Kintegral Advisory LLC Lowers Position in Kimberly-Clark Co. (NYSE:KMB)

Kintegral Advisory LLC trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 32.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,102 shares of the company's stock after selling 5,934 shares during the period. Kintegral Advisory LLC's holdings in Kimberly-Clark were worth $1,736,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Global Wealth Management Investment Advisory Inc. boosted its position in Kimberly-Clark by 4.2% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 32,961 shares of the company's stock worth $4,688,000 after purchasing an additional 1,333 shares during the period. IFM Investors Pty Ltd increased its holdings in Kimberly-Clark by 10.1% during the 1st quarter. IFM Investors Pty Ltd now owns 67,680 shares of the company's stock valued at $9,630,000 after purchasing an additional 6,181 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Kimberly-Clark by 0.7% in the 1st quarter. OneDigital Investment Advisors LLC now owns 14,667 shares of the company's stock worth $2,086,000 after purchasing an additional 108 shares during the last quarter. Avantax Planning Partners Inc. grew its position in shares of Kimberly-Clark by 9.9% during the 1st quarter. Avantax Planning Partners Inc. now owns 22,261 shares of the company's stock worth $3,166,000 after buying an additional 2,004 shares during the period. Finally, Calamos Advisors LLC grew its stake in shares of Kimberly-Clark by 1.1% during the first quarter. Calamos Advisors LLC now owns 89,771 shares of the company's stock worth $12,767,000 after purchasing an additional 1,000 shares during the period. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kimberly-Clark

In other news, insider Katy Chen sold 740 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $129.70, for a total value of $95,978.00. Following the completion of the sale, the insider owned 3,997 shares in the company, valued at approximately $518,410.90. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.64% of the company's stock.

Kimberly-Clark Price Performance

KMB stock traded up $0.17 during midday trading on Friday, hitting $132.53. The company's stock had a trading volume of 1,015,997 shares, compared to its average volume of 2,204,333. 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 firm has a market capitalization of $43.97 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 4.46 and a beta of 0.35. The company has a 50 day moving average of $134.26 and a two-hundred day moving average of $134.71. Kimberly-Clark Co. has a 12 month low of $124.10 and a 12 month high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.04. The company had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter in the previous year, the business posted $2.01 earnings per share. On average, analysts expect that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 2nd. Investors of record on Friday, June 6th were issued 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%.

Analyst Upgrades and Downgrades

KMB has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price objective on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Evercore ISI cut their target price on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 23rd. UBS Group upped their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Royal Bank Of Canada dropped their price target on Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, Wall Street Zen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus 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.