Kimberly-Clark Co. (NYSE:KMB) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its holdings in Kimberly-Clark Co. (NYSE:KMB) by 12.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,947 shares of the company’s stock after purchasing an additional 6,844 shares during the quarter. Cetera Investment Advisers’ holdings in Kimberly-Clark were worth $8,829,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in Kimberly-Clark by 1.7% in the first quarter. Geode Capital Management LLC now owns 6,465,213 shares of the company’s stock valued at $866,180,000 after purchasing an additional 108,050 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Kimberly-Clark by 7.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,445,588 shares of the company’s stock valued at $670,678,000 after purchasing an additional 397,337 shares during the last quarter. Wellington Management Group LLP grew its position in Kimberly-Clark by 2.8% during the first quarter. Wellington Management Group LLP now owns 5,270,265 shares of the company’s stock valued at $707,375,000 after acquiring an additional 145,688 shares during the period. Morgan Stanley grew its position in Kimberly-Clark by 14.6% during the fourth quarter. Morgan Stanley now owns 4,819,009 shares of the company’s stock valued at $654,181,000 after acquiring an additional 613,295 shares during the period. Finally, Moneta Group Investment Advisors LLC grew its position in Kimberly-Clark by 123,302.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 4,430,158 shares of the company’s stock valued at $601,394,000 after acquiring an additional 4,426,568 shares during the period. 74.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Kimberly-Clark

In other Kimberly-Clark news, insider Zackery A. Hicks sold 3,020 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $119.43, for a total transaction of $360,678.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, insider Zackery A. Hicks sold 3,020 shares of the stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $119.43, for a total transaction of $360,678.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Sandra R. Karrmann sold 5,122 shares of the stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $129.80, for a total value of $664,835.60. Following the sale, the insider now owns 6,228 shares in the company, valued at $808,394.40. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

Kimberly-Clark Trading Up 0.3 %

NYSE:KMB opened at $121.55 on Thursday. The company has a debt-to-equity ratio of 8.81, a quick ratio of 0.54 and a current ratio of 0.84. Kimberly-Clark Co. has a one year low of $116.32 and a one year high of $147.87. The business’s 50-day simple moving average is $121.81 and its 200 day simple moving average is $130.34. The stock has a market cap of $41.08 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 2.23 and a beta of 0.38.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.58 by $0.16. Kimberly-Clark had a return on equity of 292.92% and a net margin of 8.63%. The business had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.16 billion. During the same quarter in the previous year, the firm posted $1.40 earnings per share. The company’s revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts predict that Kimberly-Clark Co. will post 6.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KMB shares. JPMorgan Chase & Co. lowered their price target on Kimberly-Clark from $122.00 to $119.00 and set an “underweight” rating for the company in a research report on Wednesday, October 25th. Bank of America lowered their price target on Kimberly-Clark from $145.00 to $138.00 in a research report on Wednesday, July 26th. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. HSBC assumed coverage on Kimberly-Clark in a research report on Friday, September 22nd. They issued a “hold” rating and a $133.00 target price for the company. Finally, The Goldman Sachs Group decreased their target price on Kimberly-Clark from $147.00 to $132.00 and set a “neutral” rating for the company in a research report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $130.93.

About Kimberly-Clark

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 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.