Kimberly Clark Corp (KMB) : Cypress Asset Management Inctx reduced its stake in Kimberly Clark Corp by 3.32% during the most recent quarter end. The investment management company now holds a total of 67,496 shares of Kimberly Clark Corp which is valued at $9,022,865 after selling 2,319 shares in Kimberly Clark Corp , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Kimberly Clark Corp makes up approximately 1.75% of Cypress Asset Management Inctx’s portfolio.
Other Hedge Funds, Including , First National Bank Of Omaha boosted its stake in KMB in the latest quarter, The investment management firm added 636 additional shares and now holds a total of 30,701 shares of Kimberly Clark Corp which is valued at $4,104,110. Kimberly Clark Corp makes up approx 0.31% of First National Bank Of Omaha’s portfolio.Carroll Financial Associates reduced its stake in KMB by selling 68 shares or 1.8% in the most recent quarter. The Hedge Fund company now holds 3,702 shares of KMB which is valued at $494,883. Kimberly Clark Corp makes up approx 0.08% of Carroll Financial Associates’s portfolio.Hartford Financial Management reduced its stake in KMB by selling 245 shares or 1.03% in the most recent quarter. The Hedge Fund company now holds 23,602 shares of KMB which is valued at $3,213,884. Kimberly Clark Corp makes up approx 1.87% of Hartford Financial Management’s portfolio.Creative Planning reduced its stake in KMB by selling 113 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 31,698 shares of KMB which is valued at $4,302,053. Kimberly Clark Corp makes up approx 0.03% of Creative Planning’s portfolio.Churchill Management Corp boosted its stake in KMB in the latest quarter, The investment management firm added 737 additional shares and now holds a total of 39,954 shares of Kimberly Clark Corp which is valued at $5,432,146. Kimberly Clark Corp makes up approx 0.35% of Churchill Management Corp’s portfolio.
Kimberly Clark Corp closed down -1.48 points or -1.10% at $133.68 with 20,81,179 shares getting traded on Wednesday. Post opening the session at $135.27, the shares hit an intraday low of $133.67 and an intraday high of $135.73 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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 $ 0.02 according to the earnings call on Apr 22, 2016. Analyst had a consensus of $1.51. The company had revenue of $4476.00 million for the quarter, compared to analysts expectations of $4544.56 million. The company’s revenue was down -4.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.42 EPS.
Many Wall Street Analysts have commented on Kimberly Clark Corp. Shares were Downgraded by Deutsche Bank on Apr 25, 2016 to ” Hold” and Lowered the Price Target to $ 130 from a previous price target of $145 .Shares were Reiterated by UBS on Apr 25, 2016 to “Neutral” and Lowered the Price Target to $ 134 from a previous price target of $143 .
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.