Capital Analysts LLC Grows Stake in Kimberly-Clark Co. (NYSE:KMB)

Capital Analysts LLC boosted its position in Kimberly-Clark Co. (NYSE:KMB) by 62.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,365 shares of the company’s stock after purchasing an additional 523 shares during the period. Capital Analysts LLC’s holdings in Kimberly-Clark were worth $179,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of KMB. Marshall Investment Management LLC purchased a new position in Kimberly-Clark during the fourth quarter worth $25,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Kimberly-Clark during the fourth quarter worth $25,000. Roxbury Financial LLC purchased a new position in Kimberly-Clark during the fourth quarter worth $33,000. Golden State Wealth Management LLC purchased a new position in Kimberly-Clark during the fourth quarter worth $32,000. Finally, Synergy Asset Management LLC purchased a new position in Kimberly-Clark during the fourth quarter worth $35,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Citigroup lowered their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. Barclays dropped their price objective on shares of Kimberly-Clark from $139.00 to $135.00 and set an “equal weight” rating for the company in a research note on Thursday, April 24th. TD Cowen downgraded shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective for the company. in a research note on Wednesday, January 8th. UBS Group upped their price objective on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a “neutral” rating in a research note on Thursday, April 17th. Finally, Royal Bank of Canada dropped their price objective on shares of Kimberly-Clark from $165.00 to $162.00 and set an “outperform” rating for the company in a research note on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $145.08.

Kimberly-Clark Stock Down 0.5 %

KMB opened at $130.90 on Tuesday. The firm has a 50 day moving average price of $139.48 and a 200 day moving average price of $135.38. The company has a market cap of $43.43 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.04. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter last year, the company earned $2.01 earnings per share. Sell-side analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Insider Activity

In other news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.64% of the company’s stock.

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.