M&T Bank Corp reduced its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 1.8% in the 4th quarter, Holdings Channel reports. The firm owned 170,874 shares of the company’s stock after selling 3,051 shares during the quarter. M&T Bank Corp’s holdings in Kimberly Clark were worth $20,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the stock. San Francisco Sentry Investment Group CA raised its stake in shares of Kimberly Clark by 2,385.0% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after buying an additional 954 shares in the last quarter. Heritage Trust Co raised its stake in shares of Kimberly Clark by 11.2% in the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after buying an additional 100 shares in the last quarter. Shamrock Asset Management LLC raised its stake in shares of Kimberly Clark by 220.5% in the 4th quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock valued at $134,000 after buying an additional 763 shares in the last quarter. Mosaic Family Wealth LLC raised its stake in shares of Kimberly Clark by 0.5% in the 2nd quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after buying an additional 6 shares in the last quarter. Finally, MPS Loria Financial Planners LLC acquired a new position in shares of Kimberly Clark in the 2nd quarter valued at $150,000. Hedge funds and other institutional investors own 71.69% of the company’s stock.

In related news, insider Kimberly K. Underhill sold 23,158 shares of Kimberly Clark stock in a transaction that occurred 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 owns 31,141 shares of the company’s stock, valued at approximately $3,729,757.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is owned by company insiders.

A number of equities research analysts recently issued reports on the stock. Barclays reiterated a “hold” rating on shares of Kimberly Clark in a research report on Thursday, October 26th. Zacks Investment Research cut shares of Kimberly Clark from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd. JPMorgan Chase & Co. cut shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $115.55 to $100.00 in a research report on Friday, October 20th. Citigroup set a $112.00 price objective on shares of Kimberly Clark and gave the stock a “sell” rating in a report on Wednesday, January 24th. Finally, Societe Generale raised shares of Kimberly Clark from a “hold” rating to a “buy” rating and increased their price objective for the stock from $112.05 to $144.00 in a report on Thursday, November 2nd. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company’s stock. Kimberly Clark currently has a consensus rating of “Hold” and an average target price of $126.44.

Kimberly Clark Corp (KMB) opened at $112.66 on Wednesday. Kimberly Clark Corp has a one year low of $109.51 and a one year high of $136.21. The firm has a market cap of $39,864.79, a P/E ratio of 18.25, a P/E/G ratio of 2.06 and a beta of 0.66. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89.

Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 earnings per share for the quarter, topping the 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 business had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.61 billion. During the same quarter last year, the firm earned $1.45 EPS. Kimberly Clark’s quarterly revenue was up .8% compared to the same quarter last year. analysts forecast that Kimberly Clark Corp will post 6.98 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be paid a dividend of $1.00 per share. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $4.00 annualized dividend and a yield of 3.55%. Kimberly Clark’s dividend payout ratio (DPR) is presently 60.53%.

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Kimberly Clark 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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