Mutual of America Capital Management LLC Grows Holdings in Kimberly Clark Corp (KMB)

Mutual of America Capital Management LLC grew its holdings in shares of Kimberly Clark Corp (NYSE:KMB) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 61,554 shares of the company’s stock after purchasing an additional 3,603 shares during the period. Mutual of America Capital Management LLC’s holdings in Kimberly Clark were worth $7,427,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. San Francisco Sentry Investment Group CA boosted its stake in shares of Kimberly Clark by 2,385.0% in the third quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after purchasing an additional 954 shares during the period. Heritage Trust Co boosted its stake in shares of Kimberly Clark by 11.2% in the second quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after purchasing an additional 100 shares during the period. Armbruster Capital Management Inc. boosted its stake in shares of Kimberly Clark by 15.9% in the second quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock valued at $135,000 after purchasing an additional 143 shares during the period. Shamrock Asset Management LLC boosted its stake in shares of Kimberly Clark by 220.5% in the fourth quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock valued at $134,000 after purchasing an additional 763 shares during the period. Finally, Mosaic Family Wealth LLC boosted its stake in shares of Kimberly Clark by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after purchasing an additional 6 shares during the period. Institutional investors own 71.82% of the company’s stock.

Several research analysts have recently weighed in on KMB shares. Royal Bank of Canada restated a “hold” rating and issued a $121.00 target price on shares of Kimberly Clark in a research note on Friday, October 13th. Zacks Investment Research downgraded shares of Kimberly Clark from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. JPMorgan Chase & Co. downgraded shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $115.55 to $100.00 in a research note on Friday, October 20th. Citigroup restated a “hold” rating and issued a $125.00 target price (down from $131.00) on shares of Kimberly Clark in a research note on Tuesday, October 24th. Finally, Wells Fargo & Co decreased their target price on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating for the company in a research note on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the stock. Kimberly Clark presently has a consensus rating of “Hold” and a consensus price target of $126.44.

In other Kimberly Clark news, insider Kimberly K. Underhill sold 23,158 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the transaction, the insider now directly owns 31,141 shares in the company, valued at approximately $3,729,757.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Kimberly Clark Corp (KMB) opened at $111.88 on Tuesday. Kimberly Clark Corp has a 52 week low of $109.67 and a 52 week high of $136.21. The company has a current ratio of 0.89, a quick ratio of 0.58 and a debt-to-equity ratio of 7.34. The company has a market cap of $40,801.33, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 2.10 and a beta of 0.66.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.03. Kimberly Clark had a net margin of 12.48% and a return on equity of 427.79%. The firm had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.61 billion. During the same period in the prior year, the firm posted $1.45 EPS. The firm’s revenue was up .8% compared to the same quarter last year. equities research analysts predict that Kimberly Clark Corp will post 6.98 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 9th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.58%. This is an increase from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date is Thursday, March 8th. Kimberly Clark’s dividend payout ratio is 60.53%.

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Kimberly Clark Company Profile

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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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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