Ellevest Inc. Decreases Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Ellevest Inc. lessened its stake in Kimberly-Clark Co. (NYSE:KMB) by 40.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,725 shares of the company’s stock after selling 1,171 shares during the period. Ellevest Inc.’s holdings in Kimberly-Clark were worth $226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in KMB. SageView Advisory Group LLC lifted its position in Kimberly-Clark by 4.5% during the fourth quarter. SageView Advisory Group LLC now owns 1,706 shares of the company’s stock valued at $224,000 after acquiring an additional 74 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Kimberly-Clark by 0.5% during the 4th quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company’s stock valued at $1,908,000 after purchasing an additional 78 shares during the last quarter. Confluence Wealth Services Inc. lifted its holdings in shares of Kimberly-Clark by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company’s stock valued at $208,000 after purchasing an additional 80 shares during the last quarter. YHB Investment Advisors Inc. boosted its position in shares of Kimberly-Clark by 3.4% in the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company’s stock worth $330,000 after purchasing an additional 83 shares in the last quarter. Finally, Ascent Wealth Partners LLC increased its position in Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company’s stock valued at $1,221,000 after buying an additional 90 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors.

Insider Transactions at Kimberly-Clark

In related news, insider Katy Chen sold 740 shares of the company’s stock in a transaction dated 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 transaction, the insider now owns 3,997 shares in the company, valued at $518,410.90. This represents a 15.62 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Andrew Drexler sold 2,500 shares of Kimberly-Clark stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $140.00, for a total value of $350,000.00. Following the completion of the sale, the vice president now owns 2,553 shares in the company, valued at approximately $357,420. The trade was a 49.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,872 shares of company stock valued at $2,208,684 in the last three months. 0.64% of the stock is currently owned by company insiders.

Kimberly-Clark Price Performance

Shares of NYSE KMB opened at $133.01 on Friday. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54. The firm’s 50 day simple moving average is $137.87 and its 200-day simple moving average is $134.72. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45. The stock has a market capitalization of $44.13 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The company had revenue of $4.84 billion during the quarter, compared to analysts’ expectations of $4.90 billion. During the same quarter in the previous year, the company earned $2.01 earnings per share. Analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Friday, June 6th will be given a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Friday, June 6th. Kimberly-Clark’s dividend payout ratio (DPR) is presently 68.66%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on KMB. Royal Bank of Canada dropped their price target on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 23rd. StockNews.com downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th. Barclays decreased their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Citigroup cut their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. lifted their price target on Kimberly-Clark from $124.00 to $131.00 and gave the stock an “underweight” rating in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and a consensus target price of $145.08.

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.