Two Sigma Investments LP cut its holdings in Kimberly Clark Corp (NYSE:KMB) by 33.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 669,375 shares of the company’s stock after selling 342,488 shares during the quarter. Two Sigma Investments LP’s holdings in Kimberly Clark were worth $80,767,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. boosted its holdings in shares of Kimberly Clark by 4.9% in the fourth quarter. BlackRock Inc. now owns 25,795,326 shares of the company’s stock valued at $3,112,464,000 after acquiring an additional 1,212,672 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Kimberly Clark by 2.2% in the second quarter. Vanguard Group Inc. now owns 24,766,774 shares of the company’s stock valued at $3,197,638,000 after acquiring an additional 537,794 shares in the last quarter. Capital Research Global Investors boosted its holdings 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 valued at $1,295,993,000 after acquiring an additional 3,191,549 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Kimberly Clark by 0.8% in the fourth quarter. Wells Fargo & Company MN now owns 5,724,192 shares of the company’s stock valued at $690,679,000 after acquiring an additional 45,468 shares in the last quarter. Finally, American International Group Inc. boosted its holdings in shares of Kimberly Clark by 2,507.7% in the fourth quarter. American International Group Inc. now owns 4,397,893 shares of the company’s stock valued at $530,650,000 after acquiring an additional 4,229,240 shares in the last quarter. Institutional investors own 74.57% of the company’s stock.
In other Kimberly Clark news, insider Kimberly K. Underhill sold 23,158 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 31,141 shares of the company’s stock, valued at $3,729,757.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is owned by corporate insiders.
Kimberly Clark Corp (KMB) traded up $0.43 during mid-day trading on Monday, reaching $112.37. 186,765 shares of the company were exchanged, compared to its average volume of 2,437,009. The stock has a market capitalization of $39,260.00, a P/E ratio of 18.08, a P/E/G ratio of 2.02 and a beta of 0.69. Kimberly Clark Corp has a 52-week low of $109.51 and a 52-week high of $135.22. The company has a current ratio of 0.89, a quick ratio of 0.58 and a debt-to-equity ratio of 7.34.
Kimberly Clark (NYSE:KMB) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $4.61 billion. During the same quarter in the previous year, the firm earned $1.45 earnings per share. The firm’s revenue was up .8% on a year-over-year basis. analysts predict that Kimberly Clark Corp will post 7 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 9th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Thursday, March 8th. This is an increase from Kimberly Clark’s previous quarterly dividend of $0.97. Kimberly Clark’s dividend payout ratio is 64.62%.
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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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