Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Northstar Advisory Group LLC

Northstar Advisory Group LLC decreased its holdings in Kimberly-Clark Co. (NYSE:KMB) by 17.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,859 shares of the company’s stock after selling 1,817 shares during the period. Northstar Advisory Group LLC’s holdings in Kimberly-Clark were worth $1,161,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Elevated Capital Advisors LLC increased its holdings in shares of Kimberly-Clark by 4.5% in the fourth quarter. Elevated Capital Advisors LLC now owns 9,964 shares of the company’s stock valued at $1,306,000 after purchasing an additional 433 shares during the last quarter. Kwmg LLC increased its stake in shares of Kimberly-Clark by 2.7% in the 4th quarter. Kwmg LLC now owns 46,485 shares of the company’s stock worth $6,091,000 after acquiring an additional 1,206 shares during the last quarter. Bar Harbor Wealth Management raised its holdings in shares of Kimberly-Clark by 7.7% during the 4th quarter. Bar Harbor Wealth Management now owns 9,067 shares of the company’s stock worth $1,188,000 after acquiring an additional 649 shares during the period. Wedmont Private Capital boosted its position in shares of Kimberly-Clark by 90.2% during the 4th quarter. Wedmont Private Capital now owns 11,401 shares of the company’s stock valued at $1,419,000 after acquiring an additional 5,408 shares during the last quarter. Finally, Adams Asset Advisors LLC boosted its position in shares of Kimberly-Clark by 1.0% during the 4th quarter. Adams Asset Advisors LLC now owns 80,117 shares of the company’s stock valued at $10,499,000 after acquiring an additional 828 shares during the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.62% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KMB. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Barclays lifted their price target on shares of Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. UBS Group decreased their price target on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Finally, Wells Fargo & Company cut their price objective on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $147.57.

Kimberly-Clark Stock Up 0.7 %

NYSE:KMB traded up $0.89 during mid-day trading on Monday, hitting $125.35. The stock had a trading volume of 2,325,002 shares, compared to its average volume of 1,954,401. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The stock has a 50-day simple moving average of $133.11 and a two-hundred day simple moving average of $138.40. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The company has a market capitalization of $41.80 billion, a PE ratio of 16.26, a PEG ratio of 2.76 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The firm had revenue of $4.95 billion during the quarter, compared to analysts’ expectations of $5.06 billion. During the same quarter in the previous year, the business earned $1.74 earnings per share. The firm’s revenue was down 3.5% compared to the same quarter last year. On average, equities research analysts anticipate that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date of this dividend was Friday, December 6th. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

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.