Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,551 shares of the company’s stock after selling 5,314 shares during the quarter. Yousif Capital Management LLC’s holdings in Kimberly-Clark were worth $12,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its stake in Kimberly-Clark by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,191,478 shares of the company’s stock valued at $869,090,000 after acquiring an additional 177,712 shares during the last quarter. American Century Companies Inc. lifted its position in Kimberly-Clark by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 4,996,401 shares of the company’s stock valued at $603,815,000 after purchasing an additional 641,187 shares during the period. Morgan Stanley raised its position in shares of Kimberly-Clark by 4.6% in the 3rd quarter. Morgan Stanley now owns 4,884,941 shares of the company’s stock valued at $590,345,000 after acquiring an additional 212,739 shares during the period. Northern Trust Corp increased its stake in Kimberly-Clark by 4.0% during the 3rd quarter. Northern Trust Corp now owns 4,051,719 shares of the company’s stock worth $489,650,000 after purchasing an additional 155,066 shares in the last quarter. Finally, Federated Hermes Inc. increased its stake in Kimberly-Clark by 4.5% during the 3rd quarter. Federated Hermes Inc. now owns 3,434,571 shares of the company’s stock worth $415,068,000 after purchasing an additional 148,076 shares in the last quarter. Institutional investors and hedge funds own 76.29% of the company’s stock.

Insider Activity

In related news, insider Tristram Wilkinson sold 3,720 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $121.00, for a total transaction of $450,120.00. Following the completion of the transaction, the insider now owns 17,229 shares in the company, valued at $2,084,709. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, insider Tristram Wilkinson sold 3,720 shares of Kimberly-Clark stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $121.00, for a total transaction of $450,120.00. Following the sale, the insider now directly owns 17,229 shares of the company’s stock, valued at approximately $2,084,709. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark T. Smucker purchased 827 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was purchased at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the transaction, the director now directly owns 827 shares in the company, valued at approximately $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by company insiders.

Analysts Set New Price Targets

KMB has been the subject of several analyst reports. Wells Fargo & Company raised their target price on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday. StockNews.com raised shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, April 11th. HSBC boosted their target price on Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday. Bank of America upped their price objective on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research note on Wednesday. Finally, Royal Bank of Canada increased their price target on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $135.21.

Kimberly-Clark Price Performance

Shares of NYSE:KMB traded up $1.84 during trading on Wednesday, hitting $137.88. 2,315,896 shares of the stock were exchanged, compared to its average volume of 2,204,659. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 12-month low of $116.32 and a 12-month high of $147.87. The company has a market cap of $46.45 billion, a PE ratio of 26.46, a P/E/G ratio of 3.83 and a beta of 0.40. The company has a fifty day moving average price of $124.78 and a two-hundred day moving average price of $122.55.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.40. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.67 earnings per share. On average, analysts forecast that Kimberly-Clark Co. will post 6.84 EPS for the current year.

About Kimberly-Clark

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.