Traders sold shares of Kimberly Clark Corp (NYSE:KMB) on strength during trading on Monday. $60.63 million flowed into the stock on the tick-up and $108.22 million flowed out of the stock on the tick-down, for a money net flow of $47.59 million out of the stock. Of all companies tracked, Kimberly Clark had the 21st highest net out-flow for the day. Kimberly Clark traded up $1.12 for the day and closed at $113.06
Several equities research analysts have recently commented on the company. Zacks Investment Research lowered Kimberly Clark from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Citigroup lowered Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price target on the stock. in a research note on Monday, December 11th. Finally, Deutsche Bank assumed coverage on Kimberly Clark in a research note on Wednesday, December 13th. They set a “hold” rating and a $121.00 price target on the stock. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company’s stock. Kimberly Clark currently has a consensus rating of “Hold” and an average target price of $125.87.
The company has a current ratio of 0.89, a quick ratio of 0.58 and a debt-to-equity ratio of 7.34. The company has a market capitalization of $39,720.00, a P/E ratio of 18.26, a PEG ratio of 2.02 and a beta of 0.69.
Kimberly Clark (NYSE:KMB) last posted its earnings results on Tuesday, January 23rd. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.03. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The firm had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.61 billion. During the same quarter in the prior year, the company earned $1.45 EPS. Kimberly Clark’s revenue was up .8% on a year-over-year basis. equities analysts forecast that Kimberly Clark Corp will post 7 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Friday, March 9th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $4.00 dividend on an annualized basis and a yield of 3.54%. This is a positive change from Kimberly Clark’s previous quarterly dividend of $0.97. Kimberly Clark’s dividend payout ratio is presently 64.62%.
In related news, insider Kimberly K. Underhill sold 23,158 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $119.77, for a total value of $2,773,633.66. Following the sale, the insider now owns 31,141 shares of the company’s stock, valued at approximately $3,729,757.57. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.56% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently bought and sold shares of KMB. Coldstream Capital Management Inc. lifted its stake in shares of Kimberly Clark by 0.3% during the 2nd quarter. Coldstream Capital Management Inc. now owns 1,597 shares of the company’s stock worth $206,000 after purchasing an additional 5 shares during the period. Omnia Family Wealth LLC lifted its stake in shares of Kimberly Clark by 1.7% during the 2nd quarter. Omnia Family Wealth LLC now owns 1,679 shares of the company’s stock worth $218,000 after purchasing an additional 28 shares during the period. PagnatoKarp Partners LLC lifted its stake in shares of Kimberly Clark by 1.6% during the 2nd quarter. PagnatoKarp Partners LLC now owns 2,164 shares of the company’s stock worth $281,000 after purchasing an additional 34 shares during the period. AMG Funds LLC lifted its stake in shares of Kimberly Clark by 0.3% during the 2nd quarter. AMG Funds LLC now owns 11,995 shares of the company’s stock worth $1,549,000 after purchasing an additional 39 shares during the period. Finally, Hall Capital Management Co. Inc. lifted its stake in shares of Kimberly Clark by 0.3% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 16,140 shares of the company’s stock worth $2,084,000 after purchasing an additional 45 shares during the period. 74.57% of the stock is currently owned by hedge funds and other institutional investors.
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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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