Valeo Financial Advisors LLC Acquires New Holdings in Kimberly Clark Corp (KMB)

Valeo Financial Advisors LLC acquired a new stake in shares of Kimberly Clark Corp (NYSE:KMB) during the 3rd quarter, HoldingsChannel reports. The fund acquired 2,625 shares of the company’s stock, valued at approximately $309,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. San Francisco Sentry Investment Group CA lifted its holdings in Kimberly Clark by 2,385.0% during the third quarter. San Francisco Sentry Investment Group CA now owns 994 shares of the company’s stock valued at $117,000 after purchasing an additional 954 shares during the last quarter. Heritage Trust Co lifted its holdings in Kimberly Clark by 11.2% during the second quarter. Heritage Trust Co now owns 995 shares of the company’s stock valued at $128,000 after purchasing an additional 100 shares during the last quarter. Armbruster Capital Management Inc. lifted its holdings in Kimberly Clark by 15.9% during the second quarter. Armbruster Capital Management Inc. now owns 1,043 shares of the company’s stock valued at $135,000 after purchasing an additional 143 shares during the last quarter. Mosaic Family Wealth LLC lifted its holdings in Kimberly Clark by 0.5% during the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after purchasing an additional 6 shares during the last quarter. Finally, Acrospire Investment Management LLC lifted its holdings in Kimberly Clark by 33.3% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock valued at $155,000 after purchasing an additional 300 shares during the last quarter. 71.46% of the stock is currently owned by institutional investors and hedge funds.

Kimberly Clark Corp (KMB) opened at $112.98 on Tuesday. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. The firm has a market cap of $39,741.54, a P/E ratio of 18.64, a P/E/G ratio of 2.77 and a beta of 0.75. Kimberly Clark Corp has a 52-week low of $109.67 and a 52-week high of $136.21.

Kimberly Clark (NYSE:KMB) last posted its quarterly earnings data on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.65 billion. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. Kimberly Clark’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.52 earnings per share. analysts anticipate that Kimberly Clark Corp will post 6.2 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Friday, December 8th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Thursday, December 7th. Kimberly Clark’s dividend payout ratio (DPR) is 64.03%.

Several research firms have commented on KMB. Zacks Investment Research raised shares of Kimberly Clark from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Bank of America lowered their price target on shares of Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a report on Tuesday, October 24th. Citigroup downgraded shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target on the stock. in a report on Monday, December 11th. Deutsche Bank started coverage on shares of Kimberly Clark in a report on Wednesday, December 13th. They issued a “hold” rating and a $121.00 price target on the stock. Finally, Wells Fargo & Co lowered their price target on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating on the stock in a report on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $126.50.

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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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