FDx Advisors Inc. Sells 290 Shares of Kimberly-Clark Co. (NYSE:KMB)

FDx Advisors Inc. decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 13.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,833 shares of the company’s stock after selling 290 shares during the period. FDx Advisors Inc.’s holdings in Kimberly-Clark were worth $240,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. State Street Corp raised its holdings in Kimberly-Clark by 5.9% in the 3rd quarter. State Street Corp now owns 19,304,396 shares of the company’s stock valued at $2,768,367,000 after acquiring an additional 1,083,824 shares in the last quarter. Sarasin & Partners LLP grew its stake in Kimberly-Clark by 140.1% during the fourth quarter. Sarasin & Partners LLP now owns 988,294 shares of the company’s stock worth $129,506,000 after buying an additional 576,610 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Kimberly-Clark by 1,427.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 589,771 shares of the company’s stock valued at $77,284,000 after buying an additional 551,158 shares during the period. Nordea Investment Management AB raised its position in shares of Kimberly-Clark by 20.4% in the 4th quarter. Nordea Investment Management AB now owns 2,740,525 shares of the company’s stock valued at $358,625,000 after buying an additional 464,615 shares in the last quarter. Finally, Ilex Capital Partners UK LLP lifted its holdings in shares of Kimberly-Clark by 140.0% during the 3rd quarter. Ilex Capital Partners UK LLP now owns 662,620 shares of the company’s stock worth $94,278,000 after acquiring an additional 386,510 shares during the period. 76.29% of the stock is owned by institutional investors.

Kimberly-Clark Trading Up 0.9 %

KMB opened at $140.28 on Friday. 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 fifty-two week low of $118.62 and a fifty-two week high of $149.30. The company’s 50 day moving average price is $130.19 and its two-hundred day moving average price is $136.48. The firm has a market capitalization of $46.53 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 4.42 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, research analysts predict that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.59%. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 64.64%.

Analysts Set New Price Targets

KMB has been the subject of several research analyst reports. UBS Group boosted their price objective on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Wednesday, January 29th. Citigroup lowered their price target on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a report on Wednesday, January 15th. Barclays reduced their price objective on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. StockNews.com downgraded Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Saturday, February 15th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $143.64.

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.