Impact Partnership Wealth LLC Purchases 437 Shares of Kimberly-Clark Co. (NYSE:KMB)

Impact Partnership Wealth LLC lifted its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,899 shares of the company’s stock after purchasing an additional 437 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Kimberly-Clark were worth $773,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KMB. State Street Corp increased its position in shares of Kimberly-Clark by 5.9% during the third quarter. State Street Corp now owns 19,304,396 shares of the company’s stock valued at $2,768,367,000 after buying an additional 1,083,824 shares during the period. Sarasin & Partners LLP grew its stake in Kimberly-Clark by 140.1% during the fourth quarter. Sarasin & Partners LLP now owns 988,294 shares of the company’s stock valued at $129,506,000 after acquiring an additional 576,610 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Kimberly-Clark by 1,427.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 589,771 shares of the company’s stock worth $77,284,000 after acquiring an additional 551,158 shares during the period. Nordea Investment Management AB lifted its stake in Kimberly-Clark by 20.4% in the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company’s stock worth $358,625,000 after purchasing an additional 464,615 shares in the last quarter. Finally, Ilex Capital Partners UK LLP boosted its holdings in Kimberly-Clark by 140.0% in the 3rd quarter. Ilex Capital Partners UK LLP now owns 662,620 shares of the company’s stock valued at $94,278,000 after purchasing an additional 386,510 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

KMB has been the subject of several recent analyst reports. Wells Fargo & Company reduced their target price on 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. JPMorgan Chase & Co. cut their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Barclays lowered their price target on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Finally, Citigroup decreased their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $143.71.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Trading Up 0.8 %

Kimberly-Clark stock opened at $127.13 on Friday. The stock has a market cap of $42.39 billion, a P/E ratio of 16.49, a PEG ratio of 3.53 and a beta of 0.41. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The firm’s 50 day moving average price is $132.05 and its 200-day moving average price is $137.75.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.74 EPS. On average, equities analysts predict that Kimberly-Clark Co. will post 7.32 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 63.29%.

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.