United Advisor Group LLC Makes New $214,000 Investment in Kimberly-Clark Co. (NYSE:KMB)

United Advisor Group LLC acquired a new position in Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,633 shares of the company’s stock, valued at approximately $214,000.

A number of other large investors have also added to or reduced their stakes in KMB. Vanguard Group Inc. increased its stake in Kimberly-Clark by 15.1% in the 4th quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company’s stock worth $4,605,079,000 after acquiring an additional 4,603,787 shares during the last quarter. Norges Bank bought a new stake in Kimberly-Clark in the 4th quarter worth approximately $582,592,000. First Trust Advisors LP increased its stake in Kimberly-Clark by 163.1% in the 4th quarter. First Trust Advisors LP now owns 2,142,749 shares of the company’s stock worth $280,786,000 after acquiring an additional 1,328,341 shares during the last quarter. Invesco Ltd. increased its position in shares of Kimberly-Clark by 21.9% during the 4th quarter. Invesco Ltd. now owns 5,653,751 shares of the company’s stock valued at $740,868,000 after purchasing an additional 1,015,141 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Kimberly-Clark during the 4th quarter valued at approximately $127,436,000. Institutional investors own 76.29% of the company’s stock.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the company’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the sale, the insider now directly owns 3,997 shares in the company, valued at approximately $518,410.90. This represents a 15.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of the company’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares of the company’s stock, valued at $1,088,520. This represents a 58.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,372 shares of company stock worth $1,858,684. 0.64% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on KMB shares. Royal Bank of Canada cut their target price on Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Wall Street Zen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th. Wells Fargo & Company boosted their target price on Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, March 28th. Evercore ISI cut their target price on Kimberly-Clark from $168.00 to $155.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. boosted their target price on Kimberly-Clark from $124.00 to $131.00 and gave the company an “underweight” rating in a research report on Friday, April 11th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $145.08.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $141.56 on Tuesday. The stock’s fifty day moving average is $137.23 and its two-hundred day moving average is $135.07. The company has a market capitalization of $46.97 billion, a PE ratio of 18.75, 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.

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

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be issued a $1.26 dividend. This represents a $5.04 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Friday, June 6th. Kimberly-Clark’s dividend payout ratio is 68.66%.

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.