GTS Securities LLC Reduces Stock Position in Kimberly-Clark Co. (NYSE:KMB)

GTS Securities LLC trimmed its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 73.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,404 shares of the company's stock after selling 9,448 shares during the quarter. GTS Securities LLC's holdings in Kimberly-Clark were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC lifted its position in Kimberly-Clark by 19.4% during the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company's stock worth $239,267,000 after acquiring an additional 273,813 shares during the period. Brighton Jones LLC lifted its position in Kimberly-Clark by 74.1% during the 4th quarter. Brighton Jones LLC now owns 6,494 shares of the company's stock worth $851,000 after acquiring an additional 2,765 shares during the period. Drive Wealth Management LLC lifted its position in Kimberly-Clark by 11.4% during the 4th quarter. Drive Wealth Management LLC now owns 2,396 shares of the company's stock worth $317,000 after acquiring an additional 245 shares during the period. PFG Investments LLC lifted its holdings in shares of Kimberly-Clark by 17.1% in the 4th quarter. PFG Investments LLC now owns 10,038 shares of the company's stock valued at $1,315,000 after buying an additional 1,469 shares during the period. Finally, Blue Trust Inc. lifted its holdings in shares of Kimberly-Clark by 202.1% in the 4th quarter. Blue Trust Inc. now owns 14,593 shares of the company's stock valued at $2,076,000 after buying an additional 9,763 shares during the period. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded up $0.06 on Friday, hitting $143.90. The company's stock had a trading volume of 3,382,846 shares, compared to its average volume of 2,187,807. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The firm has a fifty day moving average price of $137.66 and a 200-day moving average price of $135.33. The company has a market capitalization of $47.75 billion, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. The company had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period in the previous year, the business earned $2.01 EPS. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 6th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.50%. Kimberly-Clark's dividend payout ratio (DPR) is currently 68.66%.

Analyst Ratings Changes

Several brokerages have recently issued reports on KMB. Wells Fargo & Company boosted their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, March 28th. Barclays decreased their price objective on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. UBS Group boosted their price objective on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Evercore ISI decreased their price objective on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating for the company in a report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a report on Friday, April 11th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $145.08.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of the business's stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the sale, the insider now directly owns 3,098 shares in the company, valued at approximately $405,032.52. The trade was a 36.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.64% of the stock is owned by company insiders.

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.