Mesirow Financial Investment Management Inc. Has $304,000 Stake in Kimberly-Clark Co. (NYSE:KMB)

Mesirow Financial Investment Management Inc. reduced its stake in Kimberly-Clark Co. (NYSE:KMB) by 12.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,136 shares of the company’s stock after selling 298 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Kimberly-Clark were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in KMB. William B. Walkup & Associates Inc. bought a new stake in shares of Kimberly-Clark during the second quarter worth $26,000. New Millennium Group LLC acquired a new stake in shares of Kimberly-Clark during the 2nd quarter valued at $28,000. Crewe Advisors LLC bought a new stake in Kimberly-Clark during the 1st quarter worth $27,000. DiNuzzo Private Wealth Inc. increased its holdings in Kimberly-Clark by 808.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock worth $32,000 after purchasing an additional 202 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new position in Kimberly-Clark in the third quarter valued at about $39,000. 76.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KMB shares. Barclays upped their price objective on Kimberly-Clark from $135.00 to $144.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. JPMorgan Chase & Co. decreased their price target on shares of Kimberly-Clark from $142.00 to $140.00 and set an “underweight” rating for the company in a research report on Wednesday, October 23rd. Royal Bank of Canada reiterated an “outperform” rating and set a $165.00 price target on shares of Kimberly-Clark in a report on Wednesday, October 23rd. Argus upgraded Kimberly-Clark to a “hold” rating in a report on Friday, July 26th. Finally, UBS Group cut their target price on Kimberly-Clark from $153.00 to $151.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus target price of $149.93.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $132.13 on Wednesday. Kimberly-Clark Co. has a 12 month low of $117.67 and a 12 month high of $149.30. The firm has a market capitalization of $44.06 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 2.81 and a beta of 0.40. The firm has a fifty day simple moving average of $140.71 and a two-hundred day simple moving average of $139.25. The company has a current ratio of 0.83, a quick ratio of 0.55 and a debt-to-equity ratio of 4.77.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, October 22nd. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. The company had revenue of $4.95 billion for the quarter, compared to analyst estimates of $5.06 billion. Kimberly-Clark had a net margin of 12.97% and a return on equity of 198.59%. The firm’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.74 EPS. Analysts forecast that Kimberly-Clark Co. will post 7.26 EPS for the current fiscal year.

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.