Nwam LLC Sells 927 Shares of Kimberly-Clark Co. (NYSE:KMB)

Nwam LLC decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 12.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,309 shares of the company’s stock after selling 927 shares during the quarter. Nwam LLC’s holdings in Kimberly-Clark were worth $827,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $25,000. Marshall Investment Management LLC bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $25,000. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark in the third quarter worth about $29,000. Golden State Wealth Management LLC bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $32,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $33,000. Institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $140.00, for a total transaction of $350,000.00. Following the completion of the sale, the vice president now owns 2,553 shares of the company’s stock, valued at $357,420. This trade represents a 49.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $142.00 on Friday. The company has a market capitalization of $47.10 billion, a PE ratio of 18.81, a P/E/G ratio of 4.46 and a beta of 0.41. Kimberly-Clark Co. has a fifty-two week low of $121.00 and a fifty-two week high of $149.31. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The company has a 50 day simple moving average of $131.31 and a two-hundred day simple moving average of $136.53.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 EPS 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%. Research analysts anticipate 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 is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a dividend yield of 3.55%. Kimberly-Clark’s dividend payout ratio (DPR) is 66.75%.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of research reports. StockNews.com cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Saturday, February 15th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 price objective on shares of Kimberly-Clark in a research note on Friday, January 24th. TD Cowen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a research note on Wednesday, January 8th. Piper Sandler reaffirmed an “overweight” rating and issued a $158.00 price objective (down previously from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Finally, UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus price target 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.