Kimberly-Clark (KMB) Earns “In-Line” Rating from Royal Bank of Canada

Royal Bank of Canada reaffirmed their in-line rating on shares of Kimberly-Clark (NYSE:KMB) in a research note released on Tuesday morning, The Fly reports.

KMB has been the topic of several other reports. Barclays set a $119.00 price target on shares of Kimberly-Clark and gave the stock a hold rating in a research note on Thursday, March 15th. Zacks Investment Research raised shares of Kimberly-Clark from a hold rating to a buy rating and set a $121.00 price target on the stock in a research note on Wednesday, April 11th. ValuEngine downgraded shares of Kimberly-Clark from a hold rating to a sell rating in a research note on Monday. Citigroup set a $94.00 price target on shares of Kimberly-Clark and gave the stock a sell rating in a research note on Tuesday. Finally, JPMorgan Chase decreased their price target on shares of Kimberly-Clark from $104.00 to $86.00 and set an underweight rating on the stock in a research note on Tuesday. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $119.73.

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NYSE:KMB opened at $100.40 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.58 and a debt-to-equity ratio of 6.97. The stock has a market capitalization of $34,551.58, a PE ratio of 16.12, a price-to-earnings-growth ratio of 1.88 and a beta of 0.66. Kimberly-Clark has a twelve month low of $97.10 and a twelve month high of $134.29.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Monday, April 23rd. The company reported $1.71 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.71. The firm had revenue of $4.73 billion for the quarter, compared to the consensus estimate of $4.60 billion. Kimberly-Clark had a net margin of 9.77% and a return on equity of 349.52%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $1.57 earnings per share. research analysts anticipate that Kimberly-Clark will post 6.98 earnings per share for the current year.

In other Kimberly-Clark news, insider Kimberly K. Underhill sold 23,158 shares of Kimberly-Clark stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $119.77, for a total transaction of $2,773,633.66. Following the transaction, the insider now directly owns 31,141 shares of the company’s stock, valued at $3,729,757.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.64% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of KMB. Prospera Financial Services Inc increased its position in shares of Kimberly-Clark by 14.6% during the fourth quarter. Prospera Financial Services Inc now owns 3,378 shares of the company’s stock valued at $405,000 after acquiring an additional 431 shares during the last quarter. Profund Advisors LLC increased its position in shares of Kimberly-Clark by 5.2% during the fourth quarter. Profund Advisors LLC now owns 9,037 shares of the company’s stock valued at $1,090,000 after acquiring an additional 445 shares during the last quarter. Pinkerton Retirement Specialists LLC increased its position in shares of Kimberly-Clark by 2.6% during the third quarter. Pinkerton Retirement Specialists LLC now owns 17,998 shares of the company’s stock valued at $2,080,000 after acquiring an additional 448 shares during the last quarter. ETRADE Capital Management LLC increased its position in shares of Kimberly-Clark by 1.9% during the fourth quarter. ETRADE Capital Management LLC now owns 23,896 shares of the company’s stock valued at $2,883,000 after acquiring an additional 454 shares during the last quarter. Finally, CWA Asset Management Group LLC increased its position in shares of Kimberly-Clark by 1.7% during the fourth quarter. CWA Asset Management Group LLC now owns 26,717 shares of the company’s stock valued at $3,224,000 after acquiring an additional 457 shares during the last quarter. 74.57% of the stock is currently owned by institutional investors.

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About Kimberly-Clark

Kimberly-Clark Corp. is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment manufactures and markets disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products.

The Fly

Analyst Recommendations for Kimberly-Clark (NYSE:KMB)

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