Kimberly-Clark Co. (NYSE:KMB) Shares Sold by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC lowered its stake in Kimberly-Clark Co. (NYSE:KMB) by 2.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,457 shares of the company’s stock after selling 117 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Kimberly-Clark were worth $634,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. United Capital Management of KS Inc. purchased a new stake in shares of Kimberly-Clark during the third quarter worth about $4,444,000. Kennebec Savings Bank purchased a new position in Kimberly-Clark in the 3rd quarter valued at $36,000. Ashton Thomas Securities LLC acquired a new stake in Kimberly-Clark during the 3rd quarter worth $103,000. Los Angeles Capital Management LLC raised its holdings in Kimberly-Clark by 59.6% in the 3rd quarter. Los Angeles Capital Management LLC now owns 136,784 shares of the company’s stock valued at $19,462,000 after acquiring an additional 51,067 shares during the last quarter. Finally, Meritage Portfolio Management lifted its position in Kimberly-Clark by 28.2% during the third quarter. Meritage Portfolio Management now owns 34,384 shares of the company’s stock worth $4,892,000 after buying an additional 7,560 shares in the last quarter. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Kimberly-Clark from $146.00 to $147.00 and gave the stock a “hold” rating in a research report on Tuesday, October 8th. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Argus raised Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. JPMorgan Chase & Co. reduced their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Wednesday, October 23rd. Finally, UBS Group reduced their target price on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Trading Down 0.2 %

Shares of KMB opened at $133.28 on Tuesday. The firm has a 50 day moving average price of $140.93 and a 200-day moving average price of $139.27. Kimberly-Clark Co. has a fifty-two week low of $117.67 and a fifty-two week high of $149.30. The firm has a market cap of $44.45 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 2.81 and a beta of 0.40. 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 (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 EPS for the quarter, topping 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 company had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. During the same period last year, the firm earned $1.74 EPS. Kimberly-Clark’s revenue for the quarter was down 3.5% compared to the same quarter last year. As a group, equities research analysts forecast that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

About Kimberly-Clark

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.