Community Bank & Trust Waco Texas Has $389,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Community Bank & Trust Waco Texas cut its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,734 shares of the company’s stock after selling 100 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in Kimberly-Clark were worth $389,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. William B. Walkup & Associates Inc. acquired a new stake in Kimberly-Clark in the second quarter worth $26,000. Crewe Advisors LLC acquired a new stake in Kimberly-Clark in the first quarter worth $27,000. New Millennium Group LLC acquired a new stake in Kimberly-Clark in the second quarter worth $28,000. Strategic Financial Concepts LLC acquired a new stake in Kimberly-Clark in the second quarter worth $32,000. Finally, DiNuzzo Private Wealth Inc. grew its holdings in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after purchasing an additional 202 shares during the period. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Kimberly-Clark Stock Performance

NYSE:KMB opened at $132.13 on Wednesday. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.83 and a quick ratio of 0.55. The business has a fifty day simple moving average of $140.71 and a two-hundred day simple moving average of $139.25. Kimberly-Clark Co. has a 1 year low of $117.67 and a 1 year high of $149.30. The company has a market capitalization of $44.06 billion, a P/E ratio of 17.14, a P/E/G ratio of 2.80 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share (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 business had revenue of $4.95 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same period last year, the business posted $1.74 earnings per share. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. On average, analysts expect that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 30th. Wells Fargo & Company lowered their price objective 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. TD Cowen assumed coverage on Kimberly-Clark in a report on Tuesday, July 23rd. They issued a “buy” rating and a $161.00 target price on the stock. Barclays raised their target price on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a report on Friday, October 11th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $165.00 target price on shares of Kimberly-Clark 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 given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $149.93.

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.