Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Bfsg LLC

Bfsg LLC cut its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 15.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,034 shares of the company’s stock after selling 557 shares during the quarter. Bfsg LLC’s holdings in Kimberly-Clark were worth $369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OFI Invest Asset Management purchased a new position in Kimberly-Clark in the third quarter valued at about $25,000. Cranbrook Wealth Management LLC raised its stake in Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Centerpoint Advisors LLC raised its stake in Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after buying an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $35,000. Finally, Legacy Financial Group LLC acquired a new stake in shares of Kimberly-Clark during the 3rd quarter worth approximately $37,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Trading Up 1.3 %

KMB stock traded up $1.74 during trading on Wednesday, hitting $137.78. The company had a trading volume of 3,551,077 shares, compared to its average volume of 2,222,973. The firm has a 50-day moving average price of $124.78 and a 200-day moving average price of $122.55. The stock has a market cap of $46.42 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 3.83 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. During the same quarter in the previous year, the business earned $1.67 EPS. The firm’s revenue was down .9% on a year-over-year basis. As a group, analysts predict that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Insider Activity

In related news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $121.00, for a total value of $450,120.00. Following the completion of the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark T. Smucker bought 827 shares of Kimberly-Clark stock in a transaction that occurred on Monday, January 29th. The stock was bought at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KMB. Citigroup raised their target price on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research report on Wednesday. HSBC raised their target price on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday. Wells Fargo & Company raised their price target on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research report on Wednesday. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Finally, Barclays lifted their price objective on Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a report on Friday, April 12th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $135.21.

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.