Unigestion Holding SA Has $5.01 Million Stake in Kimberly Clark Corp (KMB)

Unigestion Holding SA decreased its stake in Kimberly Clark Corp (NYSE:KMB) by 15.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 44,100 shares of the company’s stock after selling 7,752 shares during the quarter. Unigestion Holding SA’s holdings in Kimberly Clark were worth $5,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in KMB. Exchange Capital Management Inc. grew its holdings in Kimberly Clark by 800.0% during the third quarter. Exchange Capital Management Inc. now owns 900 shares of the company’s stock worth $102,000 after purchasing an additional 800 shares during the period. Arlington Partners LLC bought a new position in Kimberly Clark during the third quarter worth about $114,000. Braun Bostich & Associates Inc. grew its holdings in Kimberly Clark by 1,426.9% during the second quarter. Braun Bostich & Associates Inc. now owns 1,023 shares of the company’s stock worth $108,000 after purchasing an additional 956 shares during the period. Fort L.P. bought a new position in Kimberly Clark during the second quarter worth about $125,000. Finally, Polaris Greystone Financial Group LLC grew its holdings in Kimberly Clark by 698.7% during the third quarter. Polaris Greystone Financial Group LLC now owns 1,246 shares of the company’s stock worth $142,000 after purchasing an additional 1,090 shares during the period. Institutional investors own 74.43% of the company’s stock.

In other news, insider Anthony J. Palmer sold 6,445 shares of the business’s stock in a transaction that occurred on Thursday, August 16th. The stock was sold at an average price of $117.34, for a total transaction of $756,256.30. Following the completion of the sale, the insider now owns 6,122 shares in the company, valued at $718,355.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.64% of the company’s stock.

A number of equities analysts recently commented on KMB shares. Morgan Stanley lifted their price target on Kimberly Clark from $94.00 to $102.00 and gave the stock a “sell” rating in a report on Friday, August 31st. Deutsche Bank cut Kimberly Clark from a “hold” rating to a “sell” rating and set a $99.00 price target for the company. in a report on Wednesday, October 10th. Goldman Sachs Group cut Kimberly Clark from a “buy” rating to a “neutral” rating and set a $119.00 price target for the company. in a report on Monday, October 8th. Wells Fargo & Co lifted their price target on Kimberly Clark from $97.00 to $105.00 and gave the stock a “market perform” rating in a report on Wednesday, October 17th. Finally, Atlantic Securities started coverage on Kimberly Clark in a report on Thursday, September 20th. They set an “underweight” rating and a $114.00 price target for the company. Five investment analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $105.64.

Shares of NYSE:KMB opened at $109.45 on Friday. Kimberly Clark Corp has a 12-month low of $97.10 and a 12-month high of $123.77. The company has a market cap of $37.22 billion, a PE ratio of 17.57, a PEG ratio of 2.61 and a beta of 0.67. The company has a debt-to-equity ratio of 51.24, a current ratio of 0.75 and a quick ratio of 0.49.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, October 22nd. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.07. Kimberly Clark had a return on equity of 535.49% and a net margin of 8.74%. The company had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $4.52 billion. During the same quarter in the previous year, the company posted $1.60 earnings per share. The business’s revenue was down 1.8% on a year-over-year basis. As a group, sell-side analysts predict that Kimberly Clark Corp will post 6.69 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://www.com-unik.info/2018/11/10/unigestion-holding-sa-has-5-01-million-stake-in-kimberly-clark-corp-kmb.html.

About Kimberly Clark

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

Further Reading: What are the reasons investors use put options?

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly Clark Corp (NYSE:KMB).

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

Receive News & Ratings for Kimberly Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly Clark and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit