Duality Advisers LP Invests $3.76 Million in Kimberly-Clark Co. (NYSE:KMB)

Duality Advisers LP bought a new position in Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,957 shares of the company’s stock, valued at approximately $3,762,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sequoia Financial Advisors LLC boosted its position in shares of Kimberly-Clark by 204.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 20,575 shares of the company’s stock worth $2,500,000 after buying an additional 13,806 shares during the period. PFG Investments LLC lifted its stake in shares of Kimberly-Clark by 11.2% in the third quarter. PFG Investments LLC now owns 2,082 shares of the company’s stock worth $252,000 after acquiring an additional 209 shares in the last quarter. Compagnie Lombard Odier SCmA acquired a new position in shares of Kimberly-Clark in the fourth quarter worth about $4,253,000. Rockline Wealth Management LLC acquired a new position in shares of Kimberly-Clark in the fourth quarter worth about $1,661,000. Finally, Nordea Investment Management AB lifted its stake in shares of Kimberly-Clark by 28.3% in the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after acquiring an additional 368,505 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of NYSE KMB opened at $128.89 on Tuesday. The stock has a fifty day moving average price of $124.44 and a two-hundred day moving average price of $122.43. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. The firm has a market cap of $43.42 billion, a P/E ratio of 24.79, a PEG ratio of 3.77 and a beta of 0.40. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the business posted $1.54 earnings per share. The business’s revenue for the quarter was up .7% compared to the same quarter last year. Research analysts forecast that Kimberly-Clark Co. will post 6.84 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were issued a $1.22 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.79%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.18. Kimberly-Clark’s dividend payout ratio is presently 93.85%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. The Goldman Sachs Group assumed coverage on Kimberly-Clark in a research note on Friday, March 1st. They issued a “buy” rating and a $135.00 price target on the stock. JPMorgan Chase & Co. upped their price objective on Kimberly-Clark from $119.00 to $125.00 and gave the company an “underweight” rating in a research note on Thursday, January 18th. Wells Fargo & Company upped their price objective on Kimberly-Clark from $125.00 to $131.00 and gave the company an “equal weight” rating in a research note on Thursday, March 28th. Barclays upped their price objective on Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a research note on Friday, April 12th. Finally, HSBC upped their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and an average price target of $131.85.

Insider Activity

In other Kimberly-Clark news, Director Mark T. Smucker bought 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The stock was bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Mark T. Smucker acquired 827 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now owns 827 shares in the company, valued at $100,050.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Tristram Wilkinson sold 3,720 shares of the stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the sale, the insider now owns 17,229 shares of the company’s stock, valued at $2,084,709. The disclosure for this sale can be found here. Corporate insiders own 0.62% of the company’s stock.

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.