Kimberly-Clark Co. (NYSE:KMB) Stock Position Decreased by Leisure Capital Management

Leisure Capital Management cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,233 shares of the company’s stock after selling 95 shares during the quarter. Leisure Capital Management’s holdings in Kimberly-Clark were worth $393,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Czech National Bank boosted its position in shares of Kimberly-Clark by 48.0% in the third quarter. Czech National Bank now owns 59,112 shares of the company’s stock worth $7,144,000 after buying an additional 19,173 shares during the period. Handelsbanken Fonder AB boosted its position in shares of Kimberly-Clark by 4.6% in the third quarter. Handelsbanken Fonder AB now owns 288,735 shares of the company’s stock worth $34,894,000 after buying an additional 12,755 shares during the period. Connecticut Wealth Management LLC acquired a new stake in shares of Kimberly-Clark in the third quarter worth $201,000. First Personal Financial Services boosted its position in shares of Kimberly-Clark by 10.1% in the third quarter. First Personal Financial Services now owns 41,516 shares of the company’s stock worth $5,017,000 after buying an additional 3,808 shares during the period. Finally, Trust Co. of Toledo NA OH raised its holdings in Kimberly-Clark by 3.4% during the third quarter. Trust Co. of Toledo NA OH now owns 13,375 shares of the company’s stock valued at $1,616,000 after buying an additional 445 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Insider Activity at Kimberly-Clark

In related news, Director Mark T. Smucker acquired 827 shares of the stock in a transaction dated Monday, January 29th. The shares were bought at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the purchase, the director now owns 827 shares in the company, valued at approximately $100,050.46. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. In other news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now directly owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The shares were acquired at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at $100,050.46. The disclosure for this purchase can be found here. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

KMB traded down $1.19 on Friday, hitting $135.24. 2,123,919 shares of the stock traded hands, compared to its average volume of 2,437,404. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week 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. The firm has a market capitalization of $45.54 billion, a PE ratio of 24.86, a P/E/G ratio of 3.90 and a beta of 0.40. The business has a fifty day moving average price of $125.86 and a two-hundred day moving average price of $122.87.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period in the previous year, the company posted $1.67 earnings per share. The company’s quarterly revenue was down .9% compared to the same quarter last year. On average, research analysts predict that Kimberly-Clark Co. will post 6.98 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised their target price on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. Wells Fargo & Company raised their target price on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday. The Goldman Sachs Group raised their target price on Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank of Canada raised their target price on Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, UBS Group lifted their price objective on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday. Three research 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. According to MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $134.85.

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.