2,350 Shares in Kimberly-Clark Co. (NYSE:KMB) Acquired by Rahlfs Capital LLC

Rahlfs Capital LLC purchased a new stake in shares of Kimberly-Clark Co. (NYSE:KMB) in the 4th quarter, Holdings Channel.com reports. The fund purchased 2,350 shares of the company’s stock, valued at approximately $308,000.

Several other large investors have also recently modified their holdings of the business. Park Avenue Securities LLC boosted its stake in Kimberly-Clark by 77.4% during the fourth quarter. Park Avenue Securities LLC now owns 13,786 shares of the company’s stock worth $1,807,000 after acquiring an additional 6,016 shares in the last quarter. Pensionfund Sabic grew its stake in shares of Kimberly-Clark by 45.5% in the 4th quarter. Pensionfund Sabic now owns 12,800 shares of the company’s stock valued at $1,677,000 after buying an additional 4,000 shares during the period. Barclays PLC increased its position in Kimberly-Clark by 19.4% in the 3rd quarter. Barclays PLC now owns 1,681,671 shares of the company’s stock valued at $239,267,000 after buying an additional 273,813 shares in the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of Kimberly-Clark by 20.0% in the 4th quarter. Aprio Wealth Management LLC now owns 2,792 shares of the company’s stock worth $366,000 after purchasing an additional 466 shares in the last quarter. Finally, West Oak Capital LLC increased its position in shares of Kimberly-Clark by 20,377.6% during the fourth quarter. West Oak Capital LLC now owns 33,788 shares of the company’s stock worth $4,428,000 after acquiring an additional 33,623 shares in the last quarter. Institutional investors own 76.29% of the company’s stock.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $137.76 on Friday. The business’s 50-day moving average price is $137.64 and its 200-day moving average price is $135.99. The firm has a market capitalization of $45.69 billion, a PE ratio of 18.25, a price-to-earnings-growth ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month 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.

Kimberly-Clark (NYSE:KMB) last issued its 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 fiscal year.

Kimberly-Clark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th were given a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is currently 66.75%.

Analyst Upgrades and Downgrades

KMB has been the topic of several recent research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research report on Friday, January 24th. JPMorgan Chase & Co. dropped their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. Citigroup reduced their price target on shares of Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating for the company in a research report on Wednesday, January 15th. Finally, UBS Group upped their price objective on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $144.85.

Insider Buying and Selling

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the firm’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 completion of the sale, the vice president now directly owns 7,720 shares in the company, valued at $1,088,520. This trade represents a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.64% of the stock is currently owned by insiders.

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.