Boston Private Wealth LLC Buys 3,536 Shares of Kimberly Clark Corp (NYSE:KMB)

Boston Private Wealth LLC boosted its holdings in shares of Kimberly Clark Corp (NYSE:KMB) by 14.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,763 shares of the company’s stock after buying an additional 3,536 shares during the period. Boston Private Wealth LLC’s holdings in Kimberly Clark were worth $3,385,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of KMB. Barings LLC boosted its stake in Kimberly Clark by 16.2% during the 1st quarter. Barings LLC now owns 7,755 shares of the company’s stock valued at $1,021,000 after purchasing an additional 1,080 shares during the period. Tudor Investment Corp ET AL bought a new stake in Kimberly Clark during the 1st quarter valued at approximately $356,000. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Kimberly Clark by 9.6% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 12,490 shares of the company’s stock valued at $1,644,000 after purchasing an additional 1,090 shares during the period. IHT Wealth Management LLC boosted its stake in Kimberly Clark by 1.2% during the 1st quarter. IHT Wealth Management LLC now owns 2,712 shares of the company’s stock valued at $357,000 after purchasing an additional 31 shares during the period. Finally, Archford Capital Strategies LLC raised its holdings in Kimberly Clark by 3.1% in the 1st quarter. Archford Capital Strategies LLC now owns 12,491 shares of the company’s stock valued at $1,648,000 after acquiring an additional 375 shares in the last quarter. 71.46% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly Clark Corp (NYSE:KMB) opened at $112.98 on Tuesday. The stock has a market capitalization of $39,741.54, a price-to-earnings ratio of 18.64, a PEG ratio of 2.77 and a beta of 0.75. Kimberly Clark Corp has a 12-month low of $109.67 and a 12-month high of $136.21. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64.

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

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend was Thursday, December 7th. Kimberly Clark’s dividend payout ratio is currently 64.03%.

KMB has been the subject of several recent research reports. Societe Generale raised Kimberly Clark from a “hold” rating to a “buy” rating and upped their price target for the company from $112.05 to $144.00 in a report on Thursday, November 2nd. Zacks Investment Research raised Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 price target for the company in a report on Wednesday, January 10th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $121.00 price target on shares of Kimberly Clark in a report on Friday, October 13th. Citigroup reissued a “hold” rating and issued a $125.00 target price (down from $131.00) on shares of Kimberly Clark in a report on Tuesday, October 24th. Finally, Barclays reissued a “hold” rating on shares of Kimberly Clark in a report on Thursday, October 26th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target 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.

Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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