Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC raised its holdings in Kimberly-Clark Co. (NYSE:KMB) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,797 shares of the company’s stock after purchasing an additional 166 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Kimberly-Clark were worth $750,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of KMB. Rise Advisors LLC grew its stake in shares of Kimberly-Clark by 926.3% during the 1st quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after buying an additional 176 shares during the period. Cranbrook Wealth Management LLC grew its position in Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in Kimberly-Clark during the fourth quarter worth about $35,000. Bruce G. Allen Investments LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter worth about $37,000. Finally, Northwest Financial Advisors acquired a new position in shares of Kimberly-Clark in the 4th quarter valued at about $40,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Katy Chen sold 454 shares of the company’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the sale, the insider now directly owns 520 shares of the company’s stock, valued at approximately $70,324.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,395 shares of company stock worth $3,332,776. Insiders own 0.62% of the company’s stock.

Analyst Ratings Changes

KMB has been the topic of a number of recent research reports. BNP Paribas began coverage on shares of Kimberly-Clark in a research report on Monday, June 24th. They set a “neutral” rating and a $146.00 price target on the stock. JPMorgan Chase & Co. upped their price target on shares of Kimberly-Clark from $115.00 to $123.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 24th. Barclays boosted their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 25th. Citigroup upped their price target on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday, April 24th. Finally, Bank of America upgraded Kimberly-Clark from an “underperform” rating to a “buy” rating and raised their target price for the company from $115.00 to $160.00 in a research note on Thursday, June 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Kimberly-Clark currently has a consensus rating of “Hold” and an average target price of $141.64.

Kimberly-Clark Trading Down 0.8 %

NYSE KMB opened at $138.20 on Friday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $142.20. The company has a 50-day simple moving average of $135.86 and a 200-day simple moving average of $127.53. The firm has a market capitalization of $46.53 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 3.14 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities analysts forecast that Kimberly-Clark Co. will post 7.06 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Friday, June 7th. Kimberly-Clark’s payout ratio is 89.71%.

Kimberly-Clark 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.