Catalyst Capital Advisors LLC Makes New $95,000 Investment in Kimberly-Clark Co. (NYSE:KMB)

Catalyst Capital Advisors LLC acquired a new position in shares of Kimberly-Clark Co. (NYSE:KMB) during the 4th quarter, Holdings Channel reports. The firm acquired 726 shares of the company’s stock, valued at approximately $95,000.

Several other large investors have also recently added to or reduced their stakes in KMB. Migdal Insurance & Financial Holdings Ltd. bought a new position in Kimberly-Clark during the 4th quarter worth $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the 3rd quarter worth $29,000. Golden State Wealth Management LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth $32,000. Strategic Financial Concepts LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth $33,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth $33,000. Institutional investors own 76.29% of the company’s stock.

Insider Transactions at Kimberly-Clark

In other news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $139.01, for a total transaction of $417,030.00. Following the completion of the transaction, the vice president now directly owns 5,053 shares in the company, valued at $702,417.53. This trade represents a 37.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is owned by corporate insiders.

Kimberly-Clark Stock Performance

Shares of KMB stock opened at $135.66 on Wednesday. The business’s 50-day moving average price is $129.84 and its 200-day moving average price is $136.49. Kimberly-Clark Co. has a 12 month low of $118.62 and a 12 month high of $149.30. The firm has a market capitalization of $45.24 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 4.12 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 (NYSE:KMB) last announced its quarterly 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 research analysts forecast that Kimberly-Clark Co. will post 7.51 EPS for the current year.

Kimberly-Clark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Friday, March 7th will be given a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a dividend yield of 3.72%. This is an increase from Kimberly-Clark’s previous quarterly dividend of $1.22. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s dividend payout ratio (DPR) is 64.64%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on KMB. Barclays reduced their target price on Kimberly-Clark from $144.00 to $132.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Royal Bank of Canada reissued an “outperform” rating and set a $165.00 target price on shares of Kimberly-Clark in a report on Friday, January 24th. JPMorgan Chase & Co. reduced their target price on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. TD Cowen lowered Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research note on Wednesday, January 8th. Finally, StockNews.com lowered Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Saturday. 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 stock. According to MarketBeat.com, Kimberly-Clark presently has a consensus rating of “Hold” and a consensus 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.