Sigma Investment Counselors Inc. trimmed its position in shares of Kimberly Clark Corp (NYSE:KMB) by 37.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,550 shares of the company’s stock after selling 1,500 shares during the period. Sigma Investment Counselors Inc.’s holdings in Kimberly Clark were worth $308,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in KMB. Old Mutual Global Investors UK Ltd. grew its stake in shares of Kimberly Clark by 232.0% in the 4th quarter. Old Mutual Global Investors UK Ltd. now owns 6,498 shares of the company’s stock worth $784,000 after purchasing an additional 4,541 shares during the last quarter. Rational Advisors LLC increased its position in shares of Kimberly Clark by 40.9% in the fourth quarter. Rational Advisors LLC now owns 3,100 shares of the company’s stock worth $374,000 after acquiring an additional 900 shares in the last quarter. Nuance Investments LLC increased its position in shares of Kimberly Clark by 88.7% in the fourth quarter. Nuance Investments LLC now owns 573,448 shares of the company’s stock worth $69,192,000 after acquiring an additional 269,617 shares in the last quarter. Confluence Wealth Management LLC boosted its holdings in shares of Kimberly Clark by 30.1% during the fourth quarter. Confluence Wealth Management LLC now owns 4,000 shares of the company’s stock worth $483,000 after purchasing an additional 925 shares during the period. Finally, Ffcm LLC boosted its holdings in shares of Kimberly Clark by 21.9% during the fourth quarter. Ffcm LLC now owns 31,520 shares of the company’s stock worth $3,802,000 after purchasing an additional 5,671 shares during the period. 74.57% of the stock is owned by institutional investors.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $119.77, for a total value of $2,773,633.66. Following the transaction, the insider now owns 31,141 shares in the company, valued at $3,729,757.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is owned by company insiders.
Kimberly Clark Corp (NYSE KMB) opened at $112.96 on Wednesday. The firm has a market cap of $39,650.85, a P/E ratio of 18.15, a PEG ratio of 2.04 and a beta of 0.69. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89. Kimberly Clark Corp has a 52 week low of $109.51 and a 52 week high of $135.22.
Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.54 by $0.03. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The company had revenue of $4.58 billion during the quarter, compared to the consensus estimate of $4.61 billion. During the same quarter in the prior year, the firm posted $1.45 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. equities research analysts predict that Kimberly Clark Corp will post 7 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 9th will be given a dividend of $1.00 per share. This is a boost from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $4.00 annualized dividend and a yield of 3.54%. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.40%.
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Kimberly Clark Company Profile
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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