Kimberly-Clark Corporation (KMB) Shares Bought by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. grew its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 2.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,755,803 shares of the company’s stock after buying an additional 43,180 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.50% of Kimberly-Clark Corporation worth $226,692,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its stake in Kimberly-Clark Corporation by 1.3% in the first quarter. State Street Corp now owns 17,653,917 shares of the company’s stock valued at $2,323,785,000 after acquiring an additional 225,993 shares during the period. Bank of New York Mellon Corp increased its stake in Kimberly-Clark Corporation by 5.1% in the first quarter. Bank of New York Mellon Corp now owns 4,300,342 shares of the company’s stock valued at $566,053,000 after acquiring an additional 207,316 shares during the period. FMR LLC increased its stake in Kimberly-Clark Corporation by 23.4% in the first quarter. FMR LLC now owns 2,589,395 shares of the company’s stock valued at $340,841,000 after acquiring an additional 491,121 shares during the period. APG Asset Management N.V. increased its stake in Kimberly-Clark Corporation by 85.3% in the second quarter. APG Asset Management N.V. now owns 2,018,144 shares of the company’s stock valued at $260,563,000 after acquiring an additional 929,300 shares during the period. Finally, Legal & General Group Plc increased its stake in Kimberly-Clark Corporation by 3.7% in the first quarter. Legal & General Group Plc now owns 1,918,510 shares of the company’s stock valued at $252,551,000 after acquiring an additional 68,776 shares during the period. 70.08% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This article was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/11/kimberly-clark-corporation-kmb-shares-bought-by-schwab-charles-investment-management-inc.html.

In other news, Director Robert W. Decherd bought 1,500 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was bought at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the transaction, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by insiders.

Shares of Kimberly-Clark Corporation (NYSE:KMB) opened at 116.45 on Wednesday. The firm’s 50-day moving average is $119.55 and its 200 day moving average is $125.84. The company has a market capitalization of $41.14 billion, a PE ratio of 19.44 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.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend was Thursday, September 7th. Kimberly-Clark Corporation’s payout ratio is presently 64.88%.

KMB has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. BidaskClub cut shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Macquarie initiated coverage on shares of Kimberly-Clark Corporation in a research note on Friday, September 15th. They issued a “neutral” rating and a $121.00 target price on the stock. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $119.00 target price on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold r

Other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its stake in Kimberly-Clark Corporation by 1.3% in the first quarter. State Street Corp now owns 17,653,917 shares of the company’s stock valued at $2,323,785,000 after acquiring an additional 225,993 shares during the period. Bank of New York Mellon Corp increased its stake in Kimberly-Clark Corporation by 5.1% in the first quarter. Bank of New York Mellon Corp now owns 4,300,342 shares of the company’s stock valued at $566,053,000 after acquiring an additional 207,316 shares during the period. FMR LLC increased its stake in Kimberly-Clark Corporation by 23.4% in the first quarter. FMR LLC now owns 2,589,395 shares of the company’s stock valued at $340,841,000 after acquiring an additional 491,121 shares during the period. APG Asset Management N.V. increased its stake in Kimberly-Clark Corporation by 85.3% in the second quarter. APG Asset Management N.V. now owns 2,018,144 shares of the company’s stock valued at $260,563,000 after acquiring an additional 929,300 shares during the period. Finally, Legal & General Group Plc increased its stake in Kimberly-Clark Corporation by 3.7% in the first quarter. Legal & General Group Plc now owns 1,918,510 shares of the company’s stock valued at $252,551,000 after acquiring an additional 68,776 shares during the period. 70.08% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This article was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/11/kimberly-clark-corporation-kmb-shares-bought-by-schwab-charles-investment-management-inc.html.

In other news, Director Robert W. Decherd bought 1,500 shares of the company’s stock in a transaction dated Thursday, August 3rd. The stock was bought at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the transaction, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by insiders.

Shares of Kimberly-Clark Corporation (NYSE:KMB) opened at 116.45 on Wednesday. The firm’s 50-day moving average is $119.55 and its 200 day moving average is $125.84. The company has a market capitalization of $41.14 billion, a PE ratio of 19.44 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.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 3rd. Stockholders of record on Friday, September 8th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend was Thursday, September 7th. Kimberly-Clark Corporation’s payout ratio is presently 64.88%.

KMB has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. BidaskClub cut shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Royal Bank Of Canada reissued a “hold” rating and issued a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Friday, September 8th. Macquarie initiated coverage on shares of Kimberly-Clark Corporation in a research note on Friday, September 15th. They issued a “neutral” rating and a $121.00 target price on the stock. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $119.00 target price on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $131.46.

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.

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

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