CVA Family Office LLC Buys 133 Shares of Kimberly-Clark Co. $KMB

CVA Family Office LLC raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 14.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,025 shares of the company’s stock after acquiring an additional 133 shares during the quarter. CVA Family Office LLC’s holdings in Kimberly-Clark were worth $132,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. AG2R LA Mondiale Gestion D Actifs lifted its stake in shares of Kimberly-Clark by 3.3% in the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 12,946 shares of the company’s stock valued at $1,669,000 after purchasing an additional 414 shares during the period. Focus Partners Advisor Solutions LLC raised its holdings in Kimberly-Clark by 2.4% in the second quarter. Focus Partners Advisor Solutions LLC now owns 12,376 shares of the company’s stock worth $1,595,000 after purchasing an additional 285 shares in the last quarter. Allied Investment Advisors LLC lifted its position in Kimberly-Clark by 2.5% during the second quarter. Allied Investment Advisors LLC now owns 76,036 shares of the company’s stock valued at $9,803,000 after buying an additional 1,857 shares during the period. CNB Bank boosted its holdings in shares of Kimberly-Clark by 27.5% during the 2nd quarter. CNB Bank now owns 903 shares of the company’s stock valued at $116,000 after buying an additional 195 shares in the last quarter. Finally, Sage Mountain Advisors LLC grew its position in shares of Kimberly-Clark by 38.6% in the 2nd quarter. Sage Mountain Advisors LLC now owns 5,013 shares of the company’s stock worth $646,000 after buying an additional 1,396 shares during the period. Institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Citigroup lowered their price target on shares of Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating for the company in a research report on Thursday, October 9th. Wells Fargo & Company lowered their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a report on Thursday, September 25th. JPMorgan Chase & Co. cut their price target on Kimberly-Clark from $144.00 to $127.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Evercore ISI lowered their price objective on Kimberly-Clark from $155.00 to $150.00 and set an “outperform” rating for the company in a research note on Monday, September 22nd. Finally, Barclays cut their target price on Kimberly-Clark from $139.00 to $131.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $137.00.

Kimberly-Clark Stock Performance

KMB opened at $118.93 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The company’s 50 day moving average is $125.24 and its 200 day moving average is $130.70. The company has a market cap of $39.46 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 4.46 and a beta of 0.30. Kimberly-Clark Co. has a 12-month low of $117.49 and a 12-month high of $150.45.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Friday, August 1st. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.25. The company had revenue of $4.16 billion for the quarter, compared to analysts’ expectations of $4.85 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Kimberly-Clark’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.96 EPS. On average, equities research analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Friday, September 5th were issued a dividend of $1.26 per share. The ex-dividend date was Friday, September 5th. This represents a $5.04 dividend on an annualized basis and a yield of 4.2%. Kimberly-Clark’s payout ratio is presently 69.42%.

Kimberly-Clark Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products in the United States. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The company’s Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex, and other brand names.