Thompson Siegel & Walmsley LLC Buys 77 Shares of Kimberly-Clark Co. (NYSE:KMB)

Thompson Siegel & Walmsley LLC increased its position in Kimberly-Clark Co. (NYSE:KMB) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,337 shares of the company’s stock after purchasing an additional 77 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Kimberly-Clark were worth $759,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark during the second quarter valued at $26,000. New Millennium Group LLC purchased a new position in Kimberly-Clark during the 2nd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in shares of Kimberly-Clark in the 3rd quarter valued at about $29,000. Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark in the 2nd quarter worth approximately $32,000. Finally, DiNuzzo Private Wealth Inc. boosted its stake in shares of Kimberly-Clark by 808.0% during the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the 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 sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $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 at this hyperlink. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 1.0 %

Kimberly-Clark stock opened at $138.42 on Friday. The stock has a 50-day moving average price of $138.72 and a 200 day moving average price of $139.13. The company has a market capitalization of $46.16 billion, a price-to-earnings ratio of 17.95, a price-to-earnings-growth ratio of 2.85 and a beta of 0.40. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

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

Kimberly-Clark Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently commented on KMB. Argus raised shares of Kimberly-Clark to a “hold” rating in a research note on Friday, July 26th. UBS Group dropped their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Barclays lifted their target price on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. Finally, StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $149.93.

About Kimberly-Clark

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.