Ameritas Investment Partners Inc. cut its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,551 shares of the company’s stock after selling 178 shares during the period. Ameritas Investment Partners Inc.’s holdings in Kimberly-Clark were worth $1,104,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coldstream Capital Management Inc. grew its holdings in shares of Kimberly-Clark by 0.3% in the second quarter. Coldstream Capital Management Inc. now owns 1,597 shares of the company’s stock valued at $206,000 after purchasing an additional 5 shares in the last quarter. Mosaic Family Wealth LLC lifted its stake in Kimberly-Clark by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock worth $144,000 after acquiring an additional 6 shares during the last quarter. Investment Partners Ltd. OH ADV lifted its stake in Kimberly-Clark by 0.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock worth $368,000 after acquiring an additional 8 shares during the last quarter. Winch Advisory Services LLC lifted its stake in Kimberly-Clark by 0.6% in the second quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock worth $181,000 after acquiring an additional 8 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. lifted its stake in Kimberly-Clark by 0.6% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock worth $320,000 after acquiring an additional 14 shares during the last quarter. Institutional investors and hedge funds own 71.61% of the company’s stock.

Shares of Kimberly-Clark Corporation (NYSE KMB) traded down $0.26 on Wednesday, reaching $122.85. 2,056,600 shares of the company’s stock traded hands, compared to its average volume of 1,816,515. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17. The firm has a market cap of $43,304.84, a PE ratio of 20.15, a P/E/G ratio of 3.20 and a beta of 0.76. Kimberly-Clark Corporation has a 12 month low of $109.67 and a 12 month high of $136.21.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings data on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.65 billion. Kimberly-Clark had a net margin of 11.89% and a return on equity of 666.97%. Kimberly-Clark’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.52 EPS. sell-side analysts anticipate that Kimberly-Clark Corporation will post 6.2 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be paid a $0.97 dividend. The ex-dividend date is Thursday, December 7th. This represents a $3.88 annualized dividend and a yield of 3.16%. Kimberly-Clark’s dividend payout ratio is currently 64.03%.

KMB has been the subject of a number of recent research reports. Citigroup reiterated a “neutral” rating and issued a $131.00 price target (down previously from $132.00) on shares of Kimberly-Clark in a research note on Friday, August 11th. Zacks Investment Research upgraded shares of Kimberly-Clark from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Jefferies Group restated a “hold” rating and set a $119.00 price objective on shares of Kimberly-Clark in a research report on Thursday, September 7th. Royal Bank Of Canada restated a “hold” rating and set a $121.00 price objective on shares of Kimberly-Clark in a research report on Friday, September 8th. Finally, Macquarie initiated coverage on shares of Kimberly-Clark in a research report on Friday, September 15th. They set a “neutral” rating and a $121.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $127.14.

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Kimberly-Clark 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.

Institutional Ownership by Quarter for Kimberly-Clark (NYSE:KMB)

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