5,523 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by GAMMA Investing LLC

GAMMA Investing LLC bought a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,523 shares of the company’s stock, valued at approximately $668,000.

Several other large investors have also recently added to or reduced their stakes in the business. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark in the 3rd quarter worth about $25,000. Cranbrook Wealth Management LLC raised 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 worth $26,000 after purchasing an additional 100 shares during the period. Centerpoint Advisors LLC raised 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 worth $33,000 after purchasing an additional 175 shares during the period. Wetzel Investment Advisors Inc. purchased a new position in shares of Kimberly-Clark in the 4th quarter worth about $35,000. Finally, Legacy Financial Group LLC purchased a new position in shares of Kimberly-Clark in the 3rd quarter worth about $37,000. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Kimberly-Clark

In related news, Director Mark T. Smucker purchased 827 shares of Kimberly-Clark stock in a transaction on Monday, January 29th. The stock was bought at an average price of $120.98 per share, with a total value of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. In other Kimberly-Clark news, Director Mark T. Smucker acquired 827 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The stock was acquired at an average price of $120.98 per share, with a total value of $100,050.46. Following the transaction, the director now owns 827 shares of the company’s stock, valued at $100,050.46. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Tristram Wilkinson sold 3,720 shares of the business’s stock in a transaction dated Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the transaction, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The disclosure for this sale can be found here. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark Stock Performance

Shares of NYSE KMB traded up $1.45 during mid-day trading on Wednesday, hitting $137.49. The company had a trading volume of 1,548,920 shares, compared to its average volume of 2,196,642. The firm’s 50 day simple moving average is $124.78 and its two-hundred day simple moving average is $122.55. The company has a debt-to-equity ratio of 6.94, a current ratio of 0.82 and a quick ratio of 0.54. The stock has a market cap of $46.32 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 3.83 and a beta of 0.40. Kimberly-Clark Co. has a 12 month low of $116.32 and a 12 month high of $147.87.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. The firm had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. During the same quarter in the previous year, the company posted $1.67 earnings per share. The business’s quarterly revenue was down .9% compared to the same quarter last year. As a group, equities research analysts forecast that Kimberly-Clark Co. will post 6.84 earnings per share for the current year.

Analyst Upgrades and Downgrades

KMB has been the topic of several analyst reports. Barclays raised their target price on Kimberly-Clark from $124.00 to $132.00 and gave the company an “equal weight” rating in a report on Friday, April 12th. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. The Goldman Sachs Group raised their target price on Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. raised their target price on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a report on Wednesday. Finally, Royal Bank of Canada raised their target price on Kimberly-Clark from $123.00 to $126.00 and gave the company a “sector perform” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and a consensus target price of $134.21.

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.