Schulhoff & Co. Inc. Sold 1,297 Shares of Kimberly Clark Corp (KMB)

Schulhoff & Co. Inc. Sold 1,297 Shares of Kimberly Clark Corp (KMB)

Schulhoff & Co. Inc. cut its position in Kimberly Clark Corp (NYSE:KMB) by 10.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,522 shares of the company’s stock after selling 1,297 shares during the period. Schulhoff & Co. Inc.’s holdings in Kimberly Clark Corp were worth $1,516,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of KMB. Greenleaf Trust increased its stake in shares of Kimberly Clark Corp by 6.1% in the first quarter. Greenleaf Trust now owns 6,272 shares of the company’s stock worth $826,000 after buying an additional 358 shares during the last quarter. Bank of Stockton acquired a new stake in shares of Kimberly Clark Corp during the first quarter worth $222,000. North Star Investment Management Corp. increased its stake in shares of Kimberly Clark Corp by 3.0% in the first quarter. North Star Investment Management Corp. now owns 32,809 shares of the company’s stock worth $4,319,000 after buying an additional 950 shares during the last quarter. Exane Derivatives increased its stake in shares of Kimberly Clark Corp by 186.7% in the first quarter. Exane Derivatives now owns 2,643 shares of the company’s stock worth $348,000 after buying an additional 1,721 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of Kimberly Clark Corp by 8.9% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 29,818 shares of the company’s stock worth $3,924,000 after buying an additional 2,440 shares during the last quarter. Institutional investors and hedge funds own 68.65% of the company’s stock.

Shares of Kimberly Clark Corp (NYSE KMB) opened at 130.80 on Tuesday. The firm has a market cap of $46.42 billion, a PE ratio of 21.58 and a beta of 0.65. The firm has a 50-day moving average price of $129.27 and a 200-day moving average price of $124.89. Kimberly Clark Corp has a 52 week low of $111.30 and a 52 week high of $138.87.

Kimberly Clark Corp (NYSE:KMB) last posted its quarterly earnings results on Monday, April 24th. The company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.03. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.50 billion. Kimberly Clark Corp had a return on equity of 614.22% and a net margin of 11.90%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.53 EPS. On average, equities research analysts predict that Kimberly Clark Corp will post $6.27 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $3.88 annualized dividend and a yield of 2.97%. Kimberly Clark Corp’s dividend payout ratio is 61.54%.

A number of equities research analysts have weighed in on the company. Jefferies Group LLC reiterated a “hold” rating and issued a $133.00 target price on shares of Kimberly Clark Corp in a report on Wednesday, May 31st. TheStreet upgraded Kimberly Clark Corp from a “c+” rating to an “a-” rating in a report on Wednesday, April 26th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $121.00 target price on shares of Kimberly Clark Corp in a report on Tuesday, April 25th. B. Riley reiterated a “neutral” rating and issued a $128.00 target price on shares of Kimberly Clark Corp in a report on Sunday, April 23rd. Finally, Vetr downgraded Kimberly Clark Corp from a “buy” rating to a “hold” rating and set a $139.00 target price for the company. in a report on Tuesday, April 18th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $133.50.

In other news, SVP Sandra Macquillan sold 5,081 shares of the firm’s stock in a transaction on Monday, May 1st. The stock was sold at an average price of $129.82, for a total value of $659,615.42. Following the transaction, the senior vice president now directly owns 5,364 shares in the company, valued at approximately $696,354.48. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Thomas J. Mielke sold 20,108 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $128.11, for a total value of $2,576,035.88. Following the completion of the transaction, the senior vice president now owns 23,543 shares in the company, valued at $3,016,093.73. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,267 shares of company stock worth $4,155,862. Company insiders own 0.58% of the company’s stock.

About Kimberly Clark Corp

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company’s segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “KMB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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