Cigna Investments Inc. New Acquires 2,782 Shares of Kimberly-Clark Corporation (KMB)

Cigna Investments Inc. New raised its holdings in Kimberly-Clark Corporation (NYSE:KMB) by 18.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,593 shares of the company’s stock after acquiring an additional 2,782 shares during the period. Cigna Investments Inc. New’s holdings in Kimberly-Clark Corporation were worth $2,289,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Winch Advisory Services LLC raised its holdings in Kimberly-Clark Corporation by 0.6% in the 1st quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock valued at $184,000 after acquiring an additional 8 shares during the last quarter. Investment Partners Ltd. OH ADV grew its stake in shares of Kimberly-Clark Corporation by 0.3% in the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock valued at $368,000 after buying an additional 8 shares during the period. Genesee Valley Trust Co. grew its stake in shares of Kimberly-Clark Corporation by 0.6% in the 1st quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock valued at $335,000 after buying an additional 15 shares during the period. Kistler Tiffany Companies LLC grew its stake in shares of Kimberly-Clark Corporation by 0.5% in the 1st quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock valued at $383,000 after buying an additional 15 shares during the period. Finally, Stratford Consulting LLC grew its stake in shares of Kimberly-Clark Corporation by 0.7% in the 2nd quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock valued at $263,000 after buying an additional 15 shares during the period. Institutional investors own 70.08% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Macquarie assumed coverage on shares of Kimberly-Clark Corporation in a research note on Friday, September 15th. They issued a “neutral” rating and a $121.00 price target for the company. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 price target on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Jefferies Group LLC reissued a “hold” rating and issued a $119.00 price target on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $131.00 price target (down previously from $132.00) on shares of Kimberly-Clark Corporation in a research note on Friday, August 11th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $130.93.

Kimberly-Clark Corporation (NYSE:KMB) opened at 115.49 on Tuesday. The stock has a market cap of $40.80 billion, a PE ratio of 19.28 and a beta of 0.76. Kimberly-Clark Corporation has a 52-week low of $111.30 and a 52-week high of $136.21. The company’s 50 day moving average is $119.72 and its 200-day moving average is $125.96.

Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.49. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period in the previous year, the firm earned $1.53 earnings per share. Kimberly-Clark Corporation’s revenue was down .7% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Friday, September 8th were issued a $0.97 dividend. The ex-dividend date was Thursday, September 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.36%. Kimberly-Clark Corporation’s payout ratio is 64.88%.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/10/cigna-investments-inc-new-acquires-2782-shares-of-kimberly-clark-corporation-kmb.html.

In related news, Director Robert W. Decherd bought 1,500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was purchased at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the completion of the acqu

A number of other hedge funds have also added to or reduced their stakes in the business. Winch Advisory Services LLC raised its holdings in Kimberly-Clark Corporation by 0.6% in the 1st quarter. Winch Advisory Services LLC now owns 1,396 shares of the company’s stock valued at $184,000 after acquiring an additional 8 shares during the last quarter. Investment Partners Ltd. OH ADV grew its stake in shares of Kimberly-Clark Corporation by 0.3% in the 2nd quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock valued at $368,000 after buying an additional 8 shares during the period. Genesee Valley Trust Co. grew its stake in shares of Kimberly-Clark Corporation by 0.6% in the 1st quarter. Genesee Valley Trust Co. now owns 2,545 shares of the company’s stock valued at $335,000 after buying an additional 15 shares during the period. Kistler Tiffany Companies LLC grew its stake in shares of Kimberly-Clark Corporation by 0.5% in the 1st quarter. Kistler Tiffany Companies LLC now owns 2,909 shares of the company’s stock valued at $383,000 after buying an additional 15 shares during the period. Finally, Stratford Consulting LLC grew its stake in shares of Kimberly-Clark Corporation by 0.7% in the 2nd quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock valued at $263,000 after buying an additional 15 shares during the period. Institutional investors own 70.08% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Macquarie assumed coverage on shares of Kimberly-Clark Corporation in a research note on Friday, September 15th. They issued a “neutral” rating and a $121.00 price target for the company. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 price target on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Jefferies Group LLC reissued a “hold” rating and issued a $119.00 price target on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $131.00 price target (down previously from $132.00) on shares of Kimberly-Clark Corporation in a research note on Friday, August 11th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $130.93.

Kimberly-Clark Corporation (NYSE:KMB) opened at 115.49 on Tuesday. The stock has a market cap of $40.80 billion, a PE ratio of 19.28 and a beta of 0.76. Kimberly-Clark Corporation has a 52-week low of $111.30 and a 52-week high of $136.21. The company’s 50 day moving average is $119.72 and its 200-day moving average is $125.96.

Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.49. Kimberly-Clark Corporation had a net margin of 11.82% and a return on equity of 636.30%. The firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period in the previous year, the firm earned $1.53 earnings per share. Kimberly-Clark Corporation’s revenue was down .7% compared to the same quarter last year. On average, equities analysts anticipate that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Investors of record on Friday, September 8th were issued a $0.97 dividend. The ex-dividend date was Thursday, September 7th. This represents a $3.88 dividend on an annualized basis and a yield of 3.36%. Kimberly-Clark Corporation’s payout ratio is 64.88%.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/10/10/cigna-investments-inc-new-acquires-2782-shares-of-kimberly-clark-corporation-kmb.html.

In related news, Director Robert W. Decherd bought 1,500 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was 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 $5,309,291.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is currently owned by insiders.

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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