Outlook Wealth Advisors LLC Cuts Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Outlook Wealth Advisors LLC lessened its holdings in Kimberly-Clark Co. (NYSE:KMB) by 5.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,726 shares of the company’s stock after selling 227 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $482,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First National Bank of Mount Dora Trust Investment Services grew its holdings in Kimberly-Clark by 1.7% during the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 4,817 shares of the company’s stock worth $623,000 after acquiring an additional 82 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of Kimberly-Clark by 2.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 3,860 shares of the company’s stock worth $456,000 after purchasing an additional 84 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Kimberly-Clark by 5.3% in the 4th quarter. Jones Financial Companies Lllp now owns 1,745 shares of the company’s stock valued at $212,000 after purchasing an additional 88 shares in the last quarter. Core Wealth Partners LLC boosted its holdings in Kimberly-Clark by 3.6% during the first quarter. Core Wealth Partners LLC now owns 2,547 shares of the company’s stock worth $329,000 after buying an additional 88 shares in the last quarter. Finally, Emerald Advisors LLC grew its position in Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after buying an additional 90 shares during the period. Institutional investors and hedge funds own 76.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Barclays boosted their target price on Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised their price target on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. UBS Group lifted their price target on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, HSBC increased their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research note 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $134.85.

Insiders Place Their Bets

In related news, Director Mark T. Smucker acquired 827 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was bought at an average price of $120.98 per share, with a total value of $100,050.46. Following the purchase, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the acquisition, the director now directly owns 827 shares in the company, valued at $100,050.46. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $109,050.15. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Trading Down 0.9 %

Shares of 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 1 year low of $116.32 and a 1 year high of $147.09. The stock’s 50 day moving average is $125.86 and its two-hundred day moving average is $122.87. The firm has a market capitalization of $45.54 billion, a P/E ratio of 24.86, a P/E/G ratio of 3.90 and a beta of 0.40. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05.

Kimberly-Clark (NYSE:KMB) last issued 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. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 EPS. As a group, sell-side analysts predict that Kimberly-Clark Co. will post 6.98 earnings per share for the current year.

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.