Mirabella Financial Services LLP Has $574,000 Holdings in Kimberly-Clark Co. (NYSE:KMB)

Mirabella Financial Services LLP trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 91.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,381 shares of the company’s stock after selling 49,569 shares during the quarter. Mirabella Financial Services LLP’s holdings in Kimberly-Clark were worth $574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Kimberly-Clark by 15.1% in the fourth quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company’s stock worth $4,605,079,000 after acquiring an additional 4,603,787 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Kimberly-Clark by 5.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 10,589,967 shares of the company’s stock worth $1,387,709,000 after buying an additional 529,223 shares during the last quarter. Geode Capital Management LLC raised its holdings in Kimberly-Clark by 10.4% during the fourth quarter. Geode Capital Management LLC now owns 8,473,459 shares of the company’s stock valued at $1,113,444,000 after buying an additional 797,953 shares in the last quarter. Invesco Ltd. lifted its position in shares of Kimberly-Clark by 21.9% in the fourth quarter. Invesco Ltd. now owns 5,653,751 shares of the company’s stock worth $740,868,000 after buying an additional 1,015,141 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Kimberly-Clark during the 4th quarter worth about $582,592,000. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Stock Performance

KMB opened at $142.68 on Monday. Kimberly-Clark Co. has a 1 year low of $124.10 and a 1 year high of $150.45. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The stock’s 50 day simple moving average is $139.52 and its 200-day simple moving average is $135.68. The stock has a market cap of $47.32 billion, a PE ratio of 18.90, a P/E/G ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting analysts’ consensus estimates of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Sell-side analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were given a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.53%. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. Kimberly-Clark’s dividend payout ratio is 66.75%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on KMB shares. Piper Sandler restated an “overweight” rating and issued a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a report on Wednesday, January 29th. Barclays lifted their target price on shares of Kimberly-Clark from $138.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, March 27th. TD Cowen lowered shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price for the company. in a research report on Wednesday, January 8th. Wells Fargo & Company raised their price target on Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, March 28th. Finally, UBS Group increased their target price on Kimberly-Clark from $134.00 to $146.00 and gave the company a “neutral” rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $146.31.

Insiders Place Their Bets

In other news, VP Andrew Drexler sold 10,838 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.00, for a total value of $1,528,158.00. Following the sale, the vice president now owns 7,720 shares of the company’s stock, valued at approximately $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.64% of the company’s stock.

Kimberly-Clark 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.