Mirabella Financial Services LLP Decreases Holdings in Kimberly-Clark Co. (NYSE:KMB)

Mirabella Financial Services LLP reduced its position in Kimberly-Clark Co. (NYSE:KMB - Free Report) by 91.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,381 shares of the company's stock after selling 49,569 shares during the quarter. Mirabella Financial Services LLP's holdings in Kimberly-Clark were worth $574,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of KMB. SageView Advisory Group LLC increased its stake in Kimberly-Clark by 4.5% in the fourth quarter. SageView Advisory Group LLC now owns 1,706 shares of the company's stock valued at $224,000 after acquiring an additional 74 shares during the last quarter. Confluence Wealth Services Inc. increased its stake in shares of Kimberly-Clark by 5.1% in the 4th quarter. Confluence Wealth Services Inc. now owns 1,637 shares of the company's stock valued at $208,000 after purchasing an additional 80 shares during the last quarter. YHB Investment Advisors Inc. raised its holdings in shares of Kimberly-Clark by 3.4% during the 4th quarter. YHB Investment Advisors Inc. now owns 2,519 shares of the company's stock worth $330,000 after buying an additional 83 shares in the last quarter. Ascent Wealth Partners LLC lifted its position in shares of Kimberly-Clark by 1.0% during the 4th quarter. Ascent Wealth Partners LLC now owns 9,321 shares of the company's stock worth $1,221,000 after buying an additional 90 shares during the last quarter. Finally, Silver Lake Advisory LLC boosted its stake in Kimberly-Clark by 0.8% in the fourth quarter. Silver Lake Advisory LLC now owns 11,896 shares of the company's stock valued at $1,559,000 after buying an additional 95 shares in the last quarter. 76.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

KMB has been the topic of a number of research analyst reports. UBS Group raised their price target on shares of Kimberly-Clark from $134.00 to $146.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Piper Sandler lowered their price target on shares of Kimberly-Clark from $158.00 to $156.00 and set an "overweight" rating for the company in a report on Wednesday. StockNews.com cut Kimberly-Clark from a "buy" rating to a "hold" rating in a research note on Thursday. Wells Fargo & Company boosted their price objective on Kimberly-Clark from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Friday, March 28th. Finally, Barclays dropped their target price on Kimberly-Clark from $139.00 to $135.00 and set an "equal weight" rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $145.08.

Kimberly-Clark Stock Down 0.6 %

NYSE:KMB traded down $0.76 during trading hours on Friday, reaching $131.58. The company had a trading volume of 2,626,982 shares, compared to its average volume of 2,128,555. Kimberly-Clark Co. has a twelve month low of $124.10 and a twelve month high of $150.45. 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 firm has a market cap of $43.64 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 4.46 and a beta of 0.37. The business's 50-day simple moving average is $139.62 and its two-hundred day simple moving average is $135.54.

Kimberly-Clark (NYSE:KMB - Get Free Report) last issued its earnings results on Tuesday, April 22nd. The company reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.04. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. Kimberly-Clark had a return on equity of 201.43% and a net margin of 12.69%. During the same period in the previous year, the company posted $2.01 EPS. On average, equities analysts expect that Kimberly-Clark Co. will post 7.5 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th were paid a dividend of $1.26 per share. This represents a $5.04 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend was Friday, March 7th. This is a positive change from Kimberly-Clark's previous quarterly dividend of $1.22. Kimberly-Clark's payout ratio is 68.66%.

Insiders Place Their Bets

In related news, VP Andrew Drexler sold 10,838 shares of Kimberly-Clark stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.00, for a total transaction of $1,528,158.00. Following the transaction, the vice president now owns 7,720 shares of the company's stock, valued at $1,088,520. The trade was a 58.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.64% of the company's stock.

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.