Transamerica Financial Advisors Inc. Has $1.15 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Transamerica Financial Advisors Inc. raised its holdings in Kimberly-Clark Co. (NYSE:KMB) by 18.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,062 shares of the company’s stock after buying an additional 1,267 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Kimberly-Clark were worth $1,147,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. CX Institutional grew its holdings in shares of Kimberly-Clark by 1.2% during the second quarter. CX Institutional now owns 5,968 shares of the company’s stock worth $825,000 after purchasing an additional 71 shares during the last quarter. Wesbanco Bank Inc. increased its holdings in Kimberly-Clark by 0.9% in the third quarter. Wesbanco Bank Inc. now owns 7,739 shares of the company’s stock valued at $1,101,000 after purchasing an additional 71 shares during the period. My Legacy Advisors LLC raised its position in Kimberly-Clark by 4.6% during the 3rd quarter. My Legacy Advisors LLC now owns 1,741 shares of the company’s stock worth $248,000 after purchasing an additional 76 shares during the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Kimberly-Clark by 1.5% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 5,337 shares of the company’s stock worth $759,000 after buying an additional 77 shares during the period. Finally, Graypoint LLC grew its position in shares of Kimberly-Clark by 1.5% in the 3rd quarter. Graypoint LLC now owns 5,315 shares of the company’s stock valued at $756,000 after buying an additional 78 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.62% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Barclays increased their price objective on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. JPMorgan Chase & Co. dropped their target price on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a report on Wednesday, October 23rd. StockNews.com cut shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th. Finally, UBS Group lowered their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Stock Up 0.4 %

Kimberly-Clark stock opened at $139.73 on Wednesday. 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 firm’s fifty day moving average price is $138.58 and its two-hundred day moving average price is $139.21. The firm has a market capitalization of $46.60 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 2.92 and a beta of 0.40. Kimberly-Clark Co. has a 1-year low of $117.67 and a 1-year high of $149.30.

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

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be issued a dividend of $1.22 per share. The ex-dividend date of this dividend is Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.49%. Kimberly-Clark’s dividend payout ratio (DPR) is currently 63.29%.

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.