Kimberly-Clark Corporation $KMB Shares Sold by Oxbow Advisors LLC

Oxbow Advisors LLC trimmed its holdings in Kimberly-Clark Corporation (NASDAQ:KMB) by 84.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,815 shares of the company’s stock after selling 25,344 shares during the period. Oxbow Advisors LLC’s holdings in Kimberly-Clark were worth $486,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Deseret Mutual Benefit Administrators lifted its holdings in Kimberly-Clark by 3.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 2,585 shares of the company’s stock valued at $321,000 after acquiring an additional 87 shares during the last quarter. Greatmark Investment Partners Inc. lifted its holdings in Kimberly-Clark by 2.9% in the 4th quarter. Greatmark Investment Partners Inc. now owns 3,533 shares of the company’s stock valued at $356,000 after acquiring an additional 100 shares during the last quarter. Shoker Investment Counsel Inc. lifted its holdings in Kimberly-Clark by 0.6% in the 3rd quarter. Shoker Investment Counsel Inc. now owns 17,546 shares of the company’s stock valued at $2,182,000 after acquiring an additional 105 shares during the last quarter. ORG Wealth Partners LLC lifted its holdings in Kimberly-Clark by 15.2% in the 4th quarter. ORG Wealth Partners LLC now owns 864 shares of the company’s stock valued at $87,000 after acquiring an additional 114 shares during the last quarter. Finally, Advyzon Investment Management LLC raised its holdings in Kimberly-Clark by 5.0% during the 3rd quarter. Advyzon Investment Management LLC now owns 2,444 shares of the company’s stock worth $304,000 after buying an additional 117 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on KMB shares. Bank of America cut their price objective on Kimberly-Clark from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Barclays cut their price objective on Kimberly-Clark from $105.00 to $99.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft cut their price objective on Kimberly-Clark from $110.00 to $109.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Kimberly-Clark in a report on Friday, March 27th. Finally, UBS Group boosted their price objective on Kimberly-Clark from $105.00 to $106.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $114.93.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Scribner sold 4,095 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $98.00, for a total value of $401,310.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Katy Chen sold 1,596 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $95.34, for a total value of $152,162.64. Following the completion of the transaction, the insider owned 8,362 shares in the company, valued at $797,233.08. This represents a 16.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 7,096 shares of company stock worth $689,687 in the last quarter. 0.75% of the stock is owned by corporate insiders.

Kimberly-Clark Price Performance

Shares of KMB opened at $98.31 on Monday. The company has a market capitalization of $32.63 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 4.70 and a beta of 0.29. Kimberly-Clark Corporation has a fifty-two week low of $92.42 and a fifty-two week high of $144.30. The company has a debt-to-equity ratio of 3.38, a current ratio of 0.77 and a quick ratio of 0.55. The business’s 50-day moving average is $99.59 and its 200-day moving average is $103.00.

Kimberly-Clark (NASDAQ:KMB) last issued its earnings results on Tuesday, April 28th. The company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.04. The company had revenue of $4.16 billion for the quarter, compared to the consensus estimate of $4.09 billion. Kimberly-Clark had a return on equity of 152.79% and a net margin of 12.80%.The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.93 EPS. Equities research analysts expect that Kimberly-Clark Corporation will post 7.48 EPS for the current fiscal year.

Kimberly-Clark Profile

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.