Mather Group LLC. Has $580,000 Stock Holdings in Kimberly-Clark Co. (NYSE:KMB)

Mather Group LLC. cut its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 38.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,774 shares of the company’s stock after selling 2,929 shares during the period. Mather Group LLC.’s holdings in Kimberly-Clark were worth $580,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of KMB. OFI Invest Asset Management bought a new stake in shares of Kimberly-Clark during the 3rd quarter worth about $25,000. Cranbrook Wealth Management LLC boosted its holdings in shares of Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock worth $26,000 after buying an additional 100 shares during the period. Centerpoint Advisors LLC boosted its holdings in shares of Kimberly-Clark by 175.0% during the 3rd quarter. Centerpoint Advisors LLC now owns 275 shares of the company’s stock worth $33,000 after buying an additional 175 shares during the period. Wetzel Investment Advisors Inc. bought a new stake in shares of Kimberly-Clark during the 4th quarter worth about $35,000. Finally, Legacy Financial Group LLC bought a new stake in shares of Kimberly-Clark during the 3rd quarter worth about $37,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

KMB stock opened at $136.47 on Thursday. The company has a 50 day simple moving average of $126.88 and a 200 day simple moving average of $123.24. The stock has a market cap of $45.95 billion, a price-to-earnings ratio of 25.09, a P/E/G ratio of 3.89 and a beta of 0.38. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.02. The company has a debt-to-equity ratio of 6.05, a current ratio of 0.81 and a quick ratio of 0.54.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.40. The business had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $5.08 billion. Kimberly-Clark had a net margin of 9.05% and a return on equity of 250.28%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.67 EPS. Research analysts anticipate that Kimberly-Clark Co. will post 7 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Jeffrey P. Melucci sold 6,390 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the transaction, the insider now directly owns 33,649 shares in the company, valued at approximately $4,562,467.91. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Kimberly-Clark news, insider Doug Cunningham sold 1,040 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $136.86, for a total value of $142,334.40. Following the completion of the transaction, the insider now directly owns 3,833 shares in the company, valued at approximately $524,584.38. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jeffrey P. Melucci sold 6,390 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $135.59, for a total transaction of $866,420.10. Following the completion of the transaction, the insider now owns 33,649 shares of the company’s stock, valued at $4,562,467.91. The disclosure for this sale can be found here. Insiders sold a total of 18,062 shares of company stock worth $2,466,270 in the last three months. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. The Goldman Sachs Group lifted their target price on shares of Kimberly-Clark from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, April 24th. Wells Fargo & Company boosted their price objective on shares of Kimberly-Clark from $131.00 to $136.00 and gave the company an “equal weight” rating in a report on Wednesday, April 24th. HSBC boosted their price objective on shares of Kimberly-Clark from $146.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. Bank of America boosted their price objective on shares of Kimberly-Clark from $110.00 to $115.00 and gave the company an “underperform” rating in a report on Wednesday, April 24th. Finally, Barclays boosted their price objective on shares of Kimberly-Clark from $132.00 to $136.00 and gave the company an “equal weight” rating in a report on Thursday, April 25th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $134.85.

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.