Van Hulzen Asset Management LLC grew its position in Kimberly Clark Corp (NYSE:KMB) by 100.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,358 shares of the company’s stock after purchasing an additional 3,690 shares during the period. Van Hulzen Asset Management LLC’s holdings in Kimberly Clark were worth $888,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the business. San Francisco Sentry Investment Group CA boosted its stake in shares of Kimberly Clark by 2,385.0% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock worth $117,000 after acquiring an additional 954 shares in the last quarter. Heritage Trust Co boosted its stake in shares of Kimberly Clark by 11.2% during the 2nd quarter. Heritage Trust Co now owns 995 shares of the company’s stock worth $128,000 after acquiring an additional 100 shares in the last quarter. Shamrock Asset Management LLC boosted its stake in shares of Kimberly Clark by 220.5% during the 4th quarter. Shamrock Asset Management LLC now owns 1,109 shares of the company’s stock worth $134,000 after acquiring an additional 763 shares in the last quarter. MPS Loria Financial Planners LLC bought a new stake in shares of Kimberly Clark during the 2nd quarter worth about $150,000. Finally, Acrospire Investment Management LLC boosted its stake in shares of Kimberly Clark by 33.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $155,000 after acquiring an additional 300 shares in the last quarter. 72.97% of the stock is currently owned by institutional investors.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the completion of the sale, the insider now owns 31,141 shares in the company, valued at approximately $3,729,757.57. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.56% of the stock is owned by corporate insiders.
Shares of Kimberly Clark Corp (NYSE:KMB) opened at $112.34 on Wednesday. Kimberly Clark Corp has a 52 week low of $109.51 and a 52 week high of $135.22. The firm has a market capitalization of $40,141.84, a P/E ratio of 17.53, a P/E/G ratio of 2.07 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 announced its earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.03. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. 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 prior year, the company earned $1.45 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. equities analysts forecast that Kimberly Clark Corp will post 6.98 earnings per share for the current year.
The firm also recently announced 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 an increase 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 3.56%. Kimberly Clark’s dividend payout ratio is presently 60.53%.
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About Kimberly Clark
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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