Kimberly-Clark Co. (NYSE:KMB) Shares Bought by Live Oak Investment Partners

Live Oak Investment Partners raised its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 33,612.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,091 shares of the company's stock after acquiring an additional 8,067 shares during the quarter. Live Oak Investment Partners' holdings in Kimberly-Clark were worth $1,151,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Pacific Financial bought a new stake in Kimberly-Clark during the 1st quarter valued at about $26,000. Minot DeBlois Advisors LLC bought a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $29,000. OFI Invest Asset Management purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $38,000. Menard Financial Group LLC bought a new position in Kimberly-Clark in the fourth quarter worth approximately $38,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in Kimberly-Clark during the 4th quarter worth $44,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded down $1.31 during midday trading on Thursday, hitting $126.84. The company had a trading volume of 2,369,301 shares, compared to its average volume of 2,205,370. The stock has a market cap of $42.09 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 4.46 and a beta of 0.38. Kimberly-Clark Co. has a 12-month low of $124.10 and a 12-month high of $150.45. 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 company has a fifty day simple moving average of $135.24 and a 200 day simple moving average of $134.78.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share (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 the consensus estimate of $4.90 billion. During the same period in the prior year, the firm earned $2.01 EPS. As a group, analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be issued a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's dividend payout ratio (DPR) is 68.66%.

Analysts Set New Price Targets

KMB has been the topic of several research reports. UBS Group raised their price target on Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Barclays reduced their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Evercore ISI lowered their target price 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, Piper Sandler reduced their price target on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of "Hold" and a consensus price target of $143.50.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total value of $234,547.56. Following the sale, the insider now directly owns 3,098 shares of the company's stock, valued at approximately $405,032.52. This represents a 36.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.64% of the stock is owned by insiders.

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.