Bfsg LLC Sells 199 Shares of Kimberly-Clark Co. (NYSE:KMB)

Bfsg LLC cut its position in Kimberly-Clark Co. (NYSE:KMB) by 16.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,008 shares of the company’s stock after selling 199 shares during the quarter. Bfsg LLC’s holdings in Kimberly-Clark were worth $132,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Kimberly-Clark during the 4th quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark during the third quarter valued at about $29,000. Golden State Wealth Management LLC purchased a new stake in Kimberly-Clark in the 4th quarter worth approximately $32,000. Strategic Financial Concepts LLC bought a new stake in Kimberly-Clark in the fourth quarter valued at $33,000. Finally, Roxbury Financial LLC bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at about $33,000. Institutional investors own 76.29% of the company’s stock.

Insider Buying and Selling at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total transaction of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.62% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on KMB shares. StockNews.com downgraded Kimberly-Clark from a “buy” rating to a “hold” rating in a report on Saturday, February 15th. TD Cowen downgraded Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research note on Wednesday, January 8th. Wells Fargo & Company cut their target price on shares of Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Piper Sandler restated an “overweight” rating and set a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. Finally, Barclays reduced their price target on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has an average rating of “Hold” and an average price target of $143.64.

Kimberly-Clark Price Performance

Shares of Kimberly-Clark stock opened at $137.85 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05. The firm has a market cap of $45.72 billion, a PE ratio of 18.26, a P/E/G ratio of 4.25 and a beta of 0.41. The business has a 50-day moving average price of $129.89 and a 200 day moving average price of $136.45. Kimberly-Clark Co. has a twelve month low of $118.62 and a twelve month high of $149.30.

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

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a dividend of $1.26 per share. The ex-dividend date of this dividend is Friday, March 7th. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a yield of 3.66%. Kimberly-Clark’s payout ratio is 64.64%.

Kimberly-Clark Company 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.