Los Angeles Capital Management LLC Has $19.46 Million Stake in Kimberly-Clark Co. (NYSE:KMB)

Los Angeles Capital Management LLC increased its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 59.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,784 shares of the company's stock after buying an additional 51,067 shares during the quarter. Los Angeles Capital Management LLC's holdings in Kimberly-Clark were worth $19,462,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in Kimberly-Clark by 19.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,893,146 shares of the company's stock valued at $762,279,000 after acquiring an additional 944,920 shares during the period. Wulff Hansen & CO. lifted its holdings in Kimberly-Clark by 13,720.0% in the second quarter. Wulff Hansen & CO. now owns 641,524 shares of the company's stock worth $88,659,000 after purchasing an additional 636,882 shares during the period. Marshall Wace LLP raised its position in shares of Kimberly-Clark by 48.4% during the 2nd quarter. Marshall Wace LLP now owns 1,545,147 shares of the company's stock worth $213,539,000 after buying an additional 503,839 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Kimberly-Clark by 22.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,934,655 shares of the company's stock worth $267,383,000 after acquiring an additional 354,501 shares during the period. Finally, Capital World Investors increased its stake in shares of Kimberly-Clark by 17.8% during the first quarter. Capital World Investors now owns 2,269,492 shares of the company's stock valued at $293,559,000 after acquiring an additional 342,790 shares during the period. 76.29% of the stock is owned by institutional investors and hedge funds.

Kimberly-Clark Stock Down 0.2 %

NYSE KMB traded down $0.33 on Monday, reaching $133.28. The stock had a trading volume of 1,569,784 shares, compared to its average volume of 2,108,736. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The business has a 50 day moving average price of $140.93 and a 200 day moving average price of $139.27. The company has a market capitalization of $44.45 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 2.81 and a beta of 0.40.

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, beating the consensus estimate of $1.69 by $0.14. The firm had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.74 earnings per share. On average, analysts forecast that Kimberly-Clark Co. will post 7.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on KMB. Wells Fargo & Company decreased their target price on Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 24th. Barclays lifted their price objective 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. TD Cowen initiated coverage on shares of Kimberly-Clark in a report on Tuesday, July 23rd. They issued a "buy" rating and a $161.00 target price on the stock. Argus upgraded shares of Kimberly-Clark to a "hold" rating in a report on Friday, July 26th. Finally, JPMorgan Chase & Co. dropped their price target on Kimberly-Clark from $142.00 to $140.00 and set an "underweight" rating on the stock in a report on Wednesday, October 23rd. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $149.93.

Kimberly-Clark Company 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.