Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Cannell & Co.

Cannell & Co. lessened its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,573 shares of the company’s stock after selling 200 shares during the quarter. Cannell & Co.’s holdings in Kimberly-Clark were worth $2,014,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cranbrook Wealth Management LLC increased its holdings in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. OFI Invest Asset Management purchased a new stake in Kimberly-Clark in the 3rd quarter worth $25,000. Centerpoint Advisors LLC increased its holdings in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after acquiring an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in Kimberly-Clark in the 4th quarter worth $35,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in Kimberly-Clark in the 4th quarter worth $37,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Trading Down 0.0 %

Shares of KMB stock opened at $136.47 on Thursday. The company’s 50-day moving average price is $126.88 and its 200-day moving average price is $123.24. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. The stock has a market cap of $45.95 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 3.89 and a beta of 0.38. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.02.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating 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 company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. Kimberly-Clark’s revenue for the quarter was down .9% compared to the same quarter last year. As a group, equities analysts predict that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now owns 795 shares of the company’s stock, valued at $109,050.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of the business’s 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 sale, the insider now directly owns 795 shares in the company, valued at $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Doug Cunningham sold 1,040 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $136.86, for a total transaction of $142,334.40. Following the sale, the insider now owns 3,833 shares in the company, valued at $524,584.38. The disclosure for this sale can be found here. Insiders have sold 18,062 shares of company stock valued at $2,466,270 over the last 90 days. 0.62% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on KMB shares. Citigroup boosted their price target on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Kimberly-Clark from $127.00 to $132.00 and gave the stock a “hold” rating in a report on Thursday, March 28th. Wells Fargo & Company upped their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 24th. UBS Group upped their target price on shares of Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Finally, HSBC upped their target price on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $134.85.

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.