Telos Capital Management Inc. Sells 200 Shares of Kimberly-Clark Co. (NYSE:KMB)

Telos Capital Management Inc. trimmed its position in Kimberly-Clark Co. (NYSE:KMB) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,515 shares of the company’s stock after selling 200 shares during the period. Telos Capital Management Inc.’s holdings in Kimberly-Clark were worth $592,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KMB. Darwin Wealth Management LLC bought a new stake in Kimberly-Clark in the 3rd quarter worth about $29,000. DiNuzzo Private Wealth Inc. boosted its stake in Kimberly-Clark by 808.0% in the third quarter. DiNuzzo Private Wealth Inc. now owns 227 shares of the company’s stock valued at $32,000 after acquiring an additional 202 shares during the last quarter. Synergy Asset Management LLC purchased a new position in Kimberly-Clark in the fourth quarter valued at about $35,000. Kennebec Savings Bank purchased a new position in Kimberly-Clark in the third quarter valued at about $36,000. Finally, ORG Wealth Partners LLC purchased a new position in Kimberly-Clark in the third quarter valued at about $39,000. 76.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Kimberly-Clark news, VP Andrew Drexler sold 3,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $139.01, for a total value of $417,030.00. Following the sale, the vice president now owns 5,053 shares of the company’s stock, valued at $702,417.53. This trade represents a 37.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.62% of the company’s stock.

Kimberly-Clark Price Performance

KMB stock opened at $128.65 on Friday. The company has a debt-to-equity ratio of 7.05, a quick ratio of 0.54 and a current ratio of 0.80. Kimberly-Clark Co. has a 52 week low of $117.67 and a 52 week high of $149.30. The firm’s fifty day moving average is $130.61 and its 200 day moving average is $136.90. The firm has a market cap of $42.90 billion, a P/E ratio of 17.04, a P/E/G ratio of 4.16 and a beta of 0.41.

Kimberly-Clark (NYSE:KMB) last released its earnings results on Tuesday, January 28th. The company reported $1.50 EPS for the quarter, meeting the consensus estimate of $1.50. Kimberly-Clark had a net margin of 12.69% and a return on equity of 201.43%. Research analysts predict that Kimberly-Clark Co. will post 7.51 earnings per share for the current year.

Kimberly-Clark Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Friday, March 7th will be issued a $1.26 dividend. This represents a $5.04 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date is Friday, March 7th. This is a positive change from Kimberly-Clark’s previous quarterly dividend of $1.22. Kimberly-Clark’s dividend payout ratio (DPR) is 64.64%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KMB shares. StockNews.com cut shares of Kimberly-Clark from a “buy” rating to a “hold” rating in a research note on Thursday. Piper Sandler reiterated an “overweight” rating and issued a $158.00 target price (down from $161.00) on shares of Kimberly-Clark in a research note on Wednesday, January 29th. UBS Group boosted their target price on shares of Kimberly-Clark from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. dropped their price target on shares of Kimberly-Clark from $140.00 to $124.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Finally, Wells Fargo & Company dropped their price target on shares of 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 investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Kimberly-Clark has a consensus rating of “Hold” and an average 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.