Aristotle Capital Management LLC decreased its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 0.7% during the first quarter, Holdings Channel reports. The fund owned 10,300 shares of the company’s stock after selling 70 shares during the period. Aristotle Capital Management LLC’s holdings in Kimberly-Clark Corporation were worth $1,356,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Integrated Wealth Management boosted its position in Kimberly-Clark Corporation by 9.5% in the first quarter. Integrated Wealth Management now owns 3,925 shares of the company’s stock valued at $517,000 after buying an additional 339 shares during the last quarter. Atria Investments LLC boosted its position in Kimberly-Clark Corporation by 15.3% in the first quarter. Atria Investments LLC now owns 36,365 shares of the company’s stock valued at $4,787,000 after buying an additional 4,829 shares during the last quarter. BKD Wealth Advisors LLC boosted its position in Kimberly-Clark Corporation by 21.8% in the first quarter. BKD Wealth Advisors LLC now owns 4,769 shares of the company’s stock valued at $628,000 after buying an additional 854 shares during the last quarter. Winslow Evans & Crocker Inc. boosted its position in Kimberly-Clark Corporation by 6.5% in the first quarter. Winslow Evans & Crocker Inc. now owns 3,130 shares of the company’s stock valued at $412,000 after buying an additional 190 shares during the last quarter. Finally, Hays Advisory LLC bought a new position in Kimberly-Clark Corporation during the first quarter valued at approximately $276,000. 70.15% of the stock is currently owned by hedge funds and other institutional investors.
Kimberly-Clark Corporation (KMB) traded up 0.81% on Monday, hitting $121.62. 145,654 shares of the stock traded hands. The company’s 50 day moving average price is $125.09 and its 200-day moving average price is $128.50. The stock has a market capitalization of $42.97 billion, a P/E ratio of 20.31 and a beta of 0.76. Kimberly-Clark Corporation has a 12-month low of $111.30 and a 12-month high of $136.21.
Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Tuesday, July 25th. The company reported $1.49 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.49. Kimberly-Clark Corporation had a return on equity of 636.30% and a net margin of 11.82%. The firm had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $4.56 billion. During the same quarter in the previous year, the business posted $1.53 earnings per share. The business’s revenue for the quarter was down .7% on a year-over-year basis. Analysts predict that Kimberly-Clark Corporation will post $6.21 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 8th will be given a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, September 7th. Kimberly-Clark Corporation’s dividend payout ratio is presently 64.88%.
COPYRIGHT VIOLATION NOTICE: “Kimberly-Clark Corporation (NYSE:KMB) Shares Sold by Aristotle Capital Management LLC” was originally posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://stocknewstimes.com/2017/08/14/kimberly-clark-corporation-nysekmb-shares-sold-by-aristotle-capital-management-llc.html.
KMB has been the topic of several recent research reports. Vetr cut shares of Kimberly-Clark Corporation from a “buy” rating to a “hold” rating and set a $139.00 price objective on the stock. in a research note on Tuesday, April 18th. Jefferies Group LLC initiated coverage on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 18th. They issued a “hold” rating and a $134.00 price objective on the stock. TheStreet raised shares of Kimberly-Clark Corporation from a “c+” rating to an “a-” rating in a research note on Wednesday, April 26th. BidaskClub raised shares of Kimberly-Clark Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $121.00 price objective on shares of Kimberly-Clark Corporation in a research note on Tuesday, April 25th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $133.07.
In other news, insider Sergio Cruz sold 7,078 shares of Kimberly-Clark Corporation stock in a transaction dated Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total transaction of $920,210.78. Following the sale, the insider now directly owns 4,910 shares of the company’s stock, valued at $638,349.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert W. Decherd purchased 1,500 shares of the business’s stock in a transaction dated Thursday, August 3rd. The shares were purchased at an average cost of $122.21 per share, for a total transaction of $183,315.00. Following the completion of the purchase, the director now directly owns 43,444 shares of the company’s stock, valued at approximately $5,309,291.24. The disclosure for this purchase can be found here. Insiders own 0.56% of the company’s stock.
About Kimberly-Clark Corporation
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.
Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly-Clark Corporation (NYSE:KMB).
Receive News & Ratings for Kimberly-Clark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kimberly-Clark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
