Aptus Capital Advisors LLC Buys 10,285 Shares of Kimberly-Clark Co. (NYSE:KMB)

Aptus Capital Advisors LLC boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 311.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,589 shares of the company’s stock after purchasing an additional 10,285 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Kimberly-Clark were worth $1,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. Park Avenue Securities LLC increased its holdings in shares of Kimberly-Clark by 77.4% in the 4th quarter. Park Avenue Securities LLC now owns 13,786 shares of the company’s stock worth $1,807,000 after buying an additional 6,016 shares during the last quarter. Pensionfund Sabic boosted its position in Kimberly-Clark by 45.5% during the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock valued at $1,677,000 after buying an additional 4,000 shares during the period. Barclays PLC boosted its holdings in shares of Kimberly-Clark by 19.4% during the third quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock worth $239,267,000 after purchasing an additional 273,813 shares during the period. Aprio Wealth Management LLC grew its position in shares of Kimberly-Clark by 20.0% in the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after buying an additional 466 shares during the last quarter. Finally, West Oak Capital LLC raised its holdings in Kimberly-Clark by 20,377.6% in the 4th quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock worth $4,428,000 after purchasing an additional 33,623 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the sale, the insider now owns 3,997 shares of the company’s stock, valued at $518,410.90. This represents a 15.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,872 shares of company stock valued at $2,208,684 in the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Kimberly-Clark Stock Up 0.4 %

KMB stock opened at $130.92 on Tuesday. The stock has a market capitalization of $43.44 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The firm has a 50 day moving average of $138.56 and a 200 day moving average of $134.87.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same period last year, the firm posted $2.01 EPS. Sell-side analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be paid a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.85%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s dividend payout ratio is currently 68.66%.

Analyst Ratings Changes

A number of equities analysts have issued reports on KMB shares. Evercore ISI decreased their price objective on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating for the company in a report on Wednesday, April 23rd. UBS Group lifted their target price on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. Royal Bank of Canada cut their target price on shares of Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research report on Wednesday, April 23rd. Citigroup cut their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research note on Wednesday, January 15th. Finally, TD Cowen cut 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. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark has an average rating of “Hold” and a consensus target price of $145.08.

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.