Allied Investment Advisors LLC Buys 1,054 Shares of Kimberly-Clark Co. (NYSE:KMB)

Allied Investment Advisors LLC boosted its stake in Kimberly-Clark Co. (NYSE:KMB) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,613 shares of the company’s stock after purchasing an additional 1,054 shares during the quarter. Kimberly-Clark comprises 1.8% of Allied Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Allied Investment Advisors LLC’s holdings in Kimberly-Clark were worth $9,122,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new position in Kimberly-Clark during the third quarter valued at approximately $29,000. Golden State Wealth Management LLC bought a new stake in Kimberly-Clark during the fourth quarter worth $32,000. Strategic Financial Concepts LLC acquired a new stake in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Finally, Roxbury Financial LLC bought a new position in shares of Kimberly-Clark in the 4th quarter valued at $33,000. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

KMB has been the subject of several recent analyst reports. Barclays dropped their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Citigroup dropped their target price on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. StockNews.com lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. Finally, Wells Fargo & Company decreased their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $143.64.

Kimberly-Clark Stock Up 2.3 %

Shares of KMB opened at $135.66 on Wednesday. The stock’s 50-day moving average price is $129.84 and its two-hundred day moving average price is $136.49. Kimberly-Clark Co. has a 12 month low of $118.62 and a 12 month high of $149.30. The company has a market capitalization of $45.00 billion, a PE ratio of 17.97, a PEG ratio of 4.25 and a beta of 0.41. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting analysts’ consensus estimates of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. On average, analysts anticipate that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio is currently 64.64%.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now owns 5,053 shares in the company, valued at $702,417.53. This represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.62% of the stock is currently owned by corporate insiders.

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.