Kimberly Clark Corp (KMB) : Exxonmobil Investment Management Inc Tx reduced its stake in Kimberly Clark Corp by 1.49% during the most recent quarter end. The investment management company now holds a total of 91,828 shares of Kimberly Clark Corp which is valued at $11,295,762 after selling 1,391 shares in Kimberly Clark Corp , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Kimberly Clark Corp makes up approximately 0.24% of Exxonmobil Investment Management Inc Tx’s portfolio.
Other Hedge Funds, Including , Simplex Trading added KMB to its portfolio by purchasing 5,467 company shares during the most recent quarter which is valued at $672,496. Kimberly Clark Corp makes up approx 0.09% of Simplex Trading’s portfolio.Summit Financial Wealth Advisors reduced its stake in KMB by selling 34 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 19,674 shares of KMB which is valued at $2,412,623. Kimberly Clark Corp makes up approx 1.05% of Summit Financial Wealth Advisors’s portfolio.Chevy Chase Trust Holdings reduced its stake in KMB by selling 6,955 shares or 2.21% in the most recent quarter. The Hedge Fund company now holds 307,290 shares of KMB which is valued at $37,682,973. Kimberly Clark Corp makes up approx 0.21% of Chevy Chase Trust Holdings’s portfolio.First National Bank Of Mount Dora Trust Investment Services reduced its stake in KMB by selling 110 shares or 0.98% in the most recent quarter. The Hedge Fund company now holds 11,114 shares of KMB which is valued at $1,362,910. Kimberly Clark Corp makes up approx 0.76% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.Lynch Associatesin reduced its stake in KMB by selling 1,225 shares or 9.73% in the most recent quarter. The Hedge Fund company now holds 11,366 shares of KMB which is valued at $1,393,813. Kimberly Clark Corp makes up approx 0.62% of Lynch Associatesin’s portfolio.
Kimberly Clark Corp closed down -0.22 points or -0.18% at $123.01 with 13,97,899 shares getting traded on Friday. Post opening the session at $123.89, the shares hit an intraday low of $122.12 and an intraday high of $124.0899 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Kimberly Clark Corp reported $1.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $1.47. The company had revenue of $4588.00 million for the quarter, compared to analysts expectations of $4564.57 million. The company’s revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.41 EPS.
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of products made from natural or synthetic fibers. The Company’s operating segments are based on product groupings. The Company operates in three segments which include Personal Care which offers solutions and products such as disposable diapers training and youth pants swimpants baby wipes feminine and incontinence care products and other related products; Consumer Tissue offers products such as facial and bathroom tissue paper towels napkins and related products and K-C Professional (KCP) offers solutions and supporting products such as apparel wipers soaps sanitizers tissue and towels. The Company’s brands include Huggies Pull-Ups Little Swimmers GoodNites DryNites Kotex U by Kotex Intimus Depend Plenitud Poise Kleenex Scott Cottonelle Viva Andrex Scottex Neve WypAll Kimtech and Jackson Safety among others.