Latest Stocks: Stratford Consulting LLC Has $266,000 Position in Kimberly Clark Corp (KMB)

Latest Stocks: Stratford Consulting LLC Has $266,000 Position in Kimberly Clark Corp (KMB)

Stratford Consulting LLC boosted its position in Kimberly Clark Corp (NYSE:KMB) by 0.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 2,019 shares of the company’s stock after buying an additional 16 shares during the period. Stratford Consulting LLC’s holdings in Kimberly Clark Corp were worth $266,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Zions Bancorporation boosted its position in Kimberly Clark Corp by 8.6% in the fourth quarter. Zions Bancorporation now owns 971 shares of the company’s stock worth $110,000 after buying an additional 77 shares during the period. Capital Analysts LLC boosted its position in Kimberly Clark Corp by 25.2% in the fourth quarter. Capital Analysts LLC now owns 995 shares of the company’s stock worth $114,000 after buying an additional 200 shares during the period. Cascade Investment Advisors Inc. purchased a new position in Kimberly Clark Corp during the fourth quarter worth approximately $148,000. Pinnacle Bank purchased a new position in Kimberly Clark Corp during the first quarter worth approximately $162,000. Finally, Advantage Investment Management LLC purchased a new position in Kimberly Clark Corp during the fourth quarter worth approximately $169,000. Institutional investors own 68.65% of the company’s stock.

Shares of Kimberly Clark Corp (NYSE:KMB) opened at 130.80 on Tuesday. The stock’s 50 day moving average price is $129.27 and its 200-day moving average price is $124.89. The stock has a market cap of $46.42 billion, a price-to-earnings ratio of 21.58 and a beta of 0.65. Kimberly Clark Corp has a 52-week low of $111.30 and a 52-week high of $138.87.

Kimberly Clark Corp (NYSE:KMB) last posted its earnings results on Monday, April 24th. The company reported $1.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.03. The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.50 billion. Kimberly Clark Corp had a net margin of 11.90% and a return on equity of 614.22%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.53 EPS. On average, analysts predict that Kimberly Clark Corp will post $6.27 earnings per share for the current fiscal year.

A number of research analysts have commented on the company. B. Riley restated a “neutral” rating and set a $128.00 price target on shares of Kimberly Clark Corp in a research note on Sunday, April 23rd. Jefferies Group LLC assumed coverage on Kimberly Clark Corp in a research note on Tuesday, April 18th. They set a “hold” rating and a $134.00 price target on the stock. Royal Bank of Canada restated a “hold” rating and set a $121.00 price target on shares of Kimberly Clark Corp in a research note on Thursday, March 23rd. Zacks Investment Research upgraded Kimberly Clark Corp from a “hold” rating to a “buy” rating and set a $148.00 price target on the stock in a research note on Wednesday, April 12th. Finally, Barclays PLC set a $135.00 price target on Kimberly Clark Corp and gave the stock a “hold” rating in a research note on Saturday, February 18th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company’s stock. Kimberly Clark Corp has an average rating of “Hold” and a consensus target price of $133.50. In related news, SVP Sandra Macquillan sold 5,081 shares of Kimberly Clark Corp stock in a transaction on Monday, May 1st. The shares were sold at an average price of $129.82, for a total transaction of $659,615.42. Following the sale, the senior vice president now owns 5,364 shares of the company’s stock, valued at approximately $696,354.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sergio Cruz sold 7,078 shares of Kimberly Clark Corp stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $130.01, for a total transaction of $920,210.78. Following the sale, the insider now directly owns 4,910 shares in the company, valued at approximately $638,349.10. The disclosure for this sale can be found here. Insiders have sold a total of 32,267 shares of company stock worth $4,155,862 in the last 90 days. Company insiders own 0.58% of the company’s stock.

Want to see what other hedge funds are holding KMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kimberly Clark Corp (NYSE:KMB).

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