1 week Ago By ABMN Staff
GAMMA Investing LLC raised its stake in shares of Kimberly-Clark Co. ( NYSE:KMB – Free Report ) by 64.1% in the fourth quarter, according to its most recent 13F filing with the SEC.
The fund owned 17,173 shares of the company’s stock after purchasing an additional 6,710 shares during the period. GAMMA Investing LLC’s holdings in Kimberly-Clark were worth $2,250,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KMB.
Barclays PLC grew its holdings in Kimberly-Clark by 19.4% during the third quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock worth $239,267,000 after buying an additional 273,813 shares in the last quarter.
Vest Financial LLC boosted its holdings in Kimberly-Clark by 6.5% during the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company’s stock worth $49,409,000 after acquiring an additional 21,339 shares during the last quarter.
Pathstone Holdings LLC grew its stake in shares of Kimberly-Clark by 9.0% in the 3rd quarter. Pathstone Holdings LLC now owns 51,217 shares of the company’s stock worth $7,294,000 after acquiring an additional 4,229 shares in the last quarter.
Wilmington Savings Fund Society FSB raised its holdings in shares of Kimberly-Clark by 81.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 38,449 shares of the company’s stock valued at $5,471,000 after purchasing an additional 17,220 shares during the last quarter.
Finally, Leavell Investment Management Inc. lifted its position in shares of Kimberly-Clark by 143.2% during the third quarter.
Leavell Investment Management Inc. now owns 10,659 shares of the company’s stock valued at $1,529,000 after purchasing an additional 6,277 shares in the last quarter. 76.
29% of the stock is owned by institutional investors. Insider Activity In other news, VP Andrew Drexler sold 3,000 shares of the company’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 transaction, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.
53. This represents a 37.25 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Company insiders own 0.62% of the company’s stock.
Analyst Ratings Changes Read Our Latest Stock Report on KMB Kimberly-Clark Stock Performance Shares of KMB stock opened at $130.63 on Friday. The firm’s 50 day moving average is $134.
06 and its 200 day moving average is $138.98. The stock has a market capitalization of $43.
56 billion, a P/E ratio of 16.94, a PEG ratio of 2.76 and a beta of 0.
40. Kimberly-Clark Co. has a 12 month low of $117.
67 and a 12 month high of $149.30. 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 – Get Free Report ) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.
69 by $0.14. Kimberly-Clark had a return on equity of 198.
59% and a net margin of 12.97%. The firm had revenue of $4.
95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same quarter in the prior year, the business posted $1.
74 earnings per share. The business’s quarterly revenue was down 3.5% on a year-over-year basis.
On average, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.
Kimberly-Clark Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a dividend of $1.22 per share.
This represents a $4.88 annualized dividend and a dividend yield of 3.74%.
The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark’s dividend payout ratio is presently 63.29%.
Kimberly-Clark Profile ( Free Report ) 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.
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