Seizert Capital Partners LLC Has $1.02 Million Position in Kimberly Clark Corp (NYSE:KMB)

Seizert Capital Partners LLC trimmed its stake in Kimberly Clark Corp (NYSE:KMB) by 13.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 8,669 shares of the company’s stock after selling 1,290 shares during the quarter. Seizert Capital Partners LLC’s holdings in Kimberly Clark were worth $1,020,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Coldstream Capital Management Inc. lifted its stake in Kimberly Clark by 0.3% in the second quarter. Coldstream Capital Management Inc. now owns 1,597 shares of the company’s stock valued at $206,000 after buying an additional 5 shares during the last quarter. Mosaic Family Wealth LLC lifted its stake in Kimberly Clark by 0.5% in the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after buying an additional 6 shares during the last quarter. Winch Advisory Services LLC raised its stake in shares of Kimberly Clark by 0.6% during the second quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock valued at $181,000 after purchasing an additional 8 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in shares of Kimberly Clark by 0.6% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock valued at $320,000 after purchasing an additional 14 shares in the last quarter. Finally, Stratford Consulting LLC raised its stake in shares of Kimberly Clark by 0.7% during the second quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock valued at $263,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 71.47% of the company’s stock.

Shares of Kimberly Clark Corp (NYSE:KMB) traded up $0.28 during trading on Friday, reaching $112.98. 3,392,960 shares of the company’s stock traded hands, compared to its average volume of 1,842,635. The company has a current ratio of 0.97, a quick ratio of 0.64 and a debt-to-equity ratio of 14.17. Kimberly Clark Corp has a 12-month low of $109.67 and a 12-month high of $136.21. The company has a market capitalization of $39,643.05, a PE ratio of 18.64, a PEG ratio of 2.77 and a beta of 0.75.

Kimberly Clark (NYSE:KMB) last issued its quarterly earnings results on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. Kimberly Clark had a net margin of 11.89% and a return on equity of 666.97%. The firm had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.65 billion. During the same period in the previous year, the business earned $1.52 earnings per share. Kimberly Clark’s revenue for the quarter was up 1.0% compared to the same quarter last year. equities research analysts anticipate that Kimberly Clark Corp will post 6.2 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend was Thursday, December 7th. Kimberly Clark’s dividend payout ratio (DPR) is presently 64.03%.

A number of brokerages recently weighed in on KMB. Zacks Investment Research upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a research note on Thursday, November 2nd. Bank of America cut their price objective on shares of Kimberly Clark from $123.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 24th. Citigroup cut shares of Kimberly Clark from a “neutral” rating to a “sell” rating and set a $113.00 price objective on the stock. in a research note on Monday, December 11th. Deutsche Bank began coverage on shares of Kimberly Clark in a research note on Wednesday, December 13th. They set a “hold” rating and a $121.00 price objective on the stock. Finally, Wells Fargo & Co cut their price objective on shares of Kimberly Clark from $121.00 to $117.00 and set a “market perform” rating on the stock in a research note on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $126.50.

TRADEMARK VIOLATION NOTICE: “Seizert Capital Partners LLC Has $1.02 Million Position in Kimberly Clark Corp (NYSE:KMB)” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was copied illegally and reposted in violation of US and international copyright legislation. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2018/01/13/kimberly-clark-corp-kmb-stake-decreased-by-seizert-capital-partners-llc.html.

About Kimberly Clark

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 (NYSE:KMB)

Receive News & Ratings for Kimberly Clark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly Clark and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply