G&S Capital LLC bought a new stake in Kimberly Clark Corp (NYSE:KMB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,737 shares of the company’s stock, valued at approximately $813,000.
Several other hedge funds also recently bought and sold shares of KMB. Captrust Financial Advisors bought a new stake in Kimberly Clark during the fourth quarter worth $275,000. Two Sigma Advisers LP lifted its holdings in Kimberly Clark by 94.1% during the fourth quarter. Two Sigma Advisers LP now owns 2,050,420 shares of the company’s stock worth $247,404,000 after acquiring an additional 993,961 shares during the period. Stone Ridge Asset Management LLC bought a new stake in Kimberly Clark during the fourth quarter worth $998,000. Guggenheim Capital LLC lifted its holdings in Kimberly Clark by 1.6% during the fourth quarter. Guggenheim Capital LLC now owns 565,157 shares of the company’s stock worth $68,192,000 after acquiring an additional 8,816 shares during the period. Finally, QS Investors LLC lifted its holdings in Kimberly Clark by 6.2% during the fourth quarter. QS Investors LLC now owns 196,238 shares of the company’s stock worth $23,678,000 after acquiring an additional 11,448 shares during the period. Institutional investors own 74.57% of the company’s stock.
KMB has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Kimberly Clark from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Citigroup lowered Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target on the stock. in a report on Monday, December 11th. Finally, Deutsche Bank initiated coverage on Kimberly Clark in a report on Wednesday, December 13th. They set a “hold” rating and a $121.00 price target on the stock. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $125.87.
Shares of Kimberly Clark Corp (NYSE KMB) opened at $113.06 on Tuesday. The stock has a market capitalization of $39,258.06, a price-to-earnings ratio of 17.97, a price-to-earnings-growth ratio of 2.02 and a beta of 0.69. The company has a debt-to-equity ratio of 7.34, a current ratio of 0.89 and a quick ratio of 0.58. Kimberly Clark Corp has a one year low of $109.51 and a one year high of $135.22.
Kimberly Clark (NYSE:KMB) last issued its earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.03. The firm had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.61 billion. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $1.45 earnings per share. equities research analysts predict that Kimberly Clark Corp will post 7 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Shareholders of record on Friday, March 9th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. This represents a $4.00 annualized dividend and a dividend yield of 3.54%. Kimberly Clark’s payout ratio is presently 62.40%.
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.
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