Addison Advisors LLC Boosts Stake in Kimberly-Clark Co. (NYSE:KMB)

Addison Advisors LLC boosted its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 239.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 567 shares of the company’s stock after buying an additional 400 shares during the period. Addison Advisors LLC’s holdings in Kimberly-Clark were worth $69,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. OFI Invest Asset Management acquired a new position in shares of Kimberly-Clark during the third quarter worth $25,000. Cranbrook Wealth Management LLC increased its position in shares of Kimberly-Clark by 90.9% during the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after purchasing an additional 100 shares in the last quarter. Centerpoint Advisors LLC increased its position in shares of Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of Kimberly-Clark during the fourth quarter worth $35,000. Finally, Legacy Financial Group LLC acquired a new position in shares of Kimberly-Clark during the third quarter worth $37,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on Kimberly-Clark from $131.00 to $136.00 and gave the stock an “equal weight” rating in a research report on Wednesday. The Goldman Sachs Group upped their price target on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday. UBS Group upped their price target on Kimberly-Clark from $135.00 to $138.00 and gave the stock a “neutral” rating in a research report on Wednesday. Bank of America upped their target price on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research report on Wednesday. Finally, Citigroup upped their target price on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $134.85.

Kimberly-Clark Stock Performance

KMB traded down $1.19 during midday trading on Friday, hitting $135.24. 2,123,919 shares of the company were exchanged, compared to its average volume of 2,437,404. The company’s 50 day simple moving average is $125.86 and its 200 day simple moving average is $122.89. The firm has a market capitalization of $45.54 billion, a price-to-earnings ratio of 24.86, a price-to-earnings-growth ratio of 3.86 and a beta of 0.40. The company has a current ratio of 0.81, a quick ratio of 0.54 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 1-year low of $116.32 and a 1-year high of $147.09.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results 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 company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm earned $1.67 EPS. As a group, sell-side analysts predict that Kimberly-Clark Co. will post 7 earnings per share for the current year.

Insider Transactions at Kimberly-Clark

In other news, insider Paula Ramos sold 10,178 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, insider Paula Ramos sold 10,178 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $137.17, for a total value of $1,396,116.26. Following the transaction, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mark T. Smucker purchased 827 shares of the firm’s stock in a transaction that occurred on Monday, January 29th. The stock was bought at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the purchase, 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. Corporate insiders own 0.62% of the company’s stock.

Kimberly-Clark 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.