Liberty One Investment Management LLC Has $27.88 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Liberty One Investment Management LLC grew its position in Kimberly-Clark Co. (NYSE:KMB) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,733 shares of the company’s stock after purchasing an additional 5,540 shares during the period. Kimberly-Clark comprises about 3.0% of Liberty One Investment Management LLC’s portfolio, making the stock its 11th largest position. Liberty One Investment Management LLC owned approximately 0.06% of Kimberly-Clark worth $27,876,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp lifted its holdings in shares of Kimberly-Clark by 5.9% in the third quarter. State Street Corp now owns 19,304,396 shares of the company’s stock valued at $2,768,367,000 after purchasing an additional 1,083,824 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Kimberly-Clark by 1,427.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 589,771 shares of the company’s stock valued at $77,284,000 after acquiring an additional 551,158 shares in the last quarter. Marshall Wace LLP lifted its stake in Kimberly-Clark by 48.4% in the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock valued at $213,539,000 after acquiring an additional 503,839 shares in the last quarter. Nordea Investment Management AB boosted its position in Kimberly-Clark by 20.4% during the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company’s stock worth $358,625,000 after acquiring an additional 464,615 shares during the last quarter. Finally, Ilex Capital Partners UK LLP grew its stake in shares of Kimberly-Clark by 140.0% during the 3rd quarter. Ilex Capital Partners UK LLP now owns 662,620 shares of the company’s stock worth $94,278,000 after acquiring an additional 386,510 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction 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 sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

Kimberly-Clark Stock Performance

KMB opened at $127.33 on Friday. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The company has a market capitalization of $42.46 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 2.69 and a beta of 0.41. The business has a fifty day simple moving average of $132.41 and a 200 day simple moving average of $137.98.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The business 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 for the quarter was down 3.5% compared to the same quarter last year. During the same period last year, the firm earned $1.74 earnings per share. Research analysts expect that Kimberly-Clark Co. will post 7.31 EPS for the current year.

Kimberly-Clark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were given a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.83%. Kimberly-Clark’s payout ratio is 63.29%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Barclays decreased their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a report on Friday. Citigroup lowered their target price on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $143.71.

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.