Leisure Capital Management Reduces Holdings in Kimberly-Clark Co. (NYSE:KMB)

Leisure Capital Management trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 2.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in KMB. Cranbrook Wealth Management LLC raised its holdings in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares in the last quarter. OFI Invest Asset Management bought a new position in Kimberly-Clark in the third quarter worth about $25,000. Centerpoint Advisors LLC raised its holdings in Kimberly-Clark by 175.0% in the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new position in Kimberly-Clark in the fourth quarter worth about $35,000. Finally, Bruce G. Allen Investments LLC bought a new position in Kimberly-Clark in the fourth quarter worth about $37,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

KMB has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. The Goldman Sachs Group upped their price objective on shares of Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday. HSBC upped their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday. Wells Fargo & Company upped their price objective on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, UBS Group upped their price objective on shares of Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and an average price target of $134.85.

Kimberly-Clark Stock Performance

NYSE KMB traded down $1.19 during trading hours on Friday, reaching $135.24. The stock had a trading volume of 2,123,919 shares, compared to its average volume of 2,437,404. The stock has a fifty day moving average of $125.86 and a 200 day moving average of $122.87. The stock has a market cap of $45.54 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. Kimberly-Clark Co. has a 52-week low of $116.32 and a 52-week high of $147.09. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 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 business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same quarter in the prior year, the firm posted $1.67 EPS. The business’s quarterly revenue was down .9% compared to the same quarter last year. Sell-side analysts predict that Kimberly-Clark Co. will post 6.98 earnings per share for the current year.

Insiders Place Their Bets

In other Kimberly-Clark 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 owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other 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 transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mark T. Smucker acquired 827 shares of Kimberly-Clark stock in a transaction that occurred on Monday, January 29th. The stock was purchased at an average cost of $120.98 per share, with a total value of $100,050.46. Following the completion of the purchase, the director now owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. Insiders own 0.62% of the company’s stock.

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.