31,235 Shares in Kimberly-Clark Co. (NYSE:KMB) Purchased by United Capital Management of KS Inc.

United Capital Management of KS Inc. purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 31,235 shares of the company's stock, valued at approximately $4,444,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Kimberly-Clark by 18.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 454,104 shares of the company's stock worth $58,738,000 after purchasing an additional 69,794 shares during the last quarter. Vest Financial LLC boosted its stake in shares of Kimberly-Clark by 6.5% during the 3rd quarter. Vest Financial LLC now owns 347,269 shares of the company's stock worth $49,409,000 after acquiring an additional 21,339 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Kimberly-Clark during the 2nd quarter valued at $14,751,000. Swedbank AB raised its holdings in Kimberly-Clark by 4.0% in the 2nd quarter. Swedbank AB now owns 166,108 shares of the company's stock worth $22,956,000 after purchasing an additional 6,392 shares during the period. Finally, PGGM Investments lifted its position in Kimberly-Clark by 84.6% during the second quarter. PGGM Investments now owns 25,927 shares of the company's stock valued at $3,583,000 after purchasing an additional 11,882 shares in the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Trading Down 0.0 %

NYSE:KMB traded down $0.01 during midday trading on Monday, hitting $133.60. 792,553 shares of the company traded hands, compared to its average volume of 2,105,171. The firm has a market capitalization of $44.55 billion, a P/E ratio of 17.33, a P/E/G ratio of 2.81 and a beta of 0.40. The firm's fifty day moving average is $140.93 and its 200-day moving average is $139.27. Kimberly-Clark Co. has a 12-month low of $117.67 and a 12-month high of $149.30. 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 (NYSE:KMB - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm's revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.74 EPS. On average, sell-side analysts predict that Kimberly-Clark Co. will post 7.26 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on KMB. Deutsche Bank Aktiengesellschaft raised their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a "hold" rating in a research note on Tuesday, October 8th. Wells Fargo & Company dropped their price target on shares of Kimberly-Clark from $138.00 to $134.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 24th. Argus upgraded shares of Kimberly-Clark to a "hold" rating in a research report on Friday, July 26th. Barclays increased their price target on Kimberly-Clark from $135.00 to $144.00 and gave the stock an "equal weight" rating in a research note on Friday, October 11th. Finally, TD Cowen started coverage on Kimberly-Clark in a research report on Tuesday, July 23rd. They set a "buy" rating and a $161.00 target price for the company. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Kimberly-Clark currently has an average rating of "Hold" and an average price target 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.