Visionary Asset Management Inc. decreased its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 8.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,432 shares of the company’s stock after selling 2,223 shares during the quarter. Visionary Asset Management Inc.’s holdings in Kimberly Clark were worth $2,757,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Confluence Investment Management LLC bought a new stake in shares of Kimberly Clark in the 2nd quarter valued at about $211,000. Marshwinds Advisory Co. raised its holdings in shares of Kimberly Clark by 8.4% in the 2nd quarter. Marshwinds Advisory Co. now owns 5,609 shares of the company’s stock valued at $724,000 after purchasing an additional 437 shares in the last quarter. GW&K Investment Management LLC raised its holdings in shares of Kimberly Clark by 43.7% in the 2nd quarter. GW&K Investment Management LLC now owns 10,788 shares of the company’s stock valued at $1,393,000 after purchasing an additional 3,279 shares in the last quarter. First Financial Bank Trust Division raised its holdings in shares of Kimberly Clark by 15.3% in the 2nd quarter. First Financial Bank Trust Division now owns 7,551 shares of the company’s stock valued at $974,000 after purchasing an additional 1,002 shares in the last quarter. Finally, Hays Advisory LLC raised its holdings in shares of Kimberly Clark by 4.9% in the 2nd quarter. Hays Advisory LLC now owns 2,203 shares of the company’s stock valued at $284,000 after purchasing an additional 103 shares in the last quarter. Institutional investors own 71.46% of the company’s stock.

Kimberly Clark Corp (NYSE KMB) opened at $115.34 on Friday. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly Clark Corp has a 12-month low of $109.67 and a 12-month high of $136.21. The stock has a market cap of $40,570.00, a P/E ratio of 19.03, a PEG ratio of 2.86 and a beta of 0.75.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings data on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.06. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The firm had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. research analysts forecast that Kimberly Clark Corp will post 6.2 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th were given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date was Thursday, December 7th. Kimberly Clark’s payout ratio is currently 64.03%.

Several equities research analysts have recently commented on the stock. Citigroup lowered shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target for the company. in a report on Monday, December 11th. Zacks Investment Research lowered shares of Kimberly Clark from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Royal Bank of Canada restated a “hold” rating and issued a $121.00 price target on shares of Kimberly Clark in a report on Friday, October 13th. Deutsche Bank assumed coverage on shares of Kimberly Clark in a report on Wednesday, December 13th. They issued a “hold” rating and a $121.00 price target for the company. Finally, JPMorgan Chase & Co. lowered shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $115.55 to $100.00 in a report on Friday, October 20th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. Kimberly Clark has an average rating of “Hold” and a consensus price target of $126.50.

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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.

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

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