Moody National Bank Trust Division Makes New Investment in Kimberly-Clark Co. (NYSE:KMB)

Moody National Bank Trust Division bought a new position in shares of Kimberly-Clark Co. (NYSE:KMBGet Rating) during the second quarter, Holdings Channel reports. The fund bought 3,223 shares of the company’s stock, valued at approximately $435,000.

A number of other institutional investors have also recently added to or reduced their stakes in KMB. Great Lakes Advisors LLC boosted its stake in shares of Kimberly-Clark by 1.7% in the 1st quarter. Great Lakes Advisors LLC now owns 4,389 shares of the company’s stock valued at $541,000 after purchasing an additional 73 shares during the last quarter. OLD Second National Bank of Aurora boosted its stake in shares of Kimberly-Clark by 12.6% in the 1st quarter. OLD Second National Bank of Aurora now owns 663 shares of the company’s stock valued at $81,000 after purchasing an additional 74 shares during the last quarter. Orca Investment Management LLC boosted its stake in shares of Kimberly-Clark by 3.3% in the 1st quarter. Orca Investment Management LLC now owns 2,413 shares of the company’s stock valued at $297,000 after purchasing an additional 76 shares during the last quarter. Retirement Planning Co of New England Inc. boosted its stake in shares of Kimberly-Clark by 1.0% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 7,465 shares of the company’s stock valued at $919,000 after purchasing an additional 76 shares during the last quarter. Finally, Bank OZK boosted its stake in shares of Kimberly-Clark by 2.3% in the 1st quarter. Bank OZK now owns 3,535 shares of the company’s stock valued at $435,000 after purchasing an additional 78 shares during the last quarter. 74.36% of the stock is owned by institutional investors.

Kimberly-Clark Stock Performance

KMB opened at $122.02 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.47 and a debt-to-equity ratio of 10.37. The company’s fifty day moving average price is $131.66 and its two-hundred day moving average price is $130.36. Kimberly-Clark Co. has a 1-year low of $117.32 and a 1-year high of $145.79. The company has a market cap of $41.20 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 4.22 and a beta of 0.31.

Kimberly-Clark (NYSE:KMBGet Rating) last released its quarterly earnings data on Tuesday, July 26th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.01). Kimberly-Clark had a return on equity of 249.60% and a net margin of 8.87%. The business had revenue of $5.06 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the previous year, the company posted $1.47 EPS. The business’s quarterly revenue was up 7.2% on a year-over-year basis. On average, analysts expect that Kimberly-Clark Co. will post 5.64 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 4th. Shareholders of record on Friday, September 9th will be issued a dividend of $1.16 per share. The ex-dividend date is Thursday, September 8th. This represents a $4.64 annualized dividend and a yield of 3.80%. Kimberly-Clark’s payout ratio is 87.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on KMB shares. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Friday, July 22nd. Bank of America initiated coverage on shares of Kimberly-Clark in a research note on Wednesday, September 14th. They issued a “neutral” rating on the stock. Barclays dropped their target price on shares of Kimberly-Clark from $129.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Monday, May 23rd. Finally, UBS Group boosted their target price on shares of Kimberly-Clark from $136.00 to $142.00 and gave the company a “neutral” rating in a research report on Wednesday, July 27th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $131.15.

About Kimberly-Clark

(Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.

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

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