Kimberly-Clark Co. (NYSE:KMB) Insider Katy Chen Sells 454 Shares of Stock

Kimberly-Clark Co. (NYSE:KMB) insider Katy Chen sold 454 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of $135.24, for a total value of $61,398.96. Following the completion of the sale, the insider now owns 520 shares of the company’s stock, valued at $70,324.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Kimberly-Clark Trading Up 0.4 %

Shares of KMB opened at $136.53 on Wednesday. The stock has a market capitalization of $45.97 billion, a P/E ratio of 25.10, a PEG ratio of 3.85 and a beta of 0.40. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. The firm has a fifty day simple moving average of $126.56 and a two-hundred day simple moving average of $123.14. Kimberly-Clark Co. has a twelve month low of $116.32 and a twelve month high of $147.02.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.40. The firm had revenue of $5.15 billion during the quarter, compared to analyst estimates of $5.08 billion. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. Kimberly-Clark’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 earnings per share. On average, research analysts anticipate that Kimberly-Clark Co. will post 7 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. HSBC lifted their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Royal Bank of Canada boosted their price target on shares of Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 24th. The Goldman Sachs Group upped their target price on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft raised their price target on Kimberly-Clark from $127.00 to $132.00 and gave the company a “hold” rating in a research report on Thursday, March 28th. Finally, Barclays increased their price objective on Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a research report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Kimberly-Clark has a consensus rating of “Hold” and an average price target of $134.85.

Institutional Investors Weigh In On Kimberly-Clark

A number of institutional investors have recently modified their holdings of KMB. OFI Invest Asset Management purchased a new position in Kimberly-Clark in the 3rd quarter valued at $25,000. Rise Advisors LLC raised its position in shares of Kimberly-Clark by 926.3% in the first quarter. Rise Advisors LLC now owns 195 shares of the company’s stock valued at $25,000 after buying an additional 176 shares during the last quarter. Cranbrook Wealth Management LLC lifted its stake in shares of Kimberly-Clark by 90.9% in the fourth quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after buying an additional 100 shares in the last quarter. Accordant Advisory Group Inc acquired a new position in Kimberly-Clark during the first quarter worth about $27,000. Finally, Centerpoint Advisors LLC raised its stake in Kimberly-Clark by 175.0% during the third quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after purchasing an additional 175 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Company 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.