Andrew Hill Investment Advisors Inc. Sells 76 Shares of Kimberly-Clark Co. (NYSE:KMB)

Andrew Hill Investment Advisors Inc. decreased its stake in Kimberly-Clark Co. (NYSE:KMB) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,524 shares of the company’s stock after selling 76 shares during the period. Andrew Hill Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $331,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Kimberly-Clark in the fourth quarter worth $25,000. Marshall Investment Management LLC acquired a new stake in shares of Kimberly-Clark during the fourth quarter worth $25,000. Golden State Wealth Management LLC purchased a new stake in shares of Kimberly-Clark during the fourth quarter worth about $32,000. Strategic Financial Concepts LLC purchased a new stake in Kimberly-Clark during the 4th quarter worth approximately $33,000. Finally, Roxbury Financial LLC purchased a new position in Kimberly-Clark during the fourth quarter worth about $33,000. Institutional investors own 76.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on KMB shares. Wells Fargo & Company upped their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the company an “equal weight” rating in a research note on Friday, March 28th. StockNews.com upgraded Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. decreased their price objective on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada restated an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a research note on Friday, January 24th. Finally, Piper Sandler restated an “overweight” rating and set a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $144.85.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 2,500 shares of the firm’s stock in a transaction dated 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 directly owns 2,553 shares of the company’s stock, valued at $357,420. This trade represents a 49.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.64% of the company’s stock.

Kimberly-Clark Trading Up 1.5 %

NYSE KMB opened at $135.25 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.54 and a debt-to-equity ratio of 7.05. The stock has a market cap of $44.86 billion, a P/E ratio of 17.91, a P/E/G ratio of 4.46 and a beta of 0.37. Kimberly-Clark Co. has a 12 month low of $123.84 and a 12 month high of $150.45. The stock’s fifty day moving average price is $138.05 and its 200-day moving average price is $135.76.

Kimberly-Clark (NYSE:KMB) last announced 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 return on equity of 201.43% and a net margin of 12.69%. As a group, equities analysts forecast that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were given a $1.26 dividend. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. This represents a $5.04 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend was Friday, March 7th. Kimberly-Clark’s dividend payout ratio is presently 66.75%.

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.