Level Four Advisory Services LLC Increases Position in Kimberly-Clark Co. (NYSE:KMB)

Level Four Advisory Services LLC increased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,198 shares of the company’s stock after buying an additional 465 shares during the quarter. Level Four Advisory Services LLC’s holdings in Kimberly-Clark were worth $2,909,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of KMB. denkapparat Operations GmbH bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $515,000. Orion Portfolio Solutions LLC boosted its position in Kimberly-Clark by 16.1% in the 4th quarter. Orion Portfolio Solutions LLC now owns 37,592 shares of the company’s stock valued at $4,926,000 after buying an additional 5,202 shares during the period. Nomura Asset Management Co. Ltd. increased its position in shares of Kimberly-Clark by 8.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 433,713 shares of the company’s stock worth $56,834,000 after acquiring an additional 34,249 shares during the period. New Age Alpha Advisors LLC raised its stake in shares of Kimberly-Clark by 8,322.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 9,770 shares of the company’s stock valued at $1,280,000 after acquiring an additional 9,654 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $582,592,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction dated Friday, February 28th. The stock was 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 approximately $1,088,520. This trade represents a 58.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Wells Fargo & Company lifted their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. UBS Group upped their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Finally, Citigroup dropped their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $144.85.

Kimberly-Clark Trading Up 0.1 %

NYSE:KMB opened at $140.73 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The firm has a fifty day simple moving average of $136.12 and a 200-day simple moving average of $136.05. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The company has a market capitalization of $46.67 billion, a P/E ratio of 18.64, a PEG ratio of 4.46 and a beta of 0.36.

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

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be issued a $1.26 dividend. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio is 66.75%.

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.