Kapstone Financial Advisors LLC Sells 136 Shares of Kimberly-Clark Co. (NYSE:KMB)

Kapstone Financial Advisors LLC lowered its position in Kimberly-Clark Co. (NYSE:KMB) by 5.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,517 shares of the company’s stock after selling 136 shares during the period. Kapstone Financial Advisors LLC’s holdings in Kimberly-Clark were worth $359,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KMB. William B. Walkup & Associates Inc. bought a new position in shares of Kimberly-Clark in the second quarter valued at approximately $26,000. Crewe Advisors LLC bought a new position in shares of Kimberly-Clark in the first quarter valued at approximately $27,000. New Millennium Group LLC bought a new position in shares of Kimberly-Clark in the second quarter valued at approximately $28,000. Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark in the second quarter valued at approximately $32,000. Finally, DiNuzzo Private Wealth Inc. increased its holdings in shares of Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on KMB. UBS Group lowered their price target on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a report on Tuesday, October 8th. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. Finally, Barclays raised their price target on shares of Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Trading Down 0.4 %

Shares of NYSE KMB traded down $0.52 during midday trading on Thursday, reaching $131.67. 235,684 shares of the stock were exchanged, compared to its average volume of 2,099,366. The business has a 50-day simple moving average of $140.08 and a two-hundred day simple moving average of $139.18. The company has a market capitalization of $43.91 billion, a price-to-earnings ratio of 17.15, a P/E/G ratio of 2.78 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $1.74 earnings per share. As a group, equities research analysts expect that Kimberly-Clark Co. will post 7.26 EPS for the current year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 3.71%. Kimberly-Clark’s dividend payout ratio is currently 63.29%.

Kimberly-Clark Company 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.