ARS Wealth Advisors Group LLC Cuts Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

ARS Wealth Advisors Group LLC cut its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,222 shares of the company’s stock after selling 113 shares during the period. ARS Wealth Advisors Group LLC’s holdings in Kimberly-Clark were worth $291,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. acquired a new stake in shares of Kimberly-Clark during the 2nd quarter valued at about $26,000. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark during the third quarter worth approximately $29,000. DiNuzzo Private Wealth Inc. grew its holdings in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares during the period. Kennebec Savings Bank purchased a new stake in shares of Kimberly-Clark in the third quarter valued at approximately $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of Kimberly-Clark during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s 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 completion of the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

KMB has been the subject of several recent analyst reports. Wells Fargo & Company cut their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research note on Wednesday, January 8th. JPMorgan Chase & Co. decreased their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 23rd. UBS Group cut their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and an average target price of $147.07.

Kimberly-Clark Trading Down 0.5 %

Shares of KMB stock opened at $125.60 on Thursday. Kimberly-Clark Co. has a twelve month low of $117.67 and a twelve month high of $149.30. The stock has a market cap of $41.89 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 2.76 and a beta of 0.41. The company’s 50-day moving average price is $132.77 and its 200-day moving average price is $138.22. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its 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 company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. Kimberly-Clark’s revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.74 EPS. As a group, equities analysts predict that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a dividend of $1.22 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.89%. Kimberly-Clark’s dividend payout ratio (DPR) is 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.