Legacy Private Trust Co. grew its stake in Kimberly Clark Corp (NYSE:KMB) by 26.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,659 shares of the company’s stock after acquiring an additional 13,300 shares during the period. Kimberly Clark accounts for about 1.0% of Legacy Private Trust Co.’s investment portfolio, making the stock its 29th biggest position. Legacy Private Trust Co.’s holdings in Kimberly Clark were worth $8,485,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Horan Capital Advisors LLC. bought a new stake in shares of Kimberly Clark during the first quarter worth approximately $25,000. HMS Capital Management LLC bought a new stake in shares of Kimberly Clark during the second quarter worth approximately $28,000. Weaver Consulting Group bought a new stake in shares of Kimberly Clark during the first quarter worth approximately $38,000. Penserra Capital Management LLC bought a new stake in shares of Kimberly Clark during the first quarter worth approximately $40,000. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of Kimberly Clark by 96.7% during the first quarter. Creative Financial Designs Inc. ADV now owns 358 shares of the company’s stock worth $44,000 after buying an additional 176 shares during the last quarter. 71.45% of the stock is owned by institutional investors.

In other news, SVP Jeffrey P. Melucci sold 7,903 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $130.17, for a total value of $1,028,733.51. Following the completion of the transaction, the senior vice president now owns 15,297 shares in the company, valued at $1,991,210.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Sandra Macquillan sold 5,385 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $126.15, for a total transaction of $679,317.75. Following the completion of the transaction, the senior vice president now owns 15,814 shares of the company’s stock, valued at approximately $1,994,936.10. The disclosure for this sale can be found here. Insiders sold 135,961 shares of company stock valued at $17,442,674 in the last quarter. Corporate insiders own 0.85% of the company’s stock.

A number of research analysts recently issued reports on the stock. Deutsche Bank restated a “buy” rating and set a GBX 430 ($5.62) price objective on shares of in a report on Monday, June 17th. Macquarie set a $36.00 price objective on shares of Steel Dynamics and gave the company a “hold” rating in a report on Tuesday, April 23rd. Barclays restated a “hold” rating on shares of Kimberly Clark in a report on Sunday. JPMorgan Chase & Co. restated a “buy” rating on shares of SAGE Therapeutics in a report on Wednesday, July 24th. Finally, Morgan Stanley decreased their price objective on shares of Lionsgate from $18.00 to $14.00 and set an “equal weight” rating for the company in a report on Wednesday, July 24th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $128.81.

Kimberly Clark stock opened at $138.25 on Tuesday. The firm has a market capitalization of $47.21 billion, a PE ratio of 20.92, a PEG ratio of 3.67 and a beta of 0.58. Kimberly Clark Corp has a twelve month low of $100.32 and a twelve month high of $140.62. The company has a debt-to-equity ratio of 134.02, a current ratio of 0.81 and a quick ratio of 0.53. The firm has a 50 day moving average of $136.43.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Friday, June 7th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Thursday, June 6th. Kimberly Clark’s dividend payout ratio (DPR) is presently 62.33%.

About Kimberly Clark

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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