Kimberly-Clark Co. (NYSE:KMB) Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. decreased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,599 shares of the company's stock after selling 8,027 shares during the period. TD Waterhouse Canada Inc.'s holdings in Kimberly-Clark were worth $10,427,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in KMB. SageView Advisory Group LLC grew its position in shares of Kimberly-Clark by 4.5% in the fourth 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. Confluence Wealth Services Inc. grew its position 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 purchasing an additional 80 shares during the period. YHB Investment Advisors Inc. grew its position in shares of Kimberly-Clark by 3.4% in the fourth quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock valued at $330,000 after purchasing an additional 83 shares during the period. Ascent Wealth Partners LLC grew its position in shares of Kimberly-Clark by 1.0% in the fourth quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock valued at $1,221,000 after purchasing an additional 90 shares during the period. Finally, Silver Lake Advisory LLC grew its position in shares of Kimberly-Clark by 0.8% in the fourth quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company's stock valued at $1,559,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 76.29% of the company's stock.

Insider Activity

In related news, VP Andrew Drexler sold 10,838 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction 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. This represents a 58.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on KMB. UBS Group boosted their price target 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. Citigroup lowered their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research report on Wednesday, January 15th. JPMorgan Chase & Co. boosted 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. Barclays lowered their price target on shares of Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Thursday. Finally, Royal Bank of Canada lowered their price target on shares of Kimberly-Clark from $165.00 to $162.00 and set an "outperform" rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $145.08.

Kimberly-Clark Trading Down 0.6 %

NYSE:KMB traded down $0.76 on Friday, hitting $131.58. The stock had a trading volume of 2,626,982 shares, compared to its average volume of 2,128,574. 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 stock has a market cap of $43.64 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 4.46 and a beta of 0.37. The company has a fifty day moving average price of $139.62 and a two-hundred day moving average price of $135.46. Kimberly-Clark Co. has a 1-year low of $124.10 and a 1-year high of $150.45.

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

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were paid a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.83%. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark's payout ratio is 68.66%.

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.