Kimberly-Clark Corporation (KMB) Position Lessened by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. lessened its holdings in Kimberly-Clark Corporation (NYSE:KMB) by 1.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,934 shares of the company’s stock after selling 185 shares during the period. Buckingham Capital Management Inc.’s holdings in Kimberly-Clark Corporation were worth $2,057,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mutual of America Capital Management LLC increased its stake in Kimberly-Clark Corporation by 18.5% in the first quarter. Mutual of America Capital Management LLC now owns 49,574 shares of the company’s stock valued at $6,525,000 after acquiring an additional 7,735 shares during the last quarter. Buckingham Asset Management LLC increased its stake in Kimberly-Clark Corporation by 49.4% in the first quarter. Buckingham Asset Management LLC now owns 3,651 shares of the company’s stock valued at $481,000 after acquiring an additional 1,207 shares during the last quarter. Heritage Trust Co bought a new position in Kimberly-Clark Corporation in the first quarter valued at $118,000. Outfitter Advisors LTD. increased its stake in Kimberly-Clark Corporation by 0.8% in the first quarter. Outfitter Advisors LTD. now owns 40,090 shares of the company’s stock valued at $5,277,000 after acquiring an additional 300 shares during the last quarter. Finally, Ffcm LLC increased its stake in Kimberly-Clark Corporation by 5.4% in the first quarter. Ffcm LLC now owns 16,533 shares of the company’s stock valued at $2,177,000 after acquiring an additional 843 shares during the last quarter. Institutional investors own 70.40% of the company’s stock.

Shares of Kimberly-Clark Corporation (NYSE KMB) opened at $114.55 on Wednesday. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.64 and a current ratio of 0.97. The firm has a market cap of $40,596.31, a PE ratio of 18.89, a PEG ratio of 3.00 and a beta of 0.74. Kimberly-Clark Corporation has a 1-year low of $109.67 and a 1-year high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last posted its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.65 billion. Kimberly-Clark Corporation had a net margin of 11.89% and a return on equity of 666.97%. Kimberly-Clark Corporation’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.52 earnings per share. research analysts predict that Kimberly-Clark Corporation will post 6.2 EPS for the current year.

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A number of research analysts recently commented on KMB shares. Societe Generale raised Kimberly-Clark Corporation from a “hold” rating to a “buy” rating and increased their target price for the company from $112.05 to $144.00 in a research note on Thursday, November 2nd. Berenberg Bank reissued a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. set a $132.00 target price on Kimberly-Clark Corporation and gave the company a “hold” rating in a research note on Wednesday, July 26th. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $119.00 target price on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company’s stock. Kimberly-Clark Corporation presently has a consensus rating of “Hold” and a consensus price target of $127.14.

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.

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

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