Public Employees Retirement Association of Colorado Has $5.76 Million Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Public Employees Retirement Association of Colorado decreased its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,957 shares of the company's stock after selling 2,185 shares during the period. Public Employees Retirement Association of Colorado's holdings in Kimberly-Clark were worth $5,760,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. grew its position in shares of Kimberly-Clark by 363.1% during the 4th quarter. Johnson Financial Group Inc. now owns 9,068 shares of the company's stock valued at $1,179,000 after buying an additional 7,110 shares during the last quarter. Capital Analysts LLC grew its holdings in shares of Kimberly-Clark by 62.1% during the fourth quarter. Capital Analysts LLC now owns 1,365 shares of the company's stock valued at $179,000 after purchasing an additional 523 shares during the last quarter. Hayek Kallen Investment Management raised its position in shares of Kimberly-Clark by 22.9% during the 4th quarter. Hayek Kallen Investment Management now owns 1,934 shares of the company's stock worth $253,000 after purchasing an additional 360 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in shares of Kimberly-Clark by 11.1% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 199,225 shares of the company's stock worth $26,107,000 after purchasing an additional 19,894 shares during the last quarter. Finally, Empire Financial Management Company LLC increased its position in Kimberly-Clark by 253.2% in the fourth quarter. Empire Financial Management Company LLC now owns 13,523 shares of the company's stock worth $1,772,000 after buying an additional 9,694 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Trading Up 0.4 %

Kimberly-Clark stock traded up $0.51 during midday trading on Friday, reaching $130.38. The stock had a trading volume of 2,258,382 shares, compared to its average volume of 2,128,248. The firm's fifty day simple moving average is $138.94 and its two-hundred day simple moving average is $135.22. The firm has a market cap of $43.26 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45. The company has a debt-to-equity ratio of 7.05, a current ratio of 0.80 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $1.93 earnings per share 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 previous year, the firm earned $2.01 earnings per share. Equities analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be given a dividend of $1.26 per share. The ex-dividend date is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.87%. Kimberly-Clark's payout ratio is 68.66%.

Insider Transactions at Kimberly-Clark

In other news, insider Katy Chen sold 1,794 shares of the company's stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $130.74, for a total transaction of $234,547.56. Following the completion of the sale, the insider now owns 3,098 shares in the company, valued at approximately $405,032.52. This represents a 36.67 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the sale, the vice president now directly owns 7,720 shares of the company's stock, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,872 shares of company stock valued at $2,208,684 in the last three months. Corporate insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup dropped their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a report on Wednesday, January 15th. JPMorgan Chase & Co. lifted their price target on Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a report on Friday, April 11th. 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. Evercore ISI cut their target price on Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, Piper Sandler decreased their price objective on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $145.08.

Kimberly-Clark Company 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.