Two Sigma Advisers LP Sells 4,600 Shares of Kimberly-Clark Co. (NYSE:KMB)

Two Sigma Advisers LP decreased its holdings in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 17.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,300 shares of the company's stock after selling 4,600 shares during the quarter. Two Sigma Advisers LP's holdings in Kimberly-Clark were worth $2,791,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Kimberly-Clark in the fourth quarter worth about $25,000. Marshall Investment Management LLC purchased a new position in shares of Kimberly-Clark in the 4th quarter valued at approximately $25,000. Minot DeBlois Advisors LLC bought a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new stake in Kimberly-Clark in the fourth quarter worth $32,000. Finally, Strategic Financial Concepts LLC bought a new position in Kimberly-Clark in the fourth quarter worth $33,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Up 0.0%

Shares of KMB stock traded up $0.06 during mid-day trading on Friday, hitting $143.90. The company's stock had a trading volume of 3,382,846 shares, compared to its average volume of 2,179,610. 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 52-week low of $124.10 and a 52-week high of $150.45. The stock has a market cap of $47.75 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 4.46 and a beta of 0.35. The business has a 50-day moving average price of $137.66 and a 200 day moving average price of $135.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted 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 net margin of 12.69% and a return on equity of 201.43%. The business had revenue of $4.84 billion for the quarter, compared to analysts' expectations of $4.90 billion. During the same quarter in the prior year, the business earned $2.01 EPS. Research analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business 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 $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.50%. The ex-dividend date is Friday, June 6th. Kimberly-Clark's dividend payout ratio is currently 68.66%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on KMB shares. UBS Group upped their target price on shares of Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research report on Thursday, April 17th. Barclays decreased their target price on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. Wall Street Zen lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. JPMorgan Chase & Co. upped their price target on Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research note on Friday, April 11th. Finally, Wells Fargo & Company raised their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, March 28th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $145.08.

Insiders Place Their Bets

In other Kimberly-Clark news, insider Katy Chen sold 740 shares of the firm's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $129.70, for a total value of $95,978.00. Following the transaction, the insider now directly owns 3,997 shares of the company's stock, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.64% of the stock is currently 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.