Whitener Capital Management Inc. Sells 125 Shares of Kimberly-Clark Co. (NYSE:KMB)

Whitener Capital Management Inc. cut its stake in shares of Kimberly-Clark Co. (NYSE:KMB) by 1.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,345 shares of the company’s stock after selling 125 shares during the quarter. Whitener Capital Management Inc.’s holdings in Kimberly-Clark were worth $1,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of KMB. Price T Rowe Associates Inc. MD lifted its holdings in shares of Kimberly-Clark by 19.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company’s stock worth $762,279,000 after acquiring an additional 944,920 shares during the last quarter. Wulff Hansen & CO. lifted its stake in Kimberly-Clark by 13,720.0% during the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company’s stock worth $88,659,000 after purchasing an additional 636,882 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Kimberly-Clark by 48.4% in the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company’s stock worth $213,539,000 after purchasing an additional 503,839 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Kimberly-Clark by 22.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company’s stock valued at $267,383,000 after purchasing an additional 354,501 shares during the last quarter. Finally, Capital World Investors raised its holdings in shares of Kimberly-Clark by 17.8% during the 1st quarter. Capital World Investors now owns 2,269,492 shares of the company’s stock valued at $293,559,000 after buying an additional 342,790 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB opened at $134.61 on Friday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. The stock has a market capitalization of $44.89 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.82 and a beta of 0.40. The stock’s 50 day moving average price is $142.00 and its 200-day moving average price is $139.10. Kimberly-Clark Co. has a 52-week low of $117.67 and a 52-week high of $149.30.

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on KMB shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. decreased their target price on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. TD Cowen began coverage on shares of Kimberly-Clark in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price target for the company. StockNews.com cut Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Finally, Barclays boosted their target price on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $149.93.

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.