Roxbury Financial LLC Invests $33,000 in Kimberly-Clark Co. (NYSE:KMB)

Roxbury Financial LLC purchased a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 233 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Rhumbline Advisers lifted its stake in shares of Kimberly-Clark by 0.5% during the 4th quarter. Rhumbline Advisers now owns 728,728 shares of the company’s stock worth $95,492,000 after purchasing an additional 3,273 shares during the last quarter. WASHINGTON TRUST Co lifted its stake in shares of Kimberly-Clark by 3.5% during the 4th quarter. WASHINGTON TRUST Co now owns 4,392 shares of the company’s stock worth $576,000 after purchasing an additional 150 shares during the last quarter. PUREfi Wealth LLC purchased a new stake in shares of Kimberly-Clark during the 4th quarter worth $306,000. Blue Trust Inc. lifted its stake in shares of Kimberly-Clark by 117.0% during the 4th quarter. Blue Trust Inc. now owns 10,479 shares of the company’s stock worth $1,373,000 after purchasing an additional 5,649 shares during the last quarter. Finally, AustralianSuper Pty Ltd lifted its stake in shares of Kimberly-Clark by 644.1% during the 4th quarter. AustralianSuper Pty Ltd now owns 185,163 shares of the company’s stock worth $24,264,000 after purchasing an additional 160,279 shares during the last quarter. 76.29% of the stock is currently owned by hedge funds and other institutional investors.

Kimberly-Clark Stock Down 1.9 %

Shares of KMB stock opened at $132.79 on Friday. The firm has a market capitalization of $44.28 billion, a PE ratio of 17.59, a P/E/G ratio of 4.12 and a beta of 0.41. Kimberly-Clark Co. has a fifty-two week low of $117.93 and a fifty-two week high of $149.30. The stock’s 50-day simple moving average is $129.84 and its 200-day simple moving average is $136.51. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80.

Kimberly-Clark (NYSE:KMB) last posted its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Equities analysts expect that Kimberly-Clark Co. will post 7.51 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be issued a dividend of $1.26 per share. This represents a $5.04 annualized dividend and a yield of 3.80%. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 66.75%.

Insider Buying and Selling

In related news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KMB. JPMorgan Chase & Co. decreased their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Barclays decreased their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Royal Bank of Canada reiterated an “outperform” rating and issued a $165.00 price target on shares of Kimberly-Clark in a research note on Friday, January 24th. UBS Group increased their price target on Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $158.00 price target (down from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $143.64.

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.