Nations Financial Group Inc. IA ADV Raises Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Nations Financial Group Inc. IA ADV raised its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 21.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,850 shares of the company’s stock after buying an additional 1,213 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Kimberly-Clark were worth $975,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of KMB. Atomi Financial Group Inc. lifted its holdings in shares of Kimberly-Clark by 16.2% during the first quarter. Atomi Financial Group Inc. now owns 2,025 shares of the company’s stock valued at $262,000 after purchasing an additional 282 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Kimberly-Clark by 60.4% in the first quarter. Russell Investments Group Ltd. now owns 291,881 shares of the company’s stock worth $37,695,000 after acquiring an additional 109,875 shares during the last quarter. Bleakley Financial Group LLC increased its holdings in shares of Kimberly-Clark by 2.6% during the first quarter. Bleakley Financial Group LLC now owns 10,483 shares of the company’s stock valued at $1,356,000 after acquiring an additional 263 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Kimberly-Clark by 11.4% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 383,887 shares of the company’s stock worth $49,656,000 after purchasing an additional 39,271 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in Kimberly-Clark by 7.7% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 411,709 shares of the company’s stock worth $55,260,000 after purchasing an additional 29,418 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Down 0.8 %

Shares of KMB stock opened at $132.13 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The stock has a market cap of $44.06 billion, a P/E ratio of 17.14, a P/E/G ratio of 2.81 and a beta of 0.40. The company has a 50 day simple moving average of $140.71 and a two-hundred day simple moving average of $139.25.

Kimberly-Clark (NYSE:KMB) last announced its earnings results on Tuesday, October 22nd. The company reported $1.83 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 company had revenue of $4.95 billion for the quarter, compared to analysts’ expectations of $5.06 billion. During the same period last year, the firm earned $1.74 EPS. Kimberly-Clark’s revenue for the quarter was down 3.5% compared to the same quarter last year. On average, research analysts expect that Kimberly-Clark Co. will post 7.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

KMB has been the subject of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a research note on Wednesday, October 23rd. UBS Group decreased their price objective on shares of Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft increased their target price on Kimberly-Clark from $146.00 to $147.00 and gave the company a “hold” rating in a research note on Tuesday, October 8th. StockNews.com cut Kimberly-Clark from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. dropped their price objective on Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $149.93.

Kimberly-Clark 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.