Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,859 shares of the company’s stock after selling 180 shares during the period. Coldstream Capital Management Inc.’s holdings in Kimberly-Clark were worth $469,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of KMB. UBS Group AG boosted its holdings in Kimberly-Clark by 13.3% during the 4th quarter. UBS Group AG now owns 919,669 shares of the company’s stock valued at $111,749,000 after acquiring an additional 107,736 shares during the period. Norges Bank purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $437,420,000. Mizuho Markets Americas LLC grew its holdings in shares of Kimberly-Clark by 52.8% in the fourth quarter. Mizuho Markets Americas LLC now owns 37,534 shares of the company’s stock valued at $4,561,000 after purchasing an additional 12,964 shares in the last quarter. Brown Advisory Inc. increased its stake in Kimberly-Clark by 1.6% during the 4th quarter. Brown Advisory Inc. now owns 430,301 shares of the company’s stock worth $52,286,000 after buying an additional 6,794 shares during the period. Finally, Missouri Trust & Investment Co increased its stake in Kimberly-Clark by 64.6% during the 4th quarter. Missouri Trust & Investment Co now owns 782 shares of the company’s stock worth $95,000 after buying an additional 307 shares during the period. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the transaction, the insider now owns 520 shares in the company, valued at $70,324.80. The disclosure for this sale can be found here. Insiders sold a total of 24,395 shares of company stock valued at $3,332,776 in the last three months. 0.62% of the stock is currently owned by company insiders.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $131.84 on Friday. The firm has a market capitalization of $44.39 billion, a P/E ratio of 24.24, a P/E/G ratio of 3.59 and a beta of 0.38. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $139.75. The firm’s 50 day moving average is $130.51 and its two-hundred day moving average is $124.82.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same period last year, the firm posted $1.67 EPS. The company’s revenue was down .9% on a year-over-year basis. Research analysts forecast that Kimberly-Clark Co. will post 7.03 EPS for the current fiscal year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Friday, June 7th. Kimberly-Clark’s payout ratio is currently 89.71%.

Analyst Ratings Changes

Several equities analysts have commented on KMB shares. UBS Group raised their price target on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Barclays lifted their target price on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. Evercore ISI upgraded Kimberly-Clark from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $133.00 to $150.00 in a report on Thursday, March 28th. Wells Fargo & Company lifted their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 24th. Finally, The Goldman Sachs Group boosted their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $134.85.

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.