Guyasuta Investment Advisors Inc. Decreases Holdings in Kimberly-Clark Co. (NYSE:KMB)

Guyasuta Investment Advisors Inc. reduced its position in Kimberly-Clark Co. (NYSE:KMB) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 18,783 shares of the company’s stock after selling 663 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $2,282,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. OFI Invest Asset Management purchased a new stake in shares of Kimberly-Clark in the 3rd quarter valued at about $25,000. Cranbrook Wealth Management LLC lifted its holdings in shares of Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares during the last quarter. Centerpoint Advisors LLC lifted its holdings in shares of Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after purchasing an additional 175 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in shares of Kimberly-Clark in the 4th quarter valued at about $35,000. Finally, Legacy Financial Group LLC purchased a new stake in shares of Kimberly-Clark in the 3rd quarter valued at about $37,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Paula Ramos sold 10,178 shares of Kimberly-Clark stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now owns 795 shares in the company, valued at $109,050.15. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

NYSE KMB traded up $0.03 during trading hours on Monday, reaching $135.27. The company’s stock had a trading volume of 985,290 shares, compared to its average volume of 2,215,741. The business has a 50-day simple moving average of $125.86 and a 200 day simple moving average of $122.92. The stock has a market cap of $45.55 billion, a PE ratio of 24.81, a PEG ratio of 3.85 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 52 week low of $116.32 and a 52 week high of $147.02.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations 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 previous year, the company posted $1.67 earnings per share. Equities research analysts predict that Kimberly-Clark Co. will post 7 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Royal Bank of Canada upped their price objective on Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 24th. Barclays upped their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research note on Thursday. HSBC upped their price objective on Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. Bank of America lifted their price target on Kimberly-Clark from $110.00 to $115.00 and gave the stock an “underperform” rating in a research note on Wednesday, April 24th. Finally, Citigroup lifted their price target on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $134.85.

Kimberly-Clark Company 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.