Traders sold shares of Kimberly Clark Corp (NYSE:KMB) on strength during trading on Thursday. $38.28 million flowed into the stock on the tick-up and $111.28 million flowed out of the stock on the tick-down, for a money net flow of $73.00 million out of the stock. Of all stocks tracked, Kimberly Clark had the 0th highest net out-flow for the day. Kimberly Clark traded up $0.12 for the day and closed at $109.41
Several research firms recently weighed in on KMB. Zacks Investment Research upgraded Kimberly Clark from a “hold” rating to a “buy” rating and set a $134.00 target price on the stock in a research report on Wednesday, January 10th. Citigroup set a $112.00 target price on Kimberly Clark and gave the stock a “sell” rating in a research report on Wednesday, January 24th. Deutsche Bank began coverage on Kimberly Clark in a research report on Wednesday, December 13th. They set a “hold” rating and a $121.00 target price on the stock. Finally, Barclays set a $119.00 target price on Kimberly Clark and gave the stock a “hold” rating in a research report on Thursday, March 15th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $124.56.
The firm has a market capitalization of $38,370.78, a P/E ratio of 17.43, a PEG ratio of 1.98 and a beta of 0.66. The company has a quick ratio of 0.58, a current ratio of 0.89 and a debt-to-equity ratio of 7.34.
Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, January 23rd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.03. The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.61 billion. Kimberly Clark had a return on equity of 427.79% and a net margin of 12.48%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the business posted $1.45 EPS. analysts forecast that Kimberly Clark Corp will post 7 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 3rd. Stockholders of record on Friday, March 9th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.68%. This is an increase from Kimberly Clark’s previous quarterly dividend of $0.97. The ex-dividend date was Thursday, March 8th. Kimberly Clark’s dividend payout ratio (DPR) is 64.21%.
In other news, insider Kimberly K. Underhill sold 23,158 shares of the firm’s stock in a transaction dated 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 transaction, the insider now directly owns 31,141 shares in the company, valued at approximately $3,729,757.57. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.64% of the company’s stock.
Several hedge funds have recently bought and sold shares of the company. Prospera Financial Services Inc grew its stake in shares of Kimberly Clark by 14.6% in the fourth quarter. Prospera Financial Services Inc now owns 3,378 shares of the company’s stock valued at $405,000 after buying an additional 431 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Kimberly Clark by 12.7% in the second quarter. Cetera Investment Advisers now owns 3,928 shares of the company’s stock valued at $504,000 after buying an additional 442 shares in the last quarter. Profund Advisors LLC grew its stake in shares of Kimberly Clark by 5.2% in the fourth quarter. Profund Advisors LLC now owns 9,037 shares of the company’s stock valued at $1,090,000 after buying an additional 445 shares in the last quarter. Pinkerton Retirement Specialists LLC grew its stake in shares of Kimberly Clark by 2.6% in the third quarter. Pinkerton Retirement Specialists LLC now owns 17,998 shares of the company’s stock valued at $2,080,000 after buying an additional 448 shares in the last quarter. Finally, ETRADE Capital Management LLC grew its stake in shares of Kimberly Clark by 1.9% in the fourth quarter. ETRADE Capital Management LLC now owns 23,896 shares of the company’s stock valued at $2,883,000 after buying an additional 454 shares in the last quarter. Institutional investors and hedge funds own 74.52% of the company’s stock.
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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.
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