D Orazio & Associates Inc. Purchases Shares of 1,430 Kimberly-Clark Co. (NYSE:KMB)

D Orazio & Associates Inc. acquired a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,430 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds have also modified their holdings of the company. William B. Walkup & Associates Inc. purchased a new position in Kimberly-Clark during the second quarter worth approximately $26,000. Crewe Advisors LLC acquired a new stake in shares of Kimberly-Clark during the 1st quarter worth $27,000. New Millennium Group LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth $28,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the 2nd quarter worth $32,000. Finally, DiNuzzo Private Wealth Inc. boosted its holdings in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after acquiring an additional 202 shares during the last quarter. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

Shares of Kimberly-Clark stock opened at $132.19 on Thursday. The company has a debt-to-equity ratio of 4.77, a quick ratio of 0.55 and a current ratio of 0.83. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The firm’s 50-day simple moving average is $140.40 and its 200-day simple moving average is $139.23. The firm has a market cap of $44.08 billion, a PE ratio of 17.15, a price-to-earnings-growth ratio of 2.78 and a beta of 0.40.

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

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 6th will be issued a $1.22 dividend. This represents a $4.88 dividend on an annualized basis and a yield of 3.69%. Kimberly-Clark’s dividend payout ratio is presently 63.29%.

Analyst Ratings Changes

A number of research firms have recently commented on KMB. TD Cowen assumed coverage on Kimberly-Clark in a report on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 price objective on the stock. StockNews.com downgraded shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Royal Bank of Canada reissued an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. Argus raised Kimberly-Clark to a “hold” rating in a research report on Friday, July 26th. Finally, Barclays increased 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 investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Kimberly-Clark presently has an average 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.