Kimberly-Clark Co. (NYSE:KMB) Stock Position Decreased by Cognios Beta Neutral Large Cap Fund LP

Cognios Beta Neutral Large Cap Fund LP cut its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,237 shares of the company’s stock after selling 255 shares during the period. Kimberly-Clark accounts for about 0.8% of Cognios Beta Neutral Large Cap Fund LP’s investment portfolio, making the stock its 27th largest position. Cognios Beta Neutral Large Cap Fund LP’s holdings in Kimberly-Clark were worth $636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KMB. OFI Invest Asset Management purchased a new stake in shares of Kimberly-Clark during the 3rd quarter worth about $25,000. Cranbrook Wealth Management LLC increased its holdings in shares of Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after acquiring an additional 100 shares during the last quarter. Centerpoint Advisors LLC increased its holdings in shares of Kimberly-Clark by 175.0% during the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $33,000 after acquiring an additional 175 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark during the 4th quarter valued at about $35,000. Finally, Legacy Financial Group LLC acquired a new position in shares of Kimberly-Clark during the 3rd quarter valued at about $37,000. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a report on Thursday, March 28th. The Goldman Sachs Group increased their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the company a “buy” rating in a report on Wednesday. Bank of America raised their target price on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a report on Wednesday. Finally, UBS Group raised their target price on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $135.21.

Insider Buying and Selling

In related news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the completion of the transaction, the insider now owns 795 shares in the company, valued at approximately $109,050.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Tristram Wilkinson sold 3,720 shares of the business’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the completion of the sale, the insider now owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Paula Ramos sold 10,178 shares of the business’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total value of $1,396,116.26. Following the sale, the insider now owns 795 shares of the company’s stock, valued at approximately $109,050.15. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Performance

Shares of NYSE:KMB traded up $1.74 during trading on Wednesday, hitting $137.78. 3,550,944 shares of the stock were exchanged, compared to its average volume of 2,222,973. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.54 and a current ratio of 0.82. The company has a market capitalization of $46.42 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.40. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.87. The company’s fifty day simple moving average is $124.78 and its 200-day simple moving average is $122.55.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.61 by $0.40. The business had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. Kimberly-Clark’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the company earned $1.67 EPS. Sell-side analysts expect that Kimberly-Clark Co. will post 6.84 EPS for the current fiscal year.

Kimberly-Clark 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.