International Private Wealth Advisors LLC Has $469,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

International Private Wealth Advisors LLC cut its holdings in Kimberly-Clark Co. (NYSE:KMB) by 5.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,297 shares of the company’s stock after selling 200 shares during the quarter. International Private Wealth Advisors LLC’s holdings in Kimberly-Clark were worth $469,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. William B. Walkup & Associates Inc. bought a new position in Kimberly-Clark in the second quarter valued at about $26,000. Crewe Advisors LLC bought a new position in shares of Kimberly-Clark during the first quarter worth about $27,000. New Millennium Group LLC bought a new position in shares of Kimberly-Clark during the second quarter worth about $28,000. Strategic Financial Concepts LLC bought a new position in shares of Kimberly-Clark during the second quarter worth about $32,000. Finally, DiNuzzo Private Wealth Inc. raised its position in shares of Kimberly-Clark by 808.0% during the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after acquiring an additional 202 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

KMB has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price objective on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Wednesday, October 23rd. Barclays raised their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research report on Wednesday, October 23rd. TD Cowen began coverage on Kimberly-Clark in a research note on Tuesday, July 23rd. They set a “buy” rating and a $161.00 target price for the company. Finally, UBS Group decreased their target price on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Kimberly-Clark currently has a consensus rating of “Hold” and an average price target of $149.93.

Kimberly-Clark Stock Down 0.4 %

Kimberly-Clark stock traded down $0.52 during mid-day trading on Thursday, reaching $131.67. The stock had a trading volume of 235,684 shares, compared to its average volume of 2,099,366. The firm has a market capitalization of $43.91 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 2.78 and a beta of 0.40. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The stock’s 50-day simple moving average is $140.08 and its 200-day simple moving average is $139.18.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. Kimberly-Clark’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.74 earnings per share. On average, sell-side analysts forecast that Kimberly-Clark Co. will post 7.26 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be given a dividend of $1.22 per share. This represents a $4.88 annualized dividend and a dividend yield of 3.71%. Kimberly-Clark’s payout ratio is 63.29%.

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.