ETRADE Capital Management LLC Has $2.75 Million Stake in Kimberly-Clark Corporation (KMB)

ETRADE Capital Management LLC lifted its position in Kimberly-Clark Corporation (NYSE:KMB) by 7.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,299 shares of the company’s stock after purchasing an additional 1,483 shares during the period. ETRADE Capital Management LLC’s holdings in Kimberly-Clark Corporation were worth $2,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mosaic Family Wealth LLC grew its stake in Kimberly-Clark Corporation by 0.5% during the second quarter. Mosaic Family Wealth LLC now owns 1,116 shares of the company’s stock valued at $144,000 after acquiring an additional 6 shares in the last quarter. Investment Partners Ltd. OH ADV grew its stake in Kimberly-Clark Corporation by 0.3% during the second quarter. Investment Partners Ltd. OH ADV now owns 2,852 shares of the company’s stock valued at $368,000 after acquiring an additional 8 shares in the last quarter. Winch Advisory Services LLC grew its stake in Kimberly-Clark Corporation by 0.6% during the second quarter. Winch Advisory Services LLC now owns 1,404 shares of the company’s stock valued at $181,000 after acquiring an additional 8 shares in the last quarter. Jackson Grant Investment Advisers Inc. grew its stake in Kimberly-Clark Corporation by 0.6% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,480 shares of the company’s stock valued at $320,000 after acquiring an additional 14 shares in the last quarter. Finally, Stratford Consulting LLC grew its stake in Kimberly-Clark Corporation by 0.7% during the second quarter. Stratford Consulting LLC now owns 2,034 shares of the company’s stock valued at $263,000 after acquiring an additional 15 shares in the last quarter. 70.60% of the stock is owned by hedge funds and other institutional investors.

Shares of Kimberly-Clark Corporation (NYSE KMB) opened at $117.00 on Wednesday. The stock has a market cap of $40,575.21, a PE ratio of 18.88, a PEG ratio of 3.00 and a beta of 0.74. The company has a quick ratio of 0.64, a current ratio of 0.97 and a debt-to-equity ratio of 14.17. Kimberly-Clark Corporation has a twelve month low of $109.67 and a twelve month high of $136.21.

Kimberly-Clark Corporation (NYSE:KMB) last released its earnings results on Monday, October 23rd. The company reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.54 by $0.06. The firm had revenue of $4.64 billion during the quarter, compared to analyst estimates of $4.65 billion. Kimberly-Clark Corporation had a net margin of 11.89% and a return on equity of 666.97%. The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business earned $1.52 EPS. research analysts expect that Kimberly-Clark Corporation will post 6.2 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Friday, December 8th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $3.88 annualized dividend and a dividend yield of 3.32%. Kimberly-Clark Corporation’s dividend payout ratio (DPR) is presently 64.03%.

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Several equities analysts recently weighed in on KMB shares. Berenberg Bank reaffirmed a “hold” rating on shares of Kimberly-Clark Corporation in a research note on Thursday, July 27th. Jefferies Group LLC reaffirmed a “hold” rating and set a $119.00 target price on shares of Kimberly-Clark Corporation in a research note on Thursday, September 7th. Zacks Investment Research raised shares of Kimberly-Clark Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Citigroup Inc. reaffirmed a “neutral” rating and set a $131.00 target price (down from $132.00) on shares of Kimberly-Clark Corporation in a research note on Friday, August 11th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $121.00 target price on shares of Kimberly-Clark Corporation in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company’s stock. Kimberly-Clark Corporation currently has an average rating of “Hold” and a consensus target price of $127.14.

Kimberly-Clark Corporation Company Profile

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.

Institutional Ownership by Quarter for Kimberly-Clark Corporation (NYSE:KMB)

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