Cetera Advisor Networks buys $4,660,321 stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Cetera Advisor Networks scooped up 1,251 additional shares in Kimberly Clark Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 36,177 shares of Kimberly Clark Corp which is valued at $4,660,321.Kimberly Clark Corp makes up approximately 0.26% of Cetera Advisor Networks’s portfolio.

Other Hedge Funds, Including , Beacon Investment Advisory Services boosted its stake in KMB in the latest quarter, The investment management firm added 151 additional shares and now holds a total of 3,843 shares of Kimberly Clark Corp which is valued at $495,516. Kimberly Clark Corp makes up approx 0.01% of Beacon Investment Advisory Services’s portfolio. Rs Investment Management Co sold out all of its stake in KMB during the most recent quarter. The investment firm sold 45,545 shares of KMB which is valued $5,943,623.

Kimberly Clark Corp closed down -0.67 points or -0.53% at $126.78 with 17,85,379 shares getting traded on Friday. Post opening the session at $126.97, the shares hit an intraday low of $126.33 and an intraday high of $127.3874 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.

Investors should note that on Aug 1, 2016, Kimberly Clark Corp announced a cash dividend of $0.9200. The company’s management has announced Sep 7, 2016 as the ex-dividend date and fixed the record date on Sep 9, 2016. The payable date has been fixed on Oct 4, 2016.

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.

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