FDx Advisors Inc. Decreases Stock Position in Kimberly-Clark Co. (NYSE:KMB)

FDx Advisors Inc. decreased its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 33.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,123 shares of the company’s stock after selling 1,066 shares during the quarter. FDx Advisors Inc.’s holdings in Kimberly-Clark were worth $302,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in KMB. Atomi Financial Group Inc. lifted its position in shares of Kimberly-Clark by 16.2% during the first quarter. Atomi Financial Group Inc. now owns 2,025 shares of the company’s stock worth $262,000 after acquiring an additional 282 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Kimberly-Clark by 60.4% during the 1st quarter. Russell Investments Group Ltd. now owns 291,881 shares of the company’s stock worth $37,695,000 after purchasing an additional 109,875 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in Kimberly-Clark by 2.6% in the 1st quarter. Bleakley Financial Group LLC now owns 10,483 shares of the company’s stock worth $1,356,000 after purchasing an additional 263 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in Kimberly-Clark by 11.4% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 383,887 shares of the company’s stock valued at $49,656,000 after buying an additional 39,271 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Kimberly-Clark by 7.7% during the first quarter. State Board of Administration of Florida Retirement System now owns 411,709 shares of the company’s stock valued at $55,260,000 after buying an additional 29,418 shares during the period. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the subject of a number of analyst reports. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. UBS Group lowered their price objective on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Barclays raised their price target on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Finally, Wells Fargo & Company dropped their target price on shares of Kimberly-Clark from $138.00 to $134.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark currently has an average rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Stock Down 0.2 %

Shares of NYSE:KMB opened at $133.28 on Tuesday. The stock has a market capitalization of $44.45 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 2.81 and a beta of 0.40. The stock’s 50-day moving average price is $140.93 and its 200-day moving average price is $139.27. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30.

Kimberly-Clark (NYSE:KMB) last issued its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. During the same period in the previous year, the firm earned $1.74 earnings per share. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, equities analysts anticipate that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

Kimberly-Clark Company 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.