Rahlfs Capital LLC Takes Position in Kimberly-Clark Co. (NYSE:KMB)

Rahlfs Capital LLC purchased a new stake in Kimberly-Clark Co. (NYSE:KMB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,350 shares of the company's stock, valued at approximately $308,000.

Other large investors have also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Kimberly-Clark in the 4th quarter worth about $25,000. Marshall Investment Management LLC bought a new stake in Kimberly-Clark in the fourth quarter worth $25,000. Golden State Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter worth about $32,000. Strategic Financial Concepts LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $33,000. Finally, Roxbury Financial LLC bought a new stake in Kimberly-Clark during the 4th quarter valued at $33,000. Institutional investors own 76.29% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on KMB shares. UBS Group increased their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. Barclays boosted their target price on Kimberly-Clark from $138.00 to $144.00 and gave the company an "equal weight" rating in a research note on Thursday, March 27th. TD Cowen cut shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target on the stock. in a research report on Wednesday, January 8th. Royal Bank of Canada restated an "outperform" rating and issued a $165.00 price objective on shares of Kimberly-Clark in a report on Friday, January 24th. Finally, Wells Fargo & Company upped their price target on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research note on Friday, March 28th. 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 stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of "Hold" and an average target price of $144.85.

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Insider Buying and Selling

In other news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the sale, the vice president now 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.64% of the stock is currently owned by company insiders.

Kimberly-Clark Stock Performance

NYSE KMB traded up $3.08 on Thursday, hitting $138.23. 1,150,266 shares of the company traded hands, compared to its average volume of 2,146,060. The business's 50 day moving average price is $138.05 and its 200-day moving average price is $135.76. 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 Co. has a 52-week low of $123.84 and a 52-week high of $150.45. The company has a market capitalization of $45.84 billion, a price-to-earnings ratio of 18.24, a P/E/G ratio of 4.46 and a beta of 0.37.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released 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%. Equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current 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 paid a $1.26 dividend. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.65%. Kimberly-Clark's dividend payout ratio is 66.75%.

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.