Jefferies Group LLC reiterated their hold rating on shares of Kimberly-Clark Corporation (NYSE:KMB) in a research report released on Thursday morning. The firm currently has a $119.00 price objective on the stock.

Several other research firms have also recently commented on KMB. Berenberg Bank reissued a hold rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Citigroup Inc. set a $134.00 target price on Kimberly-Clark Corporation and gave the company a sell rating in a research note on Friday, July 7th. Royal Bank Of Canada reissued a sector perform rating and issued a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Wednesday, July 26th. Zacks Investment Research raised Kimberly-Clark Corporation from a sell rating to a hold rating in a research note on Thursday, August 24th. Finally, BidaskClub cut Kimberly-Clark Corporation from a buy rating to a hold rating in a research note on Saturday, July 1st. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has issued a buy rating to the stock. Kimberly-Clark Corporation has a consensus rating of Hold and a consensus price target of $132.86.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded down 1.67% during mid-day trading on Thursday, hitting $117.61. The stock had a trading volume of 984,022 shares. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21. The firm’s 50-day moving average price is $122.23 and its 200 day moving average price is $128.42. The stock has a market cap of $41.55 billion, a price-to-earnings ratio of 19.64 and a beta of 0.78.

Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.49. The company had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same period last year, the firm earned $1.53 EPS. Equities analysts forecast that Kimberly-Clark Corporation will post $6.21 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This report was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be read at https://www.thecerbatgem.com/2017/09/08/kimberly-clark-corporation-kmb-given-hold-rating-at-jefferies-group-llc.html.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be issued a dividend of $0.97 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $3.88 annualized dividend and a yield of 3.24%. Kimberly-Clark Corporation’s dividend payout ratio is presently 64.88%.

In other Kimberly-Clark Corporation news, Director Robert W. Decherd bought 1,500 shares of Kimberly-Clark Corporation stock in a transaction on Thursday, August 3rd. The shares were purchased at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the completion of the acquisition, the director now owns 43,444 shares in the company, valued at approximately $5,309,291.24. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.56% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Tortoise Investment Management LLC lifted its holdings in Kimberly-Clark Corporation by 4.7% during the first quarter. Tortoise Investment Management LLC now owns 758 shares of the company’s stock worth $100,000 after acquiring an additional 34 shares in the last quarter. Heritage Trust Co bought a new position in Kimberly-Clark Corporation during the first quarter worth about $118,000. Acrospire Investment Management LLC lifted its holdings in Kimberly-Clark Corporation by 125.0% during the first quarter. Acrospire Investment Management LLC now owns 900 shares of the company’s stock worth $118,000 after acquiring an additional 500 shares in the last quarter. Armbruster Capital Management Inc. lifted its holdings in Kimberly-Clark Corporation by 38.5% during the first quarter. Armbruster Capital Management Inc. now owns 900 shares of the company’s stock worth $118,000 after acquiring an additional 250 shares in the last quarter. Finally, V Wealth Management LLC bought a new position in Kimberly-Clark Corporation during the second quarter worth about $123,000. Hedge funds and other institutional investors own 70.10% of the company’s stock.

Kimberly-Clark Corporation Company Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Analyst Recommendations for Kimberly-Clark Corporation (NYSE:KMB)

Receive News & Stock Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related stocks with our FREE daily email newsletter.