Curi RMB Capital LLC Trims Holdings in Kimberly-Clark Co. (NYSE:KMB)

Curi RMB Capital LLC lowered its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 85.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,453 shares of the company's stock after selling 25,574 shares during the period. Curi RMB Capital LLC's holdings in Kimberly-Clark were worth $634,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Portfolio Solutions LLC boosted its holdings in shares of Kimberly-Clark by 10.5% during the 1st quarter. Orion Portfolio Solutions LLC now owns 23,680 shares of the company's stock valued at $3,063,000 after buying an additional 2,246 shares in the last quarter. First Foundation Advisors grew its holdings in Kimberly-Clark by 7.9% in the first quarter. First Foundation Advisors now owns 1,403 shares of the company's stock worth $181,000 after purchasing an additional 103 shares during the period. Spirepoint Private Client LLC bought a new position in shares of Kimberly-Clark during the first quarter valued at approximately $397,000. Ontario Teachers Pension Plan Board lifted its holdings in shares of Kimberly-Clark by 10.4% during the first quarter. Ontario Teachers Pension Plan Board now owns 58,175 shares of the company's stock valued at $7,525,000 after purchasing an additional 5,485 shares during the last quarter. Finally, Chiron Capital Management LLC bought a new stake in shares of Kimberly-Clark in the 1st quarter worth approximately $825,000. Hedge funds and other institutional investors own 76.29% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on KMB shares. Wells Fargo & Company dropped their target price on Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 24th. Barclays upped their price target on shares of Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a research note on Friday, October 11th. JPMorgan Chase & Co. reduced their price objective on shares of Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating for the company in a research note on Wednesday, October 23rd. UBS Group dropped their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Finally, StockNews.com downgraded shares of Kimberly-Clark from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $149.93.

Kimberly-Clark Stock Performance

KMB stock traded up $2.40 during trading on Friday, reaching $134.08. The stock had a trading volume of 3,199,116 shares, compared to its average volume of 2,110,211. The firm has a market cap of $44.71 billion, a PE ratio of 17.39, a PEG ratio of 2.77 and a beta of 0.40. 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 stock's 50 day moving average is $139.49 and its two-hundred day moving average is $139.12. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analysts' expectations of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The business's quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.74 EPS. As a group, equities analysts anticipate that Kimberly-Clark Co. will post 7.27 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 6th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark's payout ratio is 63.29%.

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.