OmniStar Financial Group Inc. cut its holdings in shares of Kimberly-Clark Co. (NYSE:KMB – Get Rating) by 47.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,964 shares of the company's stock after selling 5,427 shares during the period. OmniStar Financial Group Inc.'s holdings in Kimberly-Clark were worth $810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KMB. Fairfield Bush & CO. purchased a new stake in Kimberly-Clark during the first quarter valued at approximately $96,000. Sei Investments Co. raised its holdings in shares of Kimberly-Clark by 22.2% in the first quarter. Sei Investments Co. now owns 190,867 shares of the company's stock worth $23,483,000 after buying an additional 34,646 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Kimberly-Clark by 2.8% in the first quarter. Baird Financial Group Inc. now owns 292,834 shares of the company's stock worth $36,066,000 after buying an additional 7,878 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of Kimberly-Clark by 23.9% in the first quarter. Merit Financial Group LLC now owns 4,102 shares of the company's stock worth $505,000 after buying an additional 791 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Kimberly-Clark by 28.7% in the first quarter. NewEdge Advisors LLC now owns 20,180 shares of the company's stock worth $2,485,000 after buying an additional 4,503 shares during the last quarter. 74.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KMB has been the subject of several recent research reports. Barclays reduced their target price on shares of Kimberly-Clark from $146.00 to $126.00 and set an "equal weight" rating for the company in a report on Friday, January 27th. Citigroup started coverage on shares of Kimberly-Clark in a research report on Thursday, February 16th. They set a "sell" rating and a $120.00 price target on the stock. Wells Fargo & Company dropped their price target on shares of Kimberly-Clark from $135.00 to $125.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 26th. JPMorgan Chase & Co. lifted their target price on shares of Kimberly-Clark from $124.00 to $125.00 and gave the company an "underweight" rating in a research report on Thursday, January 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Kimberly-Clark from a "sell" rating to a "hold" rating and lifted their target price for the company from $122.00 to $123.00 in a research report on Monday, March 20th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus price target of $128.09.

Kimberly-Clark Trading Down 0.1 %

KMB stock traded down $0.17 during trading on Monday, reaching $130.31. 330,106 shares of the stock were exchanged, compared to its average volume of 1,724,859. The company has a current ratio of 0.78, a quick ratio of 0.47 and a debt-to-equity ratio of 10.83. The business has a 50 day moving average price of $128.50 and a 200-day moving average price of $127.62. Kimberly-Clark Co. has a 1 year low of $108.74 and a 1 year high of $144.53. The firm has a market capitalization of $43.97 billion, a price-to-earnings ratio of 22.81, a P/E/G ratio of 2.24 and a beta of 0.39.

Kimberly-Clark (NYSE:KMB – Get Rating) last issued its earnings results on Wednesday, January 25th. The company reported $1.54 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.03. Kimberly-Clark had a net margin of 9.59% and a return on equity of 264.67%. The company had revenue of $4.96 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the firm earned $1.30 earnings per share. Kimberly-Clark's quarterly revenue was up .0% compared to the same quarter last year. On average, research analysts predict that Kimberly-Clark Co. will post 5.92 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th. Stockholders of record on Friday, March 10th will be paid a $1.18 dividend. This represents a $4.72 dividend on an annualized basis and a dividend yield of 3.62%. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.16. The ex-dividend date of this dividend is Thursday, March 9th. Kimberly-Clark's payout ratio is 82.52%.

Kimberly-Clark Company Profile

(Get Rating)

Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.

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