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Investment firms cut holdings in Kimberly-Clark, which met earnings but faces a "Hold" rating.
Investment firms KCM Investment Advisors and Smith Moore & Co reduced their holdings in Kimberly-Clark (KMB) by 2.4% and 5.8%, respectively, last quarter. KMB met earnings expectations with a $1.50 EPS, has a 3.66% dividend yield, and a consensus "Hold" rating with a $144.85 target price. The stock opened at $137.76, with a market cap of $45.69 billion. Financial ratios indicate a PE ratio of 18.25 and a beta of 0.37.
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