Schonfeld Strategic Advisors LLC Cuts Stake in Kimberly-Clark Co. (NYSE:KMB)

Schonfeld Strategic Advisors LLC lessened its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 82.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,100 shares of the company's stock after selling 14,096 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Kimberly-Clark were worth $406,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KMB. SageView Advisory Group LLC boosted its holdings in Kimberly-Clark by 4.5% in the 4th quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock valued at $224,000 after purchasing an additional 74 shares during the period. OneDigital Investment Advisors LLC raised its position in shares of Kimberly-Clark by 0.5% in the fourth quarter. OneDigital Investment Advisors LLC now owns 14,559 shares of the company's stock valued at $1,908,000 after buying an additional 78 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in shares of Kimberly-Clark by 5.1% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after buying an additional 80 shares during the period. YHB Investment Advisors Inc. grew its position in Kimberly-Clark by 3.4% during the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock worth $330,000 after buying an additional 83 shares in the last quarter. Finally, Ascent Wealth Partners LLC grew its position in Kimberly-Clark by 1.0% during the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock worth $1,221,000 after buying an additional 90 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock traded down $0.38 on Wednesday, reaching $133.65. 2,139,318 shares of the company traded hands, compared to its average volume of 2,151,093. The company has a 50 day moving average of $137.61 and a 200 day moving average of $134.71. 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 Co. has a 52 week low of $124.10 and a 52 week high of $150.45. The firm has a market capitalization of $44.35 billion, a PE ratio of 17.70, a PEG ratio of 4.46 and a beta of 0.35.

Kimberly-Clark (NYSE:KMB - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same quarter last year, the firm posted $2.01 EPS. Equities analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 2nd. Investors of record on Friday, June 6th will be paid a $1.26 dividend. The ex-dividend date is Friday, June 6th. This represents a $5.04 dividend on an annualized basis and a yield of 3.77%. Kimberly-Clark's dividend payout ratio is 68.66%.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the sale, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This trade represents a 58.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Katy Chen sold 740 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $129.70, for a total transaction of $95,978.00. Following the completion of the transaction, the insider now owns 3,997 shares in the company, valued at approximately $518,410.90. This trade represents a 15.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,872 shares of company stock worth $2,208,684 over the last 90 days. Corporate insiders own 0.64% of the company's stock.

Analysts Set New Price Targets

KMB has been the subject of several recent analyst reports. Barclays cut their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. Citigroup cut their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating for the company in a report on Wednesday, January 15th. JPMorgan Chase & Co. increased their price target on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday, April 11th. StockNews.com downgraded Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, UBS Group increased 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. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark has an average rating of "Hold" and an average price target of $145.08.

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.