Compass Wealth Management LLC Sells 237 Shares of Kimberly-Clark Co. (NYSE:KMB)

Compass Wealth Management LLC cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 5.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,787 shares of the company’s stock after selling 237 shares during the period. Compass Wealth Management LLC’s holdings in Kimberly-Clark were worth $490,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Norges Bank bought a new stake in shares of Kimberly-Clark during the 4th quarter worth $437,420,000. FMR LLC raised its stake in shares of Kimberly-Clark by 74.9% during the 3rd quarter. FMR LLC now owns 2,442,610 shares of the company’s stock worth $295,189,000 after purchasing an additional 1,046,155 shares during the period. American Century Companies Inc. raised its stake in shares of Kimberly-Clark by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock worth $603,815,000 after purchasing an additional 641,187 shares during the period. Royal Bank of Canada raised its stake in shares of Kimberly-Clark by 31.4% during the 3rd quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock worth $265,530,000 after purchasing an additional 524,632 shares during the period. Finally, Capital World Investors raised its stake in shares of Kimberly-Clark by 23.8% during the 4th quarter. Capital World Investors now owns 1,926,702 shares of the company’s stock worth $234,114,000 after purchasing an additional 370,094 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Kimberly-Clark Stock Up 0.9 %

KMB stock traded up $1.22 during midday trading on Wednesday, hitting $141.67. The stock had a trading volume of 1,433,086 shares, compared to its average volume of 2,044,844. The firm has a market cap of $47.70 billion, a price-to-earnings ratio of 26.04, a price-to-earnings-growth ratio of 3.17 and a beta of 0.38. The business has a 50-day moving average of $133.66 and a two-hundred day moving average of $126.57. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $141.80. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the prior year, the firm posted $1.67 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. As a group, equities research analysts forecast that Kimberly-Clark Co. will post 7.06 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark’s payout ratio is currently 89.71%.

Wall Street Analyst Weigh In

KMB has been the subject of several recent research reports. Wells Fargo & Company lifted their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 24th. Citigroup lifted their price target on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research report on Wednesday, April 24th. Bank of America upgraded Kimberly-Clark from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $115.00 to $160.00 in a research report on Thursday, June 13th. Barclays boosted their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. Finally, HSBC boosted their price objective on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $141.31.

Insider Activity

In other news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Katy Chen sold 454 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the transaction, the insider now directly owns 520 shares in the company, valued at approximately $70,324.80. The disclosure for this sale can be found here. Insiders have sold a total of 24,395 shares of company stock valued at $3,332,776 over the last ninety days. 0.62% of the stock is currently owned by corporate 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.