Capital Advisors Inc. OK Purchases Shares of 1,352 Kimberly Clark Corp (NYSE:KMB)

Capital Advisors Inc. OK purchased a new stake in shares of Kimberly Clark Corp (NYSE:KMB) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,352 shares of the company’s stock, valued at approximately $211,000.

Other hedge funds have also made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Kimberly Clark in the 2nd quarter worth $28,000. Stuart Chaussee & Associates Inc. bought a new stake in shares of Kimberly Clark in the 1st quarter worth $30,000. Center for Financial Planning Inc. grew its stake in shares of Kimberly Clark by 138.9% in the 1st quarter. Center for Financial Planning Inc. now owns 270 shares of the company’s stock worth $35,000 after acquiring an additional 157 shares in the last quarter. Proffitt & Goodson Inc. bought a new stake in shares of Kimberly Clark in the 2nd quarter worth $39,000. Finally, Blue Square Asset Management LLC bought a new stake in shares of Kimberly Clark in the 2nd quarter worth $46,000. Institutional investors and hedge funds own 71.39% of the company’s stock.

In other news, insider Kimberly K. Underhill sold 11,715 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $148.00, for a total transaction of $1,733,820.00. Following the completion of the sale, the insider now owns 44,773 shares of the company’s stock, valued at $6,626,404. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Aaron Powell sold 8,663 shares of the stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $151.38, for a total value of $1,311,404.94. Following the sale, the insider now directly owns 8,707 shares of the company’s stock, valued at approximately $1,318,065.66. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company’s stock.

KMB has been the subject of several recent analyst reports. Jefferies Financial Group upped their target price on shares of Kimberly Clark from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Morgan Stanley boosted their price target on shares of Kimberly Clark from $146.00 to $160.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. TheStreet raised shares of Kimberly Clark from a “c+” rating to an “a-” rating in a report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Kimberly Clark from $151.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Kimberly Clark currently has a consensus rating of “Hold” and an average price target of $150.10.

NYSE KMB traded up $1.27 during trading on Wednesday, hitting $147.75. 1,476,607 shares of the company’s stock traded hands, compared to its average volume of 1,864,016. The stock has a market capitalization of $49.96 billion, a price-to-earnings ratio of 19.97, a PEG ratio of 3.54 and a beta of 0.47. Kimberly Clark Corp has a 12-month low of $110.66 and a 12-month high of $160.16. The company has a debt-to-equity ratio of 14.59, a quick ratio of 0.63 and a current ratio of 0.91. The business has a 50 day moving average of $154.47 and a 200-day moving average of $141.91.

Kimberly Clark (NYSE:KMB) last released its quarterly earnings data on Thursday, July 23rd. The company reported $2.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.40. Kimberly Clark had a net margin of 13.58% and a return on equity of 1,319.56%. The business had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.48 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The company’s revenue was up .4% compared to the same quarter last year. On average, analysts expect that Kimberly Clark Corp will post 7.69 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 4th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Thursday, September 3rd. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.12%.

Kimberly Clark Company Profile

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

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

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