Great Valley Advisor Group Inc. Has $2.50 Million Stake in Kimberly-Clark Co. (NYSE:KMB)

Great Valley Advisor Group Inc. trimmed its holdings in Kimberly-Clark Co. (NYSE:KMB) by 49.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,560 shares of the company’s stock after selling 17,089 shares during the period. Great Valley Advisor Group Inc.’s holdings in Kimberly-Clark were worth $2,498,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KMB. Ascent Group LLC lifted its holdings in Kimberly-Clark by 17.2% during the 1st quarter. Ascent Group LLC now owns 7,075 shares of the company’s stock worth $915,000 after purchasing an additional 1,039 shares during the last quarter. Waverly Advisors LLC lifted its holdings in Kimberly-Clark by 11.8% during the 1st quarter. Waverly Advisors LLC now owns 12,728 shares of the company’s stock worth $1,646,000 after purchasing an additional 1,343 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Kimberly-Clark by 3.2% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 18,369 shares of the company’s stock worth $2,241,000 after purchasing an additional 572 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new stake in Kimberly-Clark during the 1st quarter worth approximately $285,000. Finally, Tidal Investments LLC lifted its holdings in Kimberly-Clark by 61.7% during the 1st quarter. Tidal Investments LLC now owns 38,668 shares of the company’s stock worth $4,997,000 after purchasing an additional 14,761 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KMB. StockNews.com cut Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research note on Tuesday, October 8th. Barclays raised their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. Finally, JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus price target of $149.93.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark 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 transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.62% of the stock is currently owned by company insiders.

Kimberly-Clark Trading Up 1.0 %

Shares of KMB opened at $138.42 on Monday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30. The firm has a market cap of $46.16 billion, a price-to-earnings ratio of 17.95, a PEG ratio of 2.88 and a beta of 0.40. The business’s fifty day moving average is $138.72 and its 200-day moving average is $139.17.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data 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. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter last year, the business posted $1.74 EPS. Kimberly-Clark’s revenue for the quarter was down 3.5% on a year-over-year basis. Equities analysts anticipate that Kimberly-Clark Co. will post 7.27 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed 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. This represents a $4.88 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Friday, December 6th. Kimberly-Clark’s dividend payout ratio (DPR) is 63.29%.

About Kimberly-Clark

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.