Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lowered its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,448 shares of the company’s stock after selling 178 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Kimberly-Clark were worth $1,634,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMB. FMR LLC increased its position in shares of Kimberly-Clark by 74.9% during the third quarter. FMR LLC now owns 2,442,610 shares of the company’s stock worth $295,189,000 after purchasing an additional 1,046,155 shares in the last quarter. American Century Companies Inc. increased its position in shares of Kimberly-Clark by 14.7% during the third quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock worth $603,815,000 after purchasing an additional 641,187 shares in the last quarter. Royal Bank of Canada increased its position in shares of Kimberly-Clark by 31.4% during the third quarter. Royal Bank of Canada now owns 2,197,184 shares of the company’s stock worth $265,530,000 after purchasing an additional 524,632 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of Kimberly-Clark by 552.4% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 456,458 shares of the company’s stock worth $55,163,000 after buying an additional 386,497 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Kimberly-Clark by 28.3% during the fourth quarter. Nordea Investment Management AB now owns 1,671,948 shares of the company’s stock worth $202,740,000 after buying an additional 368,505 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of KMB stock traded down $1.19 during midday trading on Friday, reaching $135.24. 2,123,919 shares of the company traded hands, compared to its average volume of 2,437,404. The firm’s 50 day simple moving average is $125.86 and its two-hundred day simple moving average is $122.87. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.09. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54. The firm has a market cap of $45.54 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.08 billion. During the same period in the previous year, the firm posted $1.67 EPS. The company’s quarterly revenue was down .9% compared to the same quarter last year. On average, equities research analysts expect that Kimberly-Clark Co. will post 6.98 EPS for the current fiscal year.

Insider Buying and Selling at Kimberly-Clark

In related news, Director Mark T. Smucker acquired 827 shares of the stock in a transaction dated Monday, January 29th. The stock was bought at an average cost of $120.98 per share, with a total value of $100,050.46. Following the purchase, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction on 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 completion of the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a filing with the SEC, which can be accessed through 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 cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on KMB shares. Wells Fargo & Company raised their price target on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a report on Wednesday. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Barclays raised their price target on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a report on Thursday. Evercore ISI raised Kimberly-Clark from an “in-line” rating to an “outperform” rating and raised their price target for the stock from $133.00 to $150.00 in a report on Thursday, March 28th. Finally, The Goldman Sachs Group lifted their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and an average 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.