Whittier Trust Co. Has $1.56 Million Holdings in Kimberly-Clark Co. (NYSE:KMB)

Whittier Trust Co. decreased its position in Kimberly-Clark Co. (NYSE:KMB) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,891 shares of the company’s stock after selling 150 shares during the period. Whittier Trust Co.’s holdings in Kimberly-Clark were worth $1,558,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Marshall Investment Management LLC bought a new stake in shares of Kimberly-Clark during the 4th quarter valued at about $25,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Kimberly-Clark in the fourth quarter valued at approximately $25,000. Darwin Wealth Management LLC bought a new position in shares of Kimberly-Clark during the 3rd quarter worth approximately $29,000. Roxbury Financial LLC acquired a new stake in shares of Kimberly-Clark during the 4th quarter worth approximately $33,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of Kimberly-Clark in the 4th quarter valued at $32,000. Institutional investors own 76.29% of the company’s stock.

Insider Activity at Kimberly-Clark

In other news, VP Andrew Drexler sold 10,838 shares of the stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the completion of the transaction, the vice president now directly owns 7,720 shares of the company’s stock, valued at $1,088,520. This represents a 58.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

KMB has been the topic of several research analyst reports. UBS Group increased their target price 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. TD Cowen cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating and set a $145.00 price objective on the stock. in a research report on Wednesday, January 8th. StockNews.com raised Kimberly-Clark from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. cut their price target on Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $165.00 price objective on shares of Kimberly-Clark in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $143.64.

Kimberly-Clark Stock Down 0.6 %

Kimberly-Clark stock opened at $138.31 on Friday. Kimberly-Clark Co. has a fifty-two week low of $123.84 and a fifty-two week high of $150.45. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. The firm’s 50-day simple moving average is $134.84 and its 200 day simple moving average is $136.34. The stock has a market cap of $45.87 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 4.46 and a beta of 0.36.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, January 28th. The company reported $1.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. Research analysts predict that Kimberly-Clark Co. will post 7.5 EPS for the current fiscal year.

Kimberly-Clark Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Friday, March 7th will be issued a $1.26 dividend. This is an increase 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 3.64%. The ex-dividend date is Friday, March 7th. Kimberly-Clark’s payout ratio is 66.75%.

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.