1,917 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Ground Swell Capital LLC

Ground Swell Capital LLC purchased a new position in Kimberly-Clark Co. (NYSE:KMB) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,917 shares of the company’s stock, valued at approximately $273,000.

A number of other institutional investors have also recently made changes to their positions in the stock. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark during the second quarter worth approximately $26,000. Crewe Advisors LLC bought a new position in shares of Kimberly-Clark during the 1st quarter valued at $27,000. New Millennium Group LLC purchased a new position in Kimberly-Clark in the 2nd quarter worth $28,000. Strategic Financial Concepts LLC purchased a new stake in Kimberly-Clark during the second quarter valued at about $32,000. Finally, DiNuzzo Private Wealth Inc. boosted its position in Kimberly-Clark by 808.0% during the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after buying an additional 202 shares during the period. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KMB shares. Argus raised Kimberly-Clark to a “hold” rating in a research note on Friday, July 26th. StockNews.com lowered Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Barclays raised their target price on Kimberly-Clark from $135.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Friday, October 11th. UBS Group lowered their price target on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, TD Cowen assumed coverage on Kimberly-Clark in a report on Tuesday, July 23rd. They set a “buy” rating and a $161.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $149.93.

Kimberly-Clark Trading Up 0.3 %

NYSE:KMB opened at $134.61 on Monday. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The stock has a market cap of $44.89 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 2.82 and a beta of 0.40. The company’s 50 day moving average price is $142.00 and its 200-day moving average price is $139.20. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.14. The firm 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%. The company’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.74 EPS. On average, equities research analysts forecast that Kimberly-Clark Co. will post 7.26 earnings per share for the current fiscal year.

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.