AdvisorShares Investments LLC Invests $473,000 in Kimberly-Clark Co. (NYSE:KMB)

AdvisorShares Investments LLC acquired a new stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,610 shares of the company's stock, valued at approximately $473,000.

A number of other institutional investors have also recently added to or reduced their stakes in KMB. Barclays PLC grew its position in Kimberly-Clark by 19.4% in the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company's stock worth $239,267,000 after purchasing an additional 273,813 shares during the last quarter. Passumpsic Savings Bank bought a new position in Kimberly-Clark in the 3rd quarter worth approximately $212,000. Chelsea Counsel Co. increased its position in Kimberly-Clark by 2.4% in the 3rd quarter. Chelsea Counsel Co. now owns 12,870 shares of the company's stock valued at $1,847,000 after acquiring an additional 300 shares during the period. Tudor Financial Inc. bought a new stake in Kimberly-Clark during the 3rd quarter valued at $280,000. Finally, World Investment Advisors LLC boosted its position in Kimberly-Clark by 50.4% during the 3rd quarter. World Investment Advisors LLC now owns 4,920 shares of the company's stock worth $700,000 after acquiring an additional 1,648 shares during the period. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Wells Fargo & Company upped their price target on shares of Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. StockNews.com lowered shares of Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Barclays cut their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research report on Thursday, April 24th. Finally, Piper Sandler lowered their price target on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Kimberly-Clark currently has a consensus rating of "Hold" and a consensus price target of $145.08.

Insider Activity at Kimberly-Clark

In related news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at approximately $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Katy Chen sold 1,794 shares of the business's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $130.74, for a total value of $234,547.56. Following the completion of the transaction, the insider now owns 3,098 shares in the company, valued at $405,032.52. This trade represents a 36.67 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,132 shares of company stock valued at $2,112,706. Company insiders own 0.64% of the company's stock.

Kimberly-Clark Price Performance

KMB stock opened at $130.53 on Wednesday. The firm has a 50-day moving average of $139.32 and a two-hundred day moving average of $135.34. The firm has a market capitalization of $43.31 billion, a PE ratio of 17.29, a P/E/G ratio of 4.46 and a beta of 0.37. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.04. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. During the same quarter last year, the business posted $2.01 EPS. On average, analysts forecast that Kimberly-Clark Co. will post 7.5 earnings per share for the current 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.

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