Jump Financial LLC Reduces Position in Kimberly-Clark Co. (NYSE:KMB)

Jump Financial LLC lessened its position in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 65.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,026 shares of the company's stock after selling 5,818 shares during the quarter. Jump Financial LLC's holdings in Kimberly-Clark were worth $397,000 at the end of the most recent quarter.

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

Kimberly-Clark Stock Down 1.3 %

NYSE:KMB traded down $1.67 during trading hours on Thursday, hitting $130.11. 419,489 shares of the company traded hands, compared to its average volume of 2,119,998. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The company has a market cap of $43.17 billion, a PE ratio of 17.26, a PEG ratio of 4.46 and a beta of 0.37. The firm's 50-day simple moving average is $139.14 and its 200-day simple moving average is $135.32.

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

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, insider Katy Chen sold 1,794 shares of Kimberly-Clark 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 sale, the insider now owns 3,098 shares of the company's stock, valued at approximately $405,032.52. The trade was a 36.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Andrew Drexler sold 10,838 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now directly owns 7,720 shares of the company's stock, valued at $1,088,520. This represents a 58.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,132 shares of company stock valued at $2,112,706. 0.64% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on KMB. JPMorgan Chase & Co. lifted their price objective on shares of Kimberly-Clark from $124.00 to $131.00 and gave the company an "underweight" rating in a research note on Friday, April 11th. Evercore ISI dropped their price objective on shares of Kimberly-Clark from $168.00 to $155.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Barclays reduced their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. UBS Group upped their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Finally, Piper Sandler reduced their price objective on Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a research note on Wednesday, April 23rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $145.08.

About Kimberly-Clark

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.