CENTRAL TRUST Co Has $6.02 Million Stock Holdings in Kimberly-Clark Corporation $KMB

CENTRAL TRUST Co decreased its stake in shares of Kimberly-Clark Corporation (NASDAQ:KMB) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 46,715 shares of the company’s stock after selling 1,115 shares during the period. CENTRAL TRUST Co’s holdings in Kimberly-Clark were worth $6,022,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KMB. Vise Technologies Inc. bought a new stake in shares of Kimberly-Clark during the second quarter worth approximately $2,207,000. Allworth Financial LP increased its stake in shares of Kimberly-Clark by 3.0% during the second quarter. Allworth Financial LP now owns 14,568 shares of the company’s stock worth $1,878,000 after purchasing an additional 428 shares during the period. Illinois Municipal Retirement Fund lifted its holdings in Kimberly-Clark by 13.6% during the 2nd quarter. Illinois Municipal Retirement Fund now owns 149,060 shares of the company’s stock worth $19,217,000 after purchasing an additional 17,822 shares during the last quarter. Fidelis Capital Partners LLC boosted its stake in Kimberly-Clark by 11.4% in the 2nd quarter. Fidelis Capital Partners LLC now owns 1,926 shares of the company’s stock valued at $263,000 after purchasing an additional 197 shares during the period. Finally, Nuance Investments LLC boosted its stake in Kimberly-Clark by 35.1% in the 2nd quarter. Nuance Investments LLC now owns 149,384 shares of the company’s stock valued at $19,259,000 after purchasing an additional 38,789 shares during the period. 76.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on KMB shares. Evercore ISI reiterated an “in-line” rating and set a $120.00 price objective (down previously from $150.00) on shares of Kimberly-Clark in a research report on Tuesday, November 4th. JPMorgan Chase & Co. upped their price target on shares of Kimberly-Clark from $127.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Wells Fargo & Company lowered their price target on shares of Kimberly-Clark from $129.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 4th. Royal Bank Of Canada reiterated an “overweight” rating and issued a $162.00 price objective on shares of Kimberly-Clark in a research note on Tuesday, October 28th. Finally, Citigroup decreased their target price on shares of Kimberly-Clark from $118.00 to $113.00 and set a “sell” rating on the stock in a research report on Thursday, October 9th. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $129.80.

Kimberly-Clark Stock Down 0.7%

KMB stock opened at $103.09 on Tuesday. Kimberly-Clark Corporation has a 52 week low of $99.22 and a 52 week high of $150.45. The business has a 50-day simple moving average of $120.58 and a 200 day simple moving average of $128.38. The company has a quick ratio of 0.56, a current ratio of 0.77 and a debt-to-equity ratio of 4.61. The company has a market cap of $34.21 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 3.67 and a beta of 0.26.

Kimberly-Clark (NASDAQ:KMB) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.37. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.14 billion. Kimberly-Clark had a net margin of 12.87% and a return on equity of 184.87%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company posted $1.83 earnings per share. Sell-side analysts anticipate that Kimberly-Clark Corporation will post 7.5 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.