Community Bank N.A. Sells 450 Shares of Kimberly-Clark Co. (NYSE:KMB)

Community Bank N.A. lessened its position in Kimberly-Clark Co. (NYSE:KMB) by 4.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,572 shares of the company’s stock after selling 450 shares during the period. Community Bank N.A.’s holdings in Kimberly-Clark were worth $1,285,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KMB. FMR LLC boosted its stake in shares of Kimberly-Clark by 74.9% during the 3rd quarter. FMR LLC now owns 2,442,610 shares of the company’s stock valued at $295,189,000 after purchasing an additional 1,046,155 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Kimberly-Clark by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after purchasing an additional 641,187 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Kimberly-Clark by 31.4% during the 3rd quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock valued at $265,530,000 after purchasing an additional 524,632 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Kimberly-Clark by 552.4% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 456,458 shares of the company’s stock valued at $55,163,000 after purchasing an additional 386,497 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in Kimberly-Clark by 28.3% in the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after purchasing an additional 368,505 shares during the period. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB traded down $1.08 during trading on Thursday, hitting $136.70. 1,484,134 shares of the company traded hands, compared to its average volume of 2,212,407. The company has a market cap of $46.06 billion, a PE ratio of 25.13, a P/E/G ratio of 4.05 and a beta of 0.40. The stock’s 50-day simple moving average is $125.17 and its two-hundred day simple moving average is $122.66. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.09. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. During the same period last year, the company posted $1.67 EPS. The business’s revenue was down .9% on a year-over-year basis. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 6.84 earnings per share for the current fiscal year.

Insider Transactions at Kimberly-Clark

In related news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark T. Smucker purchased 827 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The stock was acquired at an average price of $120.98 per share, with a total value of $100,050.46. Following the acquisition, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. Company insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday. The Goldman Sachs Group increased their price objective on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday. Evercore ISI upgraded shares of Kimberly-Clark from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $133.00 to $150.00 in a research report on Thursday, March 28th. HSBC increased their price target on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Royal Bank of Canada increased their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and an average target price of $135.50.

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.