RFG Bristol Wealth Advisors LLC Invests $230,000 in Kimberly-Clark Co. (NYSE:KMB)

RFG Bristol Wealth Advisors LLC bought a new position in Kimberly-Clark Co. (NYSE:KMB - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,756 shares of the company's stock, valued at approximately $230,000.

Several other institutional investors and hedge funds have also recently modified their holdings of KMB. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Kimberly-Clark during the fourth quarter valued at approximately $25,000. Marshall Investment Management LLC purchased a new stake in shares of Kimberly-Clark during the 4th quarter valued at about $25,000. Golden State Wealth Management LLC purchased a new stake in Kimberly-Clark in the fourth quarter worth approximately $32,000. Strategic Financial Concepts LLC bought a new stake in shares of Kimberly-Clark in the fourth quarter worth $33,000. Finally, Roxbury Financial LLC bought a new position in Kimberly-Clark in the fourth quarter valued at about $33,000. 76.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on KMB. StockNews.com upgraded shares of Kimberly-Clark from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. UBS Group boosted their price target on shares of Kimberly-Clark from $132.00 to $134.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. dropped their price target 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. TD Cowen cut Kimberly-Clark from a "buy" rating to a "hold" rating and set a $145.00 price objective on the stock. in a report on Wednesday, January 8th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $165.00 price target on shares of Kimberly-Clark in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $144.85.

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Kimberly-Clark Stock Performance

KMB stock traded down $2.99 during midday trading on Monday, reaching $134.92. The stock had a trading volume of 894,896 shares, compared to its average volume of 2,135,246. The firm has a fifty day simple moving average of $137.64 and a two-hundred day simple moving average of $135.91. The stock has a market cap of $44.75 billion, a PE ratio of 17.85, a P/E/G ratio of 4.46 and a beta of 0.37. 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 Co. has a 52-week low of $123.84 and a 52-week high of $150.45.

Kimberly-Clark (NYSE:KMB - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The company reported $1.50 earnings per share for the quarter, meeting analysts' consensus estimates 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 year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 7th were issued a $1.26 dividend. This represents a $5.04 annualized dividend and a yield of 3.74%. The ex-dividend date was Friday, March 7th. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's payout ratio is presently 66.75%.

Insider Transactions at Kimberly-Clark

In other Kimberly-Clark news, VP Andrew Drexler sold 10,838 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $141.00, for a total value of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares in the company, valued at approximately $1,088,520. This trade represents a 58.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.64% of the company's stock.

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.