Citizens Business Bank Trims Position in Kimberly-Clark Co. (NYSE:KMB)

Citizens Business Bank cut its position in Kimberly-Clark Co. (NYSE:KMB) by 16.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,006 shares of the company’s stock after selling 580 shares during the period. Citizens Business Bank’s holdings in Kimberly-Clark were worth $365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of KMB. Emerald Advisors LLC boosted its position in shares of Kimberly-Clark by 4.7% during the fourth quarter. Emerald Advisors LLC now owns 2,016 shares of the company’s stock worth $245,000 after acquiring an additional 90 shares during the last quarter. Aaron Wealth Advisors LLC boosted its position in shares of Kimberly-Clark by 1.5% during the fourth quarter. Aaron Wealth Advisors LLC now owns 6,418 shares of the company’s stock worth $780,000 after acquiring an additional 93 shares during the last quarter. Motco boosted its position in shares of Kimberly-Clark by 6.9% during the third quarter. Motco now owns 1,463 shares of the company’s stock worth $177,000 after acquiring an additional 94 shares during the last quarter. S&CO Inc. boosted its position in shares of Kimberly-Clark by 0.4% during the third quarter. S&CO Inc. now owns 24,914 shares of the company’s stock worth $3,010,000 after acquiring an additional 100 shares during the last quarter. Finally, Journey Advisory Group LLC boosted its position in shares of Kimberly-Clark by 4.3% during the third quarter. Journey Advisory Group LLC now owns 2,436 shares of the company’s stock worth $294,000 after acquiring an additional 100 shares during the last quarter. 76.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays upped their target price on shares of Kimberly-Clark from $132.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 25th. Wells Fargo & Company increased their price objective on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 24th. HSBC increased their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. Finally, Bank of America increased their price objective on shares of Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $134.85.

Kimberly-Clark Stock Performance

KMB stock traded up $0.60 during trading on Tuesday, reaching $136.53. The company had a trading volume of 2,873,717 shares, compared to its average volume of 2,238,398. The firm has a 50-day simple moving average of $126.22 and a 200-day simple moving average of $123.03. The company has a market cap of $45.97 billion, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 3.85 and a beta of 0.40. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.54 and a current ratio of 0.81. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.02.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The company had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. Kimberly-Clark’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the business earned $1.67 EPS. As a group, sell-side analysts expect that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the completion of the sale, the insider now directly owns 520 shares in the company, valued at approximately $70,324.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, insider Jeffrey P. Melucci sold 6,390 shares of Kimberly-Clark stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the transaction, the insider now directly owns 33,649 shares of the company’s stock, valued at approximately $4,562,467.91. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Katy Chen sold 454 shares of Kimberly-Clark stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $135.24, for a total transaction of $61,398.96. Following the transaction, the insider now directly owns 520 shares of the company’s stock, valued at $70,324.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,022 shares of company stock worth $2,323,935. Company insiders own 0.62% of the company’s stock.

About Kimberly-Clark

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.