Courier Capital LLC lifted its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 29.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,518 shares of the company’s stock after acquiring an additional 5,878 shares during the period. Courier Capital LLC’s holdings in Kimberly Clark were worth $3,003,000 as of its most recent filing with the Securities & Exchange Commission.

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

Several analysts recently issued reports on KMB shares. Jefferies Group restated a “hold” rating and issued a $119.00 price objective on shares of Kimberly Clark in a report on Thursday, September 7th. Royal Bank of Canada restated a “hold” rating and issued a $121.00 price objective on shares of Kimberly Clark in a report on Friday, September 8th. Macquarie started coverage on shares of Kimberly Clark in a report on Friday, September 15th. They issued a “neutral” rating and a $121.00 price objective on the stock. Zacks Investment Research upgraded shares of Kimberly Clark from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, JPMorgan Chase & Co. lowered shares of Kimberly Clark from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $115.55 to $100.00 in a report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the company’s stock. Kimberly Clark currently has a consensus rating of “Hold” and a consensus target price of $126.00.

Kimberly Clark Corp (NYSE:KMB) opened at $121.31 on Wednesday. The firm has a market capitalization of $42,630.00, a PE ratio of 20.02, a price-to-earnings-growth ratio of 3.14 and a beta of 0.76. The company has a debt-to-equity ratio of 14.17, a current ratio of 0.97 and a quick ratio of 0.64. Kimberly Clark Corp has a 52-week low of $109.67 and a 52-week high of $136.21.

Kimberly Clark (NYSE:KMB) last released its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.06. The company had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $4.65 billion. Kimberly Clark had a return on equity of 666.97% and a net margin of 11.89%. Kimberly Clark’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.52 EPS. equities research analysts anticipate that Kimberly Clark Corp will post 6.21 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Friday, December 8th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, December 7th. Kimberly Clark’s dividend payout ratio is currently 64.03%.

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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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Institutional Ownership by Quarter for Kimberly Clark (NYSE:KMB)

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