Kimberly-Clark Co. (NYSE:KMB) Position Lowered by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC decreased its holdings in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 12.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,140 shares of the company's stock after selling 5,531 shares during the period. Mizuho Markets Americas LLC's holdings in Kimberly-Clark were worth $5,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. purchased a new stake in shares of Kimberly-Clark during the second quarter worth approximately $26,000. Crewe Advisors LLC purchased a new stake in shares of Kimberly-Clark during the first quarter worth $27,000. New Millennium Group LLC purchased a new stake in shares of Kimberly-Clark during the second quarter worth $28,000. Strategic Financial Concepts LLC acquired a new stake in shares of Kimberly-Clark in the second quarter valued at about $32,000. Finally, DiNuzzo Private Wealth Inc. increased its holdings in shares of 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 purchasing an additional 202 shares during the last quarter. Institutional investors and hedge funds own 76.29% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Argus raised shares of Kimberly-Clark to a "hold" rating in a research report on Friday, July 26th. UBS Group reduced their price objective on Kimberly-Clark from $153.00 to $151.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Barclays raised their target price on shares of Kimberly-Clark from $135.00 to $144.00 and gave the company an "equal weight" rating in a report on Friday, October 11th. 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. Finally, TD Cowen began coverage on Kimberly-Clark in a research note on Tuesday, July 23rd. They set a "buy" rating and a $161.00 target price for the company. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $149.93.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock traded up $2.40 during trading on Friday, reaching $134.08. The company's stock had a trading volume of 3,199,116 shares, compared to its average volume of 2,177,092. The business has a 50 day moving average price of $139.49 and a 200-day moving average price of $139.13. The company has a quick ratio of 0.55, a current ratio of 0.83 and a debt-to-equity ratio of 4.77. The company has a market capitalization of $44.71 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 2.81 and a beta of 0.40. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $5.06 billion. During the same quarter in the prior year, the company earned $1.74 EPS. Kimberly-Clark's revenue was down 3.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Kimberly-Clark Co. will post 7.27 EPS for the current year.

Kimberly-Clark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 6th will be given a $1.22 dividend. This represents a $4.88 annualized dividend and a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, December 6th. Kimberly-Clark's dividend payout ratio (DPR) is currently 63.29%.

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.