UMB Bank n.a. Sells 3,032 Shares of Kimberly-Clark Co. (NYSE:KMB)

UMB Bank n.a. lowered its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,738 shares of the company’s stock after selling 3,032 shares during the quarter. UMB Bank n.a.’s holdings in Kimberly-Clark were worth $1,669,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Thrivent Financial for Lutherans grew its position in shares of Kimberly-Clark by 4.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 29,018 shares of the company’s stock worth $4,010,000 after buying an additional 1,155 shares during the period. Summit Trail Advisors LLC grew its holdings in Kimberly-Clark by 12.8% during the 2nd quarter. Summit Trail Advisors LLC now owns 5,929 shares of the company’s stock worth $827,000 after acquiring an additional 673 shares during the period. Frank Rimerman Advisors LLC raised its position in shares of Kimberly-Clark by 12,203.4% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 3,568 shares of the company’s stock valued at $493,000 after acquiring an additional 3,539 shares during the last quarter. Fidelis Capital Partners LLC lifted its stake in shares of Kimberly-Clark by 44.5% in the 2nd quarter. Fidelis Capital Partners LLC now owns 1,455 shares of the company’s stock valued at $204,000 after purchasing an additional 448 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Kimberly-Clark by 30.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,565 shares of the company’s stock worth $346,000 after purchasing an additional 594 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on KMB shares. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research note on Wednesday, January 8th. Wells Fargo & Company cut their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. Citigroup reduced 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. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $143.71.

Kimberly-Clark Stock Performance

Shares of KMB opened at $127.33 on Tuesday. The stock has a market capitalization of $42.46 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 2.69 and a beta of 0.41. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The firm has a fifty day simple moving average of $132.41 and a 200 day simple moving average of $137.98. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.74 EPS. Research analysts forecast that Kimberly-Clark Co. will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a $1.22 dividend. The ex-dividend date was Friday, December 6th. This represents a $4.88 dividend on an annualized basis and a yield of 3.83%. Kimberly-Clark’s dividend payout ratio is 63.29%.

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.