Mutual Advisors LLC Sells 13,025 Shares of Kimberly-Clark Co. (NYSE:KMB)

Mutual Advisors LLC lessened its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 48.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,118 shares of the company's stock after selling 13,025 shares during the quarter. Mutual Advisors LLC's holdings in Kimberly-Clark were worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. First Pacific Financial purchased a new position in shares of Kimberly-Clark during the 1st quarter valued at $26,000. Minot DeBlois Advisors LLC purchased a new position in shares of Kimberly-Clark during the 4th quarter valued at $29,000. Rossby Financial LCC purchased a new position in shares of Kimberly-Clark during the 1st quarter valued at $37,000. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark during the 4th quarter valued at $38,000. Finally, Menard Financial Group LLC purchased a new position in shares of Kimberly-Clark during the 4th quarter valued at $38,000. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded up $0.17 during trading on Friday, hitting $132.53. 1,015,997 shares of the stock traded hands, compared to its average volume of 2,208,280. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The stock has a market cap of $43.97 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 4.46 and a beta of 0.35. The firm's fifty day moving average is $134.28 and its 200-day moving average is $134.75. Kimberly-Clark Co. has a 52 week low of $124.10 and a 52 week high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating 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 firm had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same period in the prior year, the company earned $2.01 EPS. Research analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were given a dividend of $1.26 per share. The ex-dividend date was Friday, June 6th. This represents a $5.04 annualized dividend and a yield of 3.80%. Kimberly-Clark's payout ratio is 68.66%.

Insider Transactions at Kimberly-Clark

In related news, insider Katy Chen sold 1,794 shares of the firm'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 transaction, the insider directly owned 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.64% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KMB. UBS Group upped their price target on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Barclays dropped their price target on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Royal Bank Of Canada dropped their price objective on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Evercore ISI dropped their price objective on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company increased their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $143.50.

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.