Kimberly-Clark Co. (NYSE:KMB) Shares Sold by First National Bank of Omaha

First National Bank of Omaha cut its holdings in shares of Kimberly-Clark Co. (NYSE:KMBGet Rating) by 7.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,887 shares of the company’s stock after selling 296 shares during the period. First National Bank of Omaha’s holdings in Kimberly-Clark were worth $479,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. First Affirmative Financial Network raised its holdings in shares of Kimberly-Clark by 18.1% during the first quarter. First Affirmative Financial Network now owns 2,220 shares of the company’s stock valued at $273,000 after acquiring an additional 340 shares during the period. State Street Corp raised its holdings in shares of Kimberly-Clark by 1.1% during the first quarter. State Street Corp now owns 18,052,213 shares of the company’s stock valued at $2,243,722,000 after acquiring an additional 194,143 shares during the period. Norges Bank acquired a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $473,552,000. Van ECK Associates Corp acquired a new stake in shares of Kimberly-Clark during the first quarter valued at approximately $559,000. Finally, Integrated Advisors Network LLC raised its holdings in shares of Kimberly-Clark by 25.4% during the first quarter. Integrated Advisors Network LLC now owns 1,857 shares of the company’s stock valued at $229,000 after acquiring an additional 376 shares during the period. 74.36% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Shares of KMB opened at $122.02 on Friday. The company’s fifty day moving average is $131.90 and its 200-day moving average is $130.40. Kimberly-Clark Co. has a 12 month low of $117.32 and a 12 month high of $145.79. The firm has a market cap of $41.20 billion, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 4.32 and a beta of 0.31. The company has a quick ratio of 0.47, a current ratio of 0.79 and a debt-to-equity ratio of 10.37.

Kimberly-Clark (NYSE:KMBGet Rating) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.01). The firm had revenue of $5.06 billion for the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a return on equity of 249.60% and a net margin of 8.87%. Kimberly-Clark’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 earnings per share. Equities analysts expect that Kimberly-Clark Co. will post 5.64 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 4th. Investors of record on Friday, September 9th will be issued a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a dividend yield of 3.80%. The ex-dividend date is Thursday, September 8th. Kimberly-Clark’s dividend payout ratio is currently 87.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on KMB shares. Barclays cut their price target on shares of Kimberly-Clark from $129.00 to $124.00 and set an “equal weight” rating on the stock in a report on Monday, May 23rd. StockNews.com upgraded shares of Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Friday, July 22nd. UBS Group upped their price objective on shares of Kimberly-Clark from $136.00 to $142.00 and gave the company a “neutral” rating in a research note on Wednesday, July 27th. Finally, Bank of America assumed coverage on shares of Kimberly-Clark in a research note on Wednesday. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and a consensus price target of $131.15.

Kimberly-Clark Company Profile

(Get Rating)

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, swimpants, training and youth pants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Depend, Plenitud, Softex, Poise, and other brand names.

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

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