Massachusetts Financial Services Co. MA Has $787.82 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Massachusetts Financial Services Co. MA trimmed its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,483,539 shares of the company's stock after selling 114,931 shares during the quarter. Massachusetts Financial Services Co. MA owned about 1.92% of Kimberly-Clark worth $787,815,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. OFI Invest Asset Management bought a new stake in Kimberly-Clark during the third quarter valued at about $25,000. Cranbrook Wealth Management LLC grew its holdings in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company's stock valued at $26,000 after buying an additional 100 shares during the last quarter. Centerpoint Advisors LLC increased its position in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company's stock worth $33,000 after buying an additional 175 shares during the period. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark during the fourth quarter worth approximately $35,000. Finally, Bruce G. Allen Investments LLC acquired a new position in shares of Kimberly-Clark during the fourth quarter worth approximately $37,000. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded down $0.38 on Monday, hitting $136.29. The stock had a trading volume of 1,154,347 shares, compared to its average volume of 2,190,065. The firm's 50 day moving average price is $128.95 and its 200-day moving average price is $123.96. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $145.29. The company has a market capitalization of $45.89 billion, a price-to-earnings ratio of 25.00, a price-to-earnings-growth ratio of 3.89 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 earnings per share. On average, equities research analysts predict that Kimberly-Clark Co. will post 7.01 earnings per share for the current year.

Kimberly-Clark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Friday, June 7th will be paid a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark's dividend payout ratio is currently 89.71%.

Insider Transactions at Kimberly-Clark

In related news, insider Paula Ramos sold 10,178 shares of the company's stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, insider Jeffrey P. Melucci sold 6,390 shares of the company's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the transaction, the insider now owns 33,649 shares in the company, valued at approximately $4,562,467.91. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Paula Ramos sold 10,178 shares of the company's stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,395 shares of company stock worth $3,332,776. Insiders own 0.62% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on KMB shares. Citigroup boosted their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a "sell" rating in a research report on Wednesday, April 24th. UBS Group upped their price objective on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a "neutral" rating in a research report on Wednesday, April 24th. HSBC lifted their target price on Kimberly-Clark from $146.00 to $150.00 and gave the stock a "hold" rating in a research report on Wednesday, April 24th. The Goldman Sachs Group upped their price target on Kimberly-Clark from $135.00 to $152.00 and gave the company a "buy" rating in a report on Wednesday, April 24th. Finally, Piper Sandler lifted their price objective on Kimberly-Clark from $145.00 to $152.00 and gave the stock an "overweight" rating in a report on Thursday, March 28th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $134.85.

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.

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