Kimberly Clark Corp (KMB) Shares Sold by Vantage Investment Partners LLC
Vantage Investment Partners LLC decreased its position in Kimberly Clark Corp (NYSE:KMB) by 89.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,513 shares of the company’s stock after selling 79,340 shares during the quarter. Vantage Investment Partners LLC’s holdings in Kimberly Clark were worth $1,147,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Capital Research Global Investors grew its stake in shares of Kimberly Clark by 46.6% in the second quarter. Capital Research Global Investors now owns 10,037,901 shares of the company’s stock worth $1,295,993,000 after acquiring an additional 3,191,549 shares in the last quarter. Andra AP fonden grew its stake in shares of Kimberly Clark by 15.0% in the third quarter. Andra AP fonden now owns 120,700 shares of the company’s stock worth $14,204,000 after acquiring an additional 15,700 shares in the last quarter. Alps Advisors Inc. grew its stake in shares of Kimberly Clark by 5.4% in the third quarter. Alps Advisors Inc. now owns 384,600 shares of the company’s stock worth $45,260,000 after acquiring an additional 19,587 shares in the last quarter. Accident Compensation Corp grew its stake in shares of Kimberly Clark by 42.6% in the third quarter. Accident Compensation Corp now owns 18,254 shares of the company’s stock worth $2,148,000 after acquiring an additional 5,454 shares in the last quarter. Finally, Willis Investment Counsel grew its stake in shares of Kimberly Clark by 15.2% in the third quarter. Willis Investment Counsel now owns 166,300 shares of the company’s stock worth $19,570,000 after acquiring an additional 21,900 shares in the last quarter. 73.66% of the stock is currently owned by institutional investors.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $119.77, for a total value of $2,773,633.66. Following the completion of the sale, the insider now directly owns 31,141 shares of the company’s stock, valued at $3,729,757.57. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.56% of the stock is owned by insiders.
Kimberly Clark Corp (NYSE:KMB) opened at $111.94 on Friday. The company has a debt-to-equity ratio of 7.34, a quick ratio of 0.58 and a current ratio of 0.89. The company has a market cap of $39,258.03, a price-to-earnings ratio of 17.46, a P/E/G ratio of 2.02 and a beta of 0.69. Kimberly Clark Corp has a 12 month low of $109.51 and a 12 month high of $135.22.
Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $4.61 billion. During the same quarter in the previous year, the firm posted $1.45 earnings per share. The company’s revenue was up .8% compared to the same quarter last year. analysts expect that Kimberly Clark Corp will post 7 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be given a $1.00 dividend. The ex-dividend date is Thursday, March 8th. This is a boost from Kimberly Clark’s previous quarterly dividend of $0.97. This represents a $4.00 dividend on an annualized basis and a yield of 3.57%. Kimberly Clark’s payout ratio is 62.40%.
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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