Arlington Financial Advisors LLC Acquires New Holdings in Kimberly Clark Corp (KMB)
Arlington Financial Advisors LLC acquired a new position in Kimberly Clark Corp (NYSE:KMB) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 1,850 shares of the company’s stock, valued at approximately $227,000.
Several other institutional investors have also recently added to or reduced their stakes in KMB. San Francisco Sentry Investment Group CA raised its holdings in shares of Kimberly Clark by 2,385.0% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after buying an additional 954 shares during the period. Heritage Trust Co raised its holdings in shares of Kimberly Clark by 11.2% during the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after buying an additional 100 shares during the period. Shamrock Asset Management LLC raised its holdings in shares of Kimberly Clark by 220.5% during the 4th quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock valued at $134,000 after buying an additional 763 shares during the period. Mosaic Family Wealth LLC raised its holdings in shares of Kimberly Clark by 0.5% during the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after buying an additional 6 shares during the period. Finally, MPS Loria Financial Planners LLC purchased a new stake in Kimberly Clark during the 2nd quarter worth approximately $150,000. Institutional investors own 71.82% of the company’s stock.
Several research firms have issued reports on KMB. Citigroup set a $112.00 price objective on Kimberly Clark and gave the stock a “sell” rating in a report on Wednesday, January 24th. Zacks Investment Research downgraded Kimberly Clark from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Deutsche Bank began coverage on Kimberly Clark in a report on Wednesday, December 13th. They set a “hold” rating and a $121.00 price objective on the stock. Societe Generale upgraded Kimberly Clark from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $112.05 to $144.00 in a report on Thursday, November 2nd. Finally, Barclays restated a “hold” rating on shares of Kimberly Clark in a report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $126.44.
Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.54 by $0.03. The company had revenue of $4.58 billion during the quarter, compared to analyst estimates of $4.61 billion. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The business’s revenue was up .8% on a year-over-year basis. During the same quarter last year, the firm earned $1.45 EPS. research analysts expect that Kimberly Clark Corp will post 6.98 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Stockholders of record on Friday, March 9th will be given a $1.00 dividend. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date is Thursday, March 8th. This represents a $4.00 annualized dividend and a dividend yield of 3.56%. Kimberly Clark’s dividend payout ratio (DPR) is presently 60.63%.
In other news, insider Kimberly K. Underhill sold 23,158 shares of Kimberly Clark stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $119.77, for a total value of $2,773,633.66. Following the completion of the transaction, the insider now owns 31,141 shares in the company, valued at approximately $3,729,757.57. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.56% of the stock is currently owned by company insiders.
About Kimberly Clark
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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