LVM Capital Management Ltd. MI Acquires 504 Shares of Kimberly-Clark Co. (NYSE:KMB)

LVM Capital Management Ltd. MI increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 11.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,929 shares of the company’s stock after purchasing an additional 504 shares during the quarter. LVM Capital Management Ltd. MI’s holdings in Kimberly-Clark were worth $646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of KMB. William B. Walkup & Associates Inc. bought a new position in Kimberly-Clark during the 2nd quarter valued at about $26,000. Darwin Wealth Management LLC bought a new position in Kimberly-Clark during the third quarter valued at approximately $29,000. Strategic Financial Concepts LLC purchased a new stake in Kimberly-Clark in the second quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. raised its stake in Kimberly-Clark by 808.0% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after buying an additional 202 shares during the last quarter. Finally, Kennebec Savings Bank bought a new position in shares of Kimberly-Clark during the 3rd quarter valued at $36,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Price Performance

KMB stock traded down $2.09 during midday trading on Friday, hitting $124.68. The company’s stock had a trading volume of 971,523 shares, compared to its average volume of 1,664,398. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The company has a 50 day moving average of $133.31 and a two-hundred day moving average of $138.52. The firm has a market capitalization of $41.58 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 2.76 and a beta of 0.41.

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

Kimberly-Clark Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 6th were paid a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Friday, December 6th. Kimberly-Clark’s payout ratio is 63.29%.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the business’s stock in a transaction that occurred on 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.62% of the stock is owned by company insiders.

Analysts Set New Price Targets

KMB has been the subject of a number of research reports. Piper Sandler reduced their price objective on Kimberly-Clark from $175.00 to $161.00 and set an “overweight” rating for the company in a research report on Monday. UBS Group reduced their price target on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Finally, Barclays boosted their price objective 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. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $147.57.

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.