GHP Investment Advisors Inc. Has $427,000 Stake in Kimberly-Clark Co. (NYSE:KMB)

GHP Investment Advisors Inc. trimmed its position in shares of Kimberly-Clark Co. (NYSE:KMB) by 6.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 3,517 shares of the company’s stock after selling 228 shares during the period. GHP Investment Advisors Inc.’s holdings in Kimberly-Clark were worth $427,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cranbrook Wealth Management LLC lifted its holdings in shares of Kimberly-Clark by 90.9% during the 4th quarter. Cranbrook Wealth Management LLC now owns 210 shares of the company’s stock valued at $26,000 after buying an additional 100 shares during the last quarter. DHJJ Financial Advisors Ltd. acquired a new stake in Kimberly-Clark in the 3rd quarter worth approximately $26,000. OFI Invest Asset Management acquired a new stake in Kimberly-Clark in the 3rd quarter worth approximately $25,000. Cornerstone Planning Group LLC acquired a new stake in Kimberly-Clark in the 2nd quarter worth approximately $34,000. Finally, First Capital Advisors Group LLC. acquired a new stake in Kimberly-Clark in the 2nd quarter worth approximately $37,000. 76.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Tristram Wilkinson sold 3,720 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $121.00, for a total transaction of $450,120.00. Following the sale, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Kimberly-Clark news, insider Tristram Wilkinson sold 3,720 shares of the company’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $121.00, for a total value of $450,120.00. Following the sale, the insider now directly owns 17,229 shares in the company, valued at $2,084,709. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark T. Smucker purchased 827 shares of the stock in a transaction on Monday, January 29th. The stock was bought at an average price of $120.98 per share, for a total transaction of $100,050.46. Following the completion of the transaction, the director now directly owns 827 shares of the company’s stock, valued at $100,050.46. The disclosure for this purchase can be found here. 0.62% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wells Fargo & Company boosted their target price on Kimberly-Clark from $125.00 to $131.00 and gave the stock an “equal weight” rating in a report on Thursday, March 28th. Royal Bank of Canada restated a “sector perform” rating and issued a $123.00 target price on shares of Kimberly-Clark in a report on Thursday, March 28th. Barclays boosted their target price on Kimberly-Clark from $124.00 to $132.00 and gave the stock an “equal weight” rating in a report on Friday. Bank of America lowered Kimberly-Clark from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $135.00 to $115.00 in a report on Friday, December 15th. Finally, HSBC lifted their price target on Kimberly-Clark from $134.00 to $146.00 and gave the stock a “hold” rating in a research report on Thursday, March 28th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $132.43.

Kimberly-Clark Stock Performance

KMB opened at $123.92 on Friday. The stock has a market cap of $41.75 billion, a PE ratio of 23.83, a P/E/G ratio of 3.79 and a beta of 0.40. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 6.94. Kimberly-Clark Co. has a 1 year low of $116.32 and a 1 year high of $147.87. The stock’s 50 day simple moving average is $123.75 and its 200-day simple moving average is $122.18.

Kimberly-Clark (NYSE:KMB) last released its quarterly earnings data on Wednesday, January 24th. The company reported $1.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.02). The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.99 billion. Kimberly-Clark had a net margin of 8.63% and a return on equity of 260.47%. The business’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.54 earnings per share. Sell-side analysts forecast that Kimberly-Clark Co. will post 6.83 EPS for the current year.

Kimberly-Clark Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 8th were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Kimberly-Clark’s previous quarterly dividend of $1.18. This represents a $4.88 dividend on an annualized basis and a dividend yield of 3.94%. Kimberly-Clark’s payout ratio is currently 93.85%.

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.