Colonial Trust Advisors Has $1.64 Million Stock Position in Kimberly-Clark Co. (NYSE:KMB)

Colonial Trust Advisors trimmed its stake in shares of Kimberly-Clark Co. (NYSE:KMB - Free Report) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,540 shares of the company's stock after selling 2,219 shares during the quarter. Colonial Trust Advisors' holdings in Kimberly-Clark were worth $1,643,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in Kimberly-Clark by 15.1% in the fourth quarter. Vanguard Group Inc. now owns 35,142,545 shares of the company's stock worth $4,605,079,000 after purchasing an additional 4,603,787 shares in the last quarter. Norges Bank bought a new stake in Kimberly-Clark during the 4th quarter worth about $582,592,000. Invesco Ltd. increased its position in Kimberly-Clark by 21.9% in the 4th quarter. Invesco Ltd. now owns 5,653,751 shares of the company's stock valued at $740,868,000 after acquiring an additional 1,015,141 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Kimberly-Clark in the fourth quarter worth about $127,436,000. Finally, Geode Capital Management LLC lifted its position in shares of Kimberly-Clark by 10.4% during the fourth quarter. Geode Capital Management LLC now owns 8,473,459 shares of the company's stock worth $1,113,444,000 after purchasing an additional 797,953 shares in the last quarter. 76.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on KMB shares. JPMorgan Chase & Co. boosted their price objective on shares of Kimberly-Clark from $124.00 to $131.00 and gave the stock an "underweight" rating in a research report on Friday. TD Cowen lowered Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price target on the stock. in a research note on Wednesday, January 8th. Barclays boosted their price objective on Kimberly-Clark from $138.00 to $144.00 and gave the stock an "equal weight" rating in a report on Thursday, March 27th. StockNews.com raised shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. Finally, Wells Fargo & Company boosted their price target on shares of 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 given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $145.38.

Insider Activity at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares of the company's stock, valued at $1,088,520. The trade was a 58.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.64% of the stock is owned by company insiders.

Kimberly-Clark Stock Down 0.5 %

Shares of NYSE:KMB traded down $0.78 during mid-day trading on Tuesday, reaching $141.78. 620,248 shares of the stock were exchanged, compared to its average volume of 2,141,128. The stock's 50 day simple moving average is $138.67 and its 200-day simple moving average is $135.68. Kimberly-Clark Co. has a one year low of $124.10 and a one year high of $150.45. The company has a market cap of $47.02 billion, a P/E ratio of 18.78, a P/E/G ratio of 4.46 and a beta of 0.37. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt-to-equity ratio of 7.05.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued 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 predict that Kimberly-Clark Co. will post 7.5 EPS 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 dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.55%. This is an increase from Kimberly-Clark's previous quarterly dividend of $1.22. The ex-dividend date was Friday, March 7th. Kimberly-Clark's dividend payout ratio is currently 66.75%.

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.