37,091 Shares in Kimberly-Clark Corporation $KMB Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new position in shares of Kimberly-Clark Corporation (NASDAQ:KMB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,091 shares of the company’s stock, valued at approximately $4,071,000.

Other institutional investors also recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new position in shares of Kimberly-Clark in the 4th quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in Kimberly-Clark in the 2nd quarter valued at $27,000. CrossGen Wealth LLC bought a new stake in Kimberly-Clark in the fourth quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in Kimberly-Clark in the fourth quarter valued at $31,000. Finally, Entrust Financial LLC acquired a new position in Kimberly-Clark during the fourth quarter worth $32,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wells Fargo & Company lifted their price objective on Kimberly-Clark from $100.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. TD Cowen boosted their price target on shares of Kimberly-Clark from $96.00 to $104.00 and gave the company a “hold” rating in a research report on Wednesday, August 5th. Seaport Research Partners raised shares of Kimberly-Clark to a “buy” rating in a research note on Tuesday, August 4th. UBS Group raised their price objective on shares of Kimberly-Clark from $115.00 to $116.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Kimberly-Clark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $117.93.

Kimberly-Clark Stock Up 0.6%

Shares of KMB opened at $109.31 on Friday. The business’s fifty day moving average price is $108.89 and its two-hundred day moving average price is $103.43. The firm has a market capitalization of $36.35 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 5.17 and a beta of 0.26. Kimberly-Clark Corporation has a 52 week low of $92.42 and a 52 week high of $134.38. The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.69 and a current ratio of 0.91.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.80 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.21). Kimberly-Clark had a return on equity of 143.92% and a net margin of 11.79%.The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the previous year, the business earned $1.92 earnings per share. Kimberly-Clark’s revenue for the quarter was up .6% compared to the same quarter last year. On average, analysts predict that Kimberly-Clark Corporation will post 7.43 earnings per share for the current year.

Kimberly-Clark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 4th will be paid a dividend of $1.28 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.7%. Kimberly-Clark’s payout ratio is 87.07%.

About Kimberly-Clark

Kimberly-Clark Corporation is a U.S.-based multinational manufacturer of personal care and consumer tissue products. The company develops, produces and markets a range of consumer brands and professional products, including facial and bathroom tissues, disposable diapers and training pants, feminine care, incontinence products and workplace hygiene solutions. Known for consumer-facing names such as Kleenex, Huggies, Kotex, Cottonelle and Scott, as well as professional offerings under Kimberly-Clark Professional and KleenGuard, the company supplies goods to retail, healthcare and institutional customers.

Founded in 1872 in Neenah, Wisconsin, Kimberly-Clark has expanded from its 19th-century paper-making roots into a global household and workplace products company.