Citizens Financial Group Inc RI Sells 1,620 Shares of Kimberly-Clark Corporation (KMB)

Citizens Financial Group Inc RI cut its stake in shares of Kimberly-Clark Corporation (NYSE:KMB) by 2.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,798 shares of the company’s stock after selling 1,620 shares during the period. Citizens Financial Group Inc RI’s holdings in Kimberly-Clark Corporation were worth $7,333,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KMB. Mutual of America Capital Management LLC lifted its position in shares of Kimberly-Clark Corporation by 18.5% in the first quarter. Mutual of America Capital Management LLC now owns 49,574 shares of the company’s stock valued at $6,525,000 after buying an additional 7,735 shares during the last quarter. Buckingham Asset Management LLC lifted its position in shares of Kimberly-Clark Corporation by 49.4% in the first quarter. Buckingham Asset Management LLC now owns 3,651 shares of the company’s stock valued at $481,000 after buying an additional 1,207 shares during the last quarter. Heritage Trust Co acquired a new stake in shares of Kimberly-Clark Corporation in the first quarter valued at approximately $118,000. Outfitter Advisors LTD. lifted its position in shares of Kimberly-Clark Corporation by 0.8% in the first quarter. Outfitter Advisors LTD. now owns 40,090 shares of the company’s stock valued at $5,277,000 after buying an additional 300 shares during the last quarter. Finally, Ffcm LLC lifted its position in shares of Kimberly-Clark Corporation by 5.4% in the first quarter. Ffcm LLC now owns 16,533 shares of the company’s stock valued at $2,177,000 after buying an additional 843 shares during the last quarter. 70.40% of the stock is owned by institutional investors.

Kimberly-Clark Corporation (KMB) opened at $114.55 on Wednesday. Kimberly-Clark Corporation has a 52 week low of $109.67 and a 52 week high of $136.21. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.64 and a current ratio of 0.97. The company has a market capitalization of $40,596.31, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 3.00 and a beta of 0.74.

Kimberly-Clark Corporation (NYSE:KMB) last posted its quarterly earnings data on Monday, October 23rd. The company reported $1.60 EPS for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.06. Kimberly-Clark Corporation had a return on equity of 666.97% and a net margin of 11.89%. The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same quarter last year, the company earned $1.52 EPS. The company’s revenue was up 1.0% on a year-over-year basis. equities analysts forecast that Kimberly-Clark Corporation will post 6.2 earnings per share for the current year.

A number of research firms have recently issued reports on KMB. Zacks Investment Research cut Kimberly-Clark Corporation from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. UBS AG reaffirmed a “neutral” rating and issued a $119.00 price objective (down from $120.00) on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $121.00 price objective on shares of Kimberly-Clark Corporation in a research report on Wednesday, July 26th. Berenberg Bank reaffirmed a “hold” rating on shares of Kimberly-Clark Corporation in a research report on Thursday, July 27th. Finally, BidaskClub cut Kimberly-Clark Corporation from a “sell” rating to a “strong sell” rating in a research report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $127.14.

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Kimberly-Clark Corporation Profile

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Institutional Ownership by Quarter for Kimberly-Clark Corporation (NYSE:KMB)

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