Cognios Beta Neutral Large Cap Fund LP Has $636,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Cognios Beta Neutral Large Cap Fund LP trimmed its holdings in Kimberly-Clark Co. (NYSE:KMB) by 4.6% during the fourth quarter, Holdings Channel reports. The firm owned 5,237 shares of the company’s stock after selling 255 shares during the quarter. Kimberly-Clark comprises about 0.8% of Cognios Beta Neutral Large Cap Fund LP’s holdings, making the stock its 27th largest position. Cognios Beta Neutral Large Cap Fund LP’s holdings in Kimberly-Clark were worth $636,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KMB. OFI Invest Asset Management acquired a new position in shares of Kimberly-Clark in the 3rd quarter valued at about $25,000. Cranbrook Wealth Management LLC increased its position in Kimberly-Clark by 90.9% in the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Centerpoint Advisors LLC increased its position in Kimberly-Clark by 175.0% in the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock valued at $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 valued at about $35,000. Finally, Legacy Financial Group LLC bought a new stake in Kimberly-Clark in the 3rd quarter valued at about $37,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on KMB. UBS Group boosted their target price on Kimberly-Clark from $135.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their target price on Kimberly-Clark from $115.00 to $123.00 and gave the company an “underweight” rating in a research report on Wednesday. Bank of America boosted their target price on Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a research report on Wednesday. The Goldman Sachs Group boosted their price objective on Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Citigroup boosted their price objective on Kimberly-Clark from $111.00 to $125.00 and gave the stock a “sell” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $135.21.

Kimberly-Clark Stock Performance

Kimberly-Clark stock traded up $1.74 during trading on Wednesday, hitting $137.78. The stock had a trading volume of 3,550,944 shares, compared to its average volume of 2,222,973. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87. The company has a quick ratio of 0.54, a current ratio of 0.82 and a debt-to-equity ratio of 6.94. The stock’s 50 day moving average is $124.78 and its two-hundred day moving average is $122.55. The stock has a market cap of $46.42 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 3.83 and a beta of 0.40.

Kimberly-Clark (NYSE:KMB) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.61 by $0.40. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.08 billion. Kimberly-Clark had a return on equity of 260.47% and a net margin of 8.63%. Kimberly-Clark’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.67 earnings per share. As a group, analysts predict that Kimberly-Clark Co. will post 6.84 EPS for the current year.

Insiders Place Their Bets

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

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.