Moors & Cabot Inc. decreased its position in Kimberly Clark Corp (NYSE:KMB) by 1.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,192 shares of the company’s stock after selling 206 shares during the quarter. Moors & Cabot Inc.’s holdings in Kimberly Clark were worth $2,556,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of KMB. Horan Capital Advisors LLC. acquired a new position in shares of Kimberly Clark in the 1st quarter valued at $25,000. HMS Capital Management LLC bought a new stake in shares of Kimberly Clark during the second quarter worth $28,000. Weaver Consulting Group bought a new stake in shares of Kimberly Clark during the first quarter worth $38,000. Penserra Capital Management LLC bought a new stake in shares of Kimberly Clark during the first quarter worth $40,000. Finally, Ellis Investment Partners LLC bought a new stake in shares of Kimberly Clark during the first quarter worth $41,000. 71.45% of the stock is owned by institutional investors.

Shares of Kimberly Clark stock traded up $1.22 during trading hours on Tuesday, hitting $139.47. The company’s stock had a trading volume of 355,524 shares, compared to its average volume of 1,554,804. Kimberly Clark Corp has a 12 month low of $100.32 and a 12 month high of $140.62. The stock has a 50 day simple moving average of $136.43. The company has a market capitalization of $47.21 billion, a P/E ratio of 21.10, a PEG ratio of 3.67 and a beta of 0.58. The company has a quick ratio of 0.53, a current ratio of 0.81 and a debt-to-equity ratio of 134.02.

Kimberly Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, July 23rd. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.03. Kimberly Clark had a return on equity of 27,094.12% and a net margin of 9.80%. The company had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $4.60 billion. During the same period in the prior year, the company earned $1.59 earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. As a group, research analysts anticipate that Kimberly Clark Corp will post 6.8 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, June 6th. This represents a $4.12 annualized dividend and a dividend yield of 2.95%. Kimberly Clark’s dividend payout ratio is currently 62.33%.

KMB has been the subject of a number of recent research reports. Macquarie set a $36.00 target price on Steel Dynamics and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. Atlantic Securities upgraded Kimberly Clark from an “underweight” rating to a “neutral” rating in a research report on Wednesday, July 24th. Deutsche Bank restated a “buy” rating and set a GBX 430 ($5.62) target price on shares of in a research report on Monday, June 17th. Argus upgraded Kimberly Clark from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Tuesday, April 23rd. Finally, Morgan Stanley dropped their price objective on Lionsgate from $18.00 to $14.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $128.81.

In other news, insider Aaron Powell sold 6,986 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $127.02, for a total transaction of $887,361.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Sandra Macquillan sold 5,385 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $126.15, for a total value of $679,317.75. Following the transaction, the senior vice president now directly owns 15,814 shares of the company’s stock, valued at $1,994,936.10. The disclosure for this sale can be found here. Insiders have sold 135,961 shares of company stock valued at $17,442,674 over the last ninety days. 0.85% of the stock is owned by insiders.

Kimberly Clark 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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