3,685 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by Wynn Capital LLC

Wynn Capital LLC bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) in the fourth quarter, Holdings Channel reports. The firm bought 3,685 shares of the company’s stock, valued at approximately $448,000.

Several other hedge funds have also recently bought and sold shares of the stock. Ziegler Capital Management LLC boosted its stake in Kimberly-Clark by 13.4% in the third quarter. Ziegler Capital Management LLC now owns 15,096 shares of the company’s stock valued at $1,824,000 after buying an additional 1,784 shares in the last quarter. DAVENPORT & Co LLC raised its stake in shares of Kimberly-Clark by 4.8% during the 3rd quarter. DAVENPORT & Co LLC now owns 78,163 shares of the company’s stock valued at $9,446,000 after purchasing an additional 3,595 shares during the period. KFG Wealth Management LLC raised its stake in shares of Kimberly-Clark by 11.9% during the 3rd quarter. KFG Wealth Management LLC now owns 4,838 shares of the company’s stock valued at $585,000 after purchasing an additional 516 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of Kimberly-Clark by 140.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 32,265 shares of the company’s stock valued at $3,899,000 after purchasing an additional 18,860 shares during the period. Finally, Private Trust Co. NA grew its position in Kimberly-Clark by 2.5% during the third quarter. Private Trust Co. NA now owns 6,467 shares of the company’s stock worth $782,000 after buying an additional 160 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KMB shares. HSBC boosted their target price on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft increased their target price on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research note on Thursday, March 28th. Citigroup raised their target price on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. Barclays raised their price objective on Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a research report on Friday, April 12th. Finally, UBS Group boosted their target price on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $135.21.

Kimberly-Clark Stock Performance

Shares of NYSE:KMB traded up $1.74 on Wednesday, hitting $137.78. The company’s stock had a trading volume of 3,550,944 shares, compared to its average volume of 2,222,973. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.87. The company has a market capitalization of $46.42 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.40. The stock’s 50-day moving average is $124.78 and its two-hundred day moving average is $122.55. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. During the same period last year, the business earned $1.67 EPS. The business’s quarterly revenue was down .9% on a year-over-year basis. On average, equities research analysts forecast that Kimberly-Clark Co. will post 6.84 EPS for the current year.

Insider Activity at Kimberly-Clark

In related news, insider Paula Ramos sold 10,178 shares of the stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the transaction, the insider now directly owns 795 shares of the company’s stock, valued at $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The disclosure for this sale can be found here. 0.62% of the stock is currently owned by corporate insiders.

About Kimberly-Clark

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.