FCM Investments TX held its position in shares of Kimberly-Clark Corporation (NYSE:KMB) during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 7,380 shares of the company’s stock at the end of the first quarter. FCM Investments TX’s holdings in Kimberly-Clark Corporation were worth $971,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the stock. HBK Sorce Advisory LLC increased its stake in Kimberly-Clark Corporation by 384.0% in the third quarter. HBK Sorce Advisory LLC now owns 31,457 shares of the company’s stock worth $845,000 after buying an additional 24,958 shares during the last quarter. FormulaFolio Investments LLC purchased a new position in Kimberly-Clark Corporation during the third quarter valued at about $1,325,000. Girard Partners LTD. raised its stake in Kimberly-Clark Corporation by 5.4% in the third quarter. Girard Partners LTD. now owns 10,185 shares of the company’s stock valued at $1,285,000 after buying an additional 519 shares in the last quarter. Analytic Investors LLC raised its stake in Kimberly-Clark Corporation by 19.5% in the third quarter. Analytic Investors LLC now owns 1,749,167 shares of the company’s stock valued at $220,640,000 after buying an additional 285,646 shares in the last quarter. Finally, Amtrust Financial Services Inc. bought a new stake in Kimberly-Clark Corporation during the fourth quarter valued at $1,027,000. 70.05% of the stock is currently owned by institutional investors.
Kimberly-Clark Corporation (NYSE KMB) traded up 1.97% on Monday, hitting $132.78. The stock had a trading volume of 1,595,669 shares. The stock has a market cap of $47.13 billion, a P/E ratio of 21.91 and a beta of 0.79. The company’s 50 day moving average is $128.78 and its 200-day moving average is $125.64. Kimberly-Clark Corporation has a 12 month low of $111.30 and a 12 month high of $138.87.
Kimberly-Clark Corporation (NYSE:KMB) last posted its earnings results on Monday, April 24th. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.03. The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.50 billion. Kimberly-Clark Corporation had a return on equity of 602.48% and a net margin of 11.99%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.53 earnings per share. Analysts forecast that Kimberly-Clark Corporation will post $6.28 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Friday, June 9th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $3.88 annualized dividend and a dividend yield of 2.92%. Kimberly-Clark Corporation’s dividend payout ratio is currently 64.13%.
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A number of equities analysts have issued reports on KMB shares. Societe Generale downgraded shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $139.00 to $144.00 in a report on Friday, March 10th. Zacks Investment Research downgraded shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating in a report on Thursday, April 13th. Vetr cut Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and set a $139.00 price objective on the stock. in a research note on Tuesday, April 18th. J P Morgan Chase & Co started coverage on Kimberly-Clark Corporation in a research report on Tuesday, March 21st. They set a “neutral” rating and a $139.00 price target on the stock. Finally, TheStreet upgraded shares of Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and one has issued a buy rating to the company. Kimberly-Clark Corporation currently has a consensus rating of “Hold” and a consensus price target of $134.62.
In other news, SVP Sandra Macquillan sold 5,081 shares of the firm’s stock in a transaction on Monday, May 1st. The stock was sold at an average price of $129.82, for a total transaction of $659,615.42. Following the completion of the transaction, the senior vice president now directly owns 5,364 shares in the company, valued at $696,354.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Sergio Cruz sold 7,078 shares of the firm’s stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total value of $920,210.78. Following the transaction, the insider now owns 4,910 shares of the company’s stock, valued at $638,349.10. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,267 shares of company stock valued at $4,155,862. Company insiders own 0.56% of the company’s stock.
Kimberly-Clark Corporation Company 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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