestments Capital LLC grew its holdings in shares of Kimberly-Clark by 2.7% in the 3rd quarter. Truvestments Capital LLC now owns 2,981 shares of the company’s stock valued at $424,000 after acquiring an additional 78 shares in the last quarter. Finally, Confluence Wealth Services Inc. grew its holdings in shares of Kimberly-Clark by 5.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock valued at $208,000 after acquiring an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Wells Fargo & Company lowered their price target on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. StockNews.com downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Finally, UBS Group raised their target price 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. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $143.64.

Kimberly-Clark Stock Performance

KMB opened at $132.79 on Monday. 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 business has a fifty day simple moving average of $129.84 and a 200 day simple moving average of $136.52. Kimberly-Clark Co. has a 1 year low of $117.93 and a 1 year high of $149.30. The company has a market capitalization of $44.28 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 4.12 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Research analysts expect that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s dividend payout ratio is presently 64.64%.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This represents a 37.25 % decrease in their ownership of the stock. 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.

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.