Roffman Miller Associates Inc. PA Has $9.62 Million Holdings in Kimberly Clark Corp (NYSE:KMB)

Roffman Miller Associates Inc. PA grew its stake in shares of Kimberly Clark Corp (NYSE:KMB) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,925 shares of the company’s stock after acquiring an additional 2,446 shares during the period. Roffman Miller Associates Inc. PA’s holdings in Kimberly Clark were worth $9,618,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Carnegie Capital Asset Management LLC raised its position in shares of Kimberly Clark by 0.5% in the third quarter. Carnegie Capital Asset Management LLC now owns 14,733 shares of the company’s stock valued at $2,093,000 after buying an additional 74 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of Kimberly Clark by 2.1% in the fourth quarter. Valeo Financial Advisors LLC now owns 3,655 shares of the company’s stock valued at $503,000 after buying an additional 74 shares in the last quarter. Tiemann Investment Advisors LLC raised its position in shares of Kimberly Clark by 2.3% in the third quarter. Tiemann Investment Advisors LLC now owns 3,370 shares of the company’s stock valued at $479,000 after buying an additional 75 shares in the last quarter. Woodstock Corp raised its position in shares of Kimberly Clark by 0.4% in the fourth quarter. Woodstock Corp now owns 20,151 shares of the company’s stock valued at $2,772,000 after buying an additional 75 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Kimberly Clark by 3.8% in the fourth quarter. Global Retirement Partners LLC now owns 2,057 shares of the company’s stock valued at $283,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 72.07% of the company’s stock.

KMB has been the topic of a number of recent analyst reports. Citigroup lifted their price objective on shares of Kimberly Clark from $123.00 to $135.00 and gave the company a “sell” rating in a research note on Friday. Morgan Stanley lifted their price objective on shares of Kimberly Clark from $139.00 to $140.00 and gave the company an “equal weight” rating in a research note on Tuesday. Deutsche Bank lifted their price objective on shares of Kimberly Clark from $126.00 to $132.00 and gave the company a “hold” rating in a research note on Friday. Wells Fargo & Co lifted their price objective on shares of Kimberly Clark from $130.00 to $132.00 and gave the company a “market perform” rating in a research note on Tuesday, October 15th. Finally, Bank of America raised shares of Kimberly Clark from a “neutral” rating to a “buy” rating and set a $155.00 price objective on the stock in a research note on Friday, September 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. Kimberly Clark currently has a consensus rating of “Hold” and an average target price of $140.69.

Shares of NYSE KMB traded down $1.23 during midday trading on Friday, reaching $143.42. 2,074,921 shares of the company were exchanged, compared to its average volume of 1,272,250. The stock’s 50-day moving average price is $138.51 and its 200-day moving average price is $137.00. The stock has a market cap of $49.50 billion, a P/E ratio of 24.60, a PEG ratio of 3.64 and a beta of 0.51. Kimberly Clark Corp has a one year low of $107.44 and a one year high of $149.23. The company has a quick ratio of 0.48, a current ratio of 0.75 and a debt-to-equity ratio of 70.43.

Kimberly Clark (NYSE:KMB) last posted its earnings results on Thursday, January 23rd. The company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.01. The firm had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Kimberly Clark had a net margin of 10.96% and a return on equity of 93,800.00%. The company’s revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.60 earnings per share. On average, equities research analysts anticipate that Kimberly Clark Corp will post 6.87 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Friday, March 6th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, March 5th. This is a boost from Kimberly Clark’s previous quarterly dividend of $1.03. Kimberly Clark’s payout ratio is presently 62.33%.

Kimberly Clark Company Profile

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brand names.

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

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