Folger Nolan Fleming Douglas Capital Management Inc. Lowers Holdings in Kimberly-Clark Co. (NYSE:KMB)

Folger Nolan Fleming Douglas Capital Management Inc. lessened its stake in Kimberly-Clark Co. (NYSE:KMB) by 2.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,528 shares of the company’s stock after selling 400 shares during the quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Kimberly-Clark were worth $2,251,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. OFI Invest Asset Management purchased a new position in shares of Kimberly-Clark in the 3rd quarter worth about $25,000. Cranbrook Wealth Management LLC increased its holdings in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after buying an additional 100 shares in the last quarter. Centerpoint Advisors LLC increased its holdings in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after buying an additional 175 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new stake in Kimberly-Clark in the 4th quarter worth about $35,000. Finally, Legacy Financial Group LLC bought a new stake in Kimberly-Clark in the 3rd quarter worth about $37,000. Hedge funds and other institutional investors own 76.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Royal Bank of Canada lifted their price objective on Kimberly-Clark from $123.00 to $126.00 and gave the stock a “sector perform” rating in a report on Wednesday. Citigroup boosted their price target on Kimberly-Clark from $111.00 to $125.00 and gave the company a “sell” rating in a research note on Wednesday. Wells Fargo & Company boosted their price target on Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a research note on Wednesday. Finally, Bank of America boosted their price target on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research note on Wednesday. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $134.85.

Insider Buying and Selling

In other news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Paula Ramos sold 10,178 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $137.17, for a total transaction of $1,396,116.26. Following the sale, the insider now directly owns 795 shares of the company’s stock, valued at approximately $109,050.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark T. Smucker acquired 827 shares of the firm’s stock in a transaction dated Monday, January 29th. The shares were purchased at an average cost of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the acquisition, the director now directly owns 827 shares in the company, valued at $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is owned by insiders.

Kimberly-Clark Price Performance

NYSE KMB traded down $1.19 during trading hours on Friday, reaching $135.24. The company’s stock had a trading volume of 2,123,919 shares, compared to its average volume of 2,437,404. The firm’s 50-day moving average price is $125.86 and its 200-day moving average price is $122.87. The company has a quick ratio of 0.54, a current ratio of 0.81 and a debt-to-equity ratio of 6.05. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.09. The company has a market capitalization of $45.54 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 3.90 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. Kimberly-Clark had a return on equity of 250.28% and a net margin of 9.05%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $5.08 billion. During the same period in the previous year, the firm earned $1.67 EPS. The firm’s revenue was down .9% compared to the same quarter last year. On average, equities research analysts predict that Kimberly-Clark Co. will post 6.98 EPS for the current fiscal year.

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.