Compass Capital Management Inc. Has $219,000 Stake in Kimberly-Clark Corporation (KMB)
Compass Capital Management Inc. lessened its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 22.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,699 shares of the company’s stock after selling 490 shares during the quarter. Compass Capital Management Inc.’s holdings in Kimberly-Clark Corporation were worth $219,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in KMB. Waldron LP purchased a new stake in shares of Kimberly-Clark Corporation during the first quarter valued at approximately $255,000. Paragon Capital Management Ltd purchased a new stake in shares of Kimberly-Clark Corporation during the first quarter valued at approximately $381,000. Oakwood Capital Management LLC CA boosted its stake in shares of Kimberly-Clark Corporation by 0.9% during the first quarter. Oakwood Capital Management LLC CA now owns 43,540 shares of the company’s stock valued at $5,731,000 after purchasing an additional 380 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Kimberly-Clark Corporation by 7.1% during the first quarter. Russell Investments Group Ltd. now owns 296,612 shares of the company’s stock valued at $39,053,000 after purchasing an additional 19,773 shares during the period. Finally, Asset Advisors Corp boosted its stake in shares of Kimberly-Clark Corporation by 13.8% during the first quarter. Asset Advisors Corp now owns 91,630 shares of the company’s stock valued at $12,061,000 after purchasing an additional 11,100 shares during the period. 70.09% of the stock is owned by hedge funds and other institutional investors.
A number of research firms have recently weighed in on KMB. Citigroup Inc. set a $132.00 price objective on Kimberly-Clark Corporation and gave the company a “hold” rating in a research note on Wednesday, July 26th. Zacks Investment Research lowered Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 7th. BidaskClub lowered Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a $157.00 price target on Kimberly-Clark Corporation and gave the stock a “buy” rating in a research note on Monday, June 19th. Finally, UBS AG lowered Kimberly-Clark Corporation from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $134.00 to $120.00 in a research note on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $132.07.
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Kimberly-Clark Corporation (NYSE:KMB) opened at 120.16 on Thursday. The stock has a market cap of $42.45 billion, a price-to-earnings ratio of 20.06 and a beta of 0.78. The firm’s 50-day moving average price is $121.49 and its 200 day moving average price is $127.61. Kimberly-Clark Corporation has a 12 month low of $111.30 and a 12 month high of $136.21.
Kimberly-Clark Corporation (NYSE:KMB) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $1.49 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.49. The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.56 billion. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. Kimberly-Clark Corporation’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.53 EPS. On average, analysts anticipate that Kimberly-Clark Corporation will post $6.21 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 3.23%. The ex-dividend date is Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio is 64.88%.
In other news, Director Robert W. Decherd bought 1,500 shares of the stock in a transaction on Thursday, August 3rd. The stock was acquired at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the acquisition, the director now owns 43,444 shares of the company’s stock, valued at $5,309,291.24. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.56% of the stock is currently owned by corporate insiders.
About Kimberly-Clark Corporation
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
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