12,554 Shares in Kimberly-Clark Corporation (NYSE:KMB) Purchased by Twin Tree Management LP

Twin Tree Management LP bought a new position in shares of Kimberly-Clark Corporation (NYSE:KMB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,554 shares of the company’s stock, valued at approximately $1,652,000.

A number of other large investors have also recently added to or reduced their stakes in KMB. Bank of New York Mellon Corp increased its stake in Kimberly-Clark Corporation by 5.1% in the 1st quarter. Bank of New York Mellon Corp now owns 4,300,342 shares of the company’s stock worth $566,053,000 after purchasing an additional 207,316 shares in the last quarter. FMR LLC increased its stake in Kimberly-Clark Corporation by 23.4% in the 1st quarter. FMR LLC now owns 2,589,395 shares of the company’s stock worth $340,841,000 after purchasing an additional 491,121 shares in the last quarter. American Century Companies Inc. increased its stake in Kimberly-Clark Corporation by 5.9% in the 1st quarter. American Century Companies Inc. now owns 1,746,205 shares of the company’s stock worth $229,853,000 after purchasing an additional 97,439 shares in the last quarter. TIAA CREF Investment Management LLC increased its stake in Kimberly-Clark Corporation by 35.0% in the 1st quarter. TIAA CREF Investment Management LLC now owns 1,659,203 shares of the company’s stock worth $218,401,000 after purchasing an additional 429,763 shares in the last quarter. Finally, Swiss National Bank increased its stake in Kimberly-Clark Corporation by 20.5% in the 1st quarter. Swiss National Bank now owns 1,657,528 shares of the company’s stock worth $218,180,000 after purchasing an additional 282,300 shares in the last quarter. 70.10% of the stock is currently owned by hedge funds and other institutional investors.

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A number of equities analysts recently weighed in on KMB shares. 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 price target on Kimberly-Clark Corporation and gave the stock a “sell” rating in a research note on Friday, July 7th. Royal Bank Of Canada restated a “sector perform” rating and set a $121.00 price objective on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Zacks Investment Research upgraded Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Finally, Jefferies Group LLC restated a “hold” rating and set a $119.00 price objective on shares of Kimberly-Clark Corporation in a research report on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $132.07.

Shares of Kimberly-Clark Corporation (KMB) opened at 121.10 on Friday. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21. The firm has a market capitalization of $42.78 billion, a price-to-earnings ratio of 20.22 and a beta of 0.78. The company has a 50-day moving average price of $121.55 and a 200 day moving average price of $127.86.

Kimberly-Clark Corporation (NYSE:KMB) last posted its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.49. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.53 earnings per share. Equities research analysts expect that Kimberly-Clark Corporation will post $6.21 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th will be issued a $0.97 dividend. The ex-dividend date is Thursday, September 7th. This represents a $3.88 annualized dividend and a dividend yield of 3.20%. Kimberly-Clark Corporation’s payout ratio is currently 64.88%.

In other news, Director Robert W. Decherd purchased 1,500 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were purchased at an average price of $122.21 per share, with a total value 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 filing with the SEC, which is accessible through this link. Corporate insiders own 0.56% 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.

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

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