Callan Family Office LLC Makes New Investment in Kimberly-Clark Co. (NYSE:KMB)

Callan Family Office LLC acquired a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,438 shares of the company's stock, valued at approximately $319,000.

Several other large investors have also recently modified their holdings of KMB. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Kimberly-Clark in the fourth quarter worth $25,000. Marshall Investment Management LLC acquired a new stake in shares of Kimberly-Clark in the 4th quarter worth $25,000. Darwin Wealth Management LLC purchased a new position in Kimberly-Clark during the 3rd quarter worth $29,000. Golden State Wealth Management LLC acquired a new position in Kimberly-Clark during the 4th quarter valued at about $32,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Kimberly-Clark in the fourth quarter valued at about $33,000. Institutional investors own 76.29% of the company's stock.

Kimberly-Clark Price Performance

NYSE:KMB traded down $3.39 during trading hours on Wednesday, hitting $140.70. 955,749 shares of the stock were exchanged, compared to its average volume of 2,192,719. The company has a market cap of $46.67 billion, a P/E ratio of 18.64, a P/E/G ratio of 4.46 and a beta of 0.36. The firm's fifty day moving average price is $132.96 and its 200 day moving average price is $136.48. Kimberly-Clark Co. has a 52-week low of $123.02 and a 52-week 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.

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Kimberly-Clark (NYSE:KMB - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. As a group, equities research analysts anticipate that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be given a dividend of $1.26 per share. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. This represents a $5.04 dividend on an annualized basis and a yield of 3.58%. Kimberly-Clark's dividend payout ratio (DPR) is presently 66.75%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on KMB. Citigroup dropped their price target on Kimberly-Clark from $125.00 to $118.00 and set a "sell" rating on the stock in a research note on Wednesday, January 15th. TD Cowen downgraded shares of Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 target price on the stock. in a research report on Wednesday, January 8th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $165.00 price target on shares of Kimberly-Clark in a report on Friday, January 24th. StockNews.com raised Kimberly-Clark from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Finally, Barclays reduced their target price on shares of Kimberly-Clark from $144.00 to $132.00 and set an "equal weight" rating for the company in a report on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $143.64.

Insiders Place Their Bets

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 of the company's stock, valued at approximately $1,088,520. The trade was a 58.40 % 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 corporate insiders.

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.