UBS Group Lowers Kimberly-Clark (NYSE:KMB) Price Target to $132.00

Kimberly-Clark (NYSE:KMB) had its price objective cut by UBS Group from $151.00 to $132.00 in a report released on Thursday morning,Benzinga reports. They currently have a neutral rating on the stock.

KMB has been the topic of a number of other research reports. Barclays increased their price objective 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. Wells Fargo & Company decreased their price target on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Citigroup reduced their price objective on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research note on Wednesday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average price target of $144.57.

Kimberly-Clark Stock Performance

Shares of KMB opened at $126.66 on Thursday. Kimberly-Clark has a 12-month low of $117.67 and a 12-month high of $149.30. The stock has a market cap of $42.24 billion, a P/E ratio of 16.43, a PEG ratio of 2.69 and a beta of 0.41. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. The company has a 50-day moving average of $132.64 and a two-hundred day moving average of $138.13.

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, topping the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a return on equity of 198.59% and a net margin of 12.97%. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.74 EPS. As a group, research analysts predict that Kimberly-Clark will post 7.31 EPS for the current fiscal year.

Kimberly-Clark Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 6th were paid a dividend of $1.22 per share. The ex-dividend date was Friday, December 6th. This represents a $4.88 annualized dividend and a yield of 3.85%. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Insider Transactions at Kimberly-Clark

In related news, VP Andrew Drexler sold 3,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. This represents a 37.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. William B. Walkup & Associates Inc. purchased a new position in shares of Kimberly-Clark in the 2nd quarter valued at $26,000. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark in the 3rd quarter valued at $29,000. DiNuzzo Private Wealth Inc. increased its holdings in Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after purchasing an additional 202 shares in the last quarter. Kennebec Savings Bank purchased a new position in Kimberly-Clark in the third quarter valued at about $36,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of Kimberly-Clark during the third quarter worth about $39,000. 76.29% of the stock is owned by institutional investors and hedge funds.

About Kimberly-Clark

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.