Monument Capital Management Makes New Investment in Kimberly-Clark Co. (NYSE:KMB)

Monument Capital Management bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,682 shares of the company’s stock, valued at approximately $204,000.

Other large investors have also recently added to or reduced their stakes in the company. Cranbrook Wealth Management LLC increased its holdings in Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. OFI Invest Asset Management bought a new position in shares of Kimberly-Clark in the 3rd quarter valued at about $25,000. Centerpoint Advisors LLC grew its holdings in shares of Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after acquiring an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of Kimberly-Clark in the 4th quarter valued at about $35,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Kimberly-Clark in the 4th quarter valued at about $37,000. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

KMB has been the subject of several analyst reports. Royal Bank of Canada restated a “sector perform” rating and issued a $123.00 price objective on shares of Kimberly-Clark in a report on Thursday, March 28th. HSBC raised their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Wells Fargo & Company raised their price objective on Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Finally, JPMorgan Chase & Co. raised their target price on shares of Kimberly-Clark from $119.00 to $125.00 and gave the company an “underweight” rating in a research note on Thursday, January 18th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $131.85.

Kimberly-Clark Trading Up 1.6 %

Shares of KMB stock opened at $128.89 on Tuesday. The firm has a 50 day moving average price of $124.44 and a two-hundred day moving average price of $122.43. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The company has a market capitalization of $43.42 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 3.77 and a beta of 0.40. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $147.87.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.02). The company had revenue of $5 billion for the quarter, compared to analyst estimates of $4.99 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The company’s revenue was up .7% on a year-over-year basis. During the same quarter last year, the business earned $1.54 earnings per share. As a group, analysts predict that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Shareholders of record on Friday, March 8th were given a dividend of $1.22 per share. The ex-dividend date was Thursday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 annualized dividend and a yield of 3.79%. Kimberly-Clark’s dividend payout ratio (DPR) is 93.85%.

Insiders Place Their Bets

In other Kimberly-Clark news, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was bought at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the sale, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. Company 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.