Kimberly-Clark Co. (NYSE:KMB) VP Andrew Drexler Sells 2,500 Shares

Kimberly-Clark Co. (NYSE:KMB) VP Andrew Drexler sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $140.00, for a total value of $350,000.00. Following the sale, the vice president now owns 2,553 shares in the company, valued at approximately $357,420. This represents a 49.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kimberly-Clark Price Performance

Kimberly-Clark stock opened at $139.90 on Tuesday. The company has a market capitalization of $46.40 billion, a price-to-earnings ratio of 18.53, a PEG ratio of 4.46 and a beta of 0.41. 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 12 month low of $120.49 and a 12 month high of $149.30. The stock’s 50 day moving average is $130.54 and its 200-day moving average is $136.45.

Kimberly-Clark (NYSE:KMB) last issued its quarterly earnings data 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 research analysts expect 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 will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be paid a $1.26 dividend. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.04 annualized dividend and a yield of 3.60%. Kimberly-Clark’s payout ratio is 66.75%.

Institutional Trading of Kimberly-Clark

A number of institutional investors have recently bought and sold shares of KMB. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Kimberly-Clark in the fourth quarter valued at approximately $25,000. Marshall Investment Management LLC bought a new position in Kimberly-Clark during the 4th quarter worth $25,000. Darwin Wealth Management LLC acquired a new position in Kimberly-Clark in the 3rd quarter valued at $29,000. Minot DeBlois Advisors LLC bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at $29,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth $32,000. Institutional investors own 76.29% of the company’s stock.

Wall Street Analyst Weigh In

KMB has been the topic of a number of recent analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. Barclays lowered their price objective on shares of Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. JPMorgan Chase & Co. cut their target price on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. StockNews.com downgraded Kimberly-Clark from a “buy” rating to a “hold” rating in a research report on Saturday, February 15th. Finally, Wells Fargo & Company dropped their price objective on Kimberly-Clark from $140.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Kimberly-Clark presently has an average rating of “Hold” and a consensus price target of $143.64.

About Kimberly-Clark

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.