Roxbury Financial LLC Acquires Shares of 233 Kimberly-Clark Co. (NYSE:KMB)

Roxbury Financial LLC acquired a new stake in Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 233 shares of the company’s stock, valued at approximately $33,000.

Other institutional investors also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Kimberly-Clark in the fourth quarter valued at approximately $25,000. Darwin Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the third quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $32,000. Strategic Financial Concepts LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $33,000. Finally, Synergy Asset Management LLC purchased a new position in shares of Kimberly-Clark in the fourth quarter valued at approximately $35,000. 76.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Andrew Drexler sold 3,000 shares of Kimberly-Clark stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $139.01, for a total value of $417,030.00. Following the completion of the sale, the vice president now directly owns 5,053 shares of the company’s stock, valued at approximately $702,417.53. The trade was a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

NYSE:KMB opened at $132.79 on Friday. Kimberly-Clark Co. has a 52 week low of $117.93 and a 52 week high of $149.30. 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 company has a market capitalization of $44.28 billion, a P/E ratio of 17.59, a P/E/G ratio of 4.12 and a beta of 0.41. The stock’s fifty day moving average is $129.84 and its two-hundred day moving average is $136.51.

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

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be paid a $1.26 dividend. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.80%. Kimberly-Clark’s payout ratio is presently 66.75%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KMB. 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 report on Wednesday, January 8th. Wells Fargo & Company decreased their target price on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Piper Sandler restated an “overweight” rating and issued a $158.00 target price (down previously from $161.00) on shares of Kimberly-Clark in a research report on Wednesday, January 29th. StockNews.com downgraded Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Citigroup reduced their price objective on Kimberly-Clark from $125.00 to $118.00 and set a “sell” rating on the stock in a research report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $143.64.

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.