Reliance Trust Co Of Delaware Lowers stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Reliance Trust Co Of Delaware reduced its stake in Kimberly Clark Corp by 7.45% during the most recent quarter end. The investment management company now holds a total of 40,365 shares of Kimberly Clark Corp which is valued at $4,863,983 after selling 3,249 shares in Kimberly Clark Corp , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Kimberly Clark Corp makes up approximately 0.45% of Reliance Trust Co Of Delaware’s portfolio.

Other Hedge Funds, Including , Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in KMB in the latest quarter, The investment management firm added 3,827 additional shares and now holds a total of 60,642 shares of Kimberly Clark Corp which is valued at $7,307,361. Kimberly Clark Corp makes up approx 0.16% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.Forte Capital Adv boosted its stake in KMB in the latest quarter, The investment management firm added 1,091 additional shares and now holds a total of 8,131 shares of Kimberly Clark Corp which is valued at $988,974. Kimberly Clark Corp makes up approx 0.38% of Forte Capital Adv’s portfolio.Osborn Rohs Williams Donohoe Ltd reduced its stake in KMB by selling 678 shares or 5.0% in the most recent quarter. The Hedge Fund company now holds 12,891 shares of KMB which is valued at $1,564,838. Kimberly Clark Corp makes up approx 0.31% of Osborn Rohs Williams Donohoe Ltd’s portfolio.Patten Patten Inctn reduced its stake in KMB by selling 1,317 shares or 3.82% in the most recent quarter. The Hedge Fund company now holds 33,189 shares of KMB which is valued at $4,028,813. Kimberly Clark Corp makes up approx 0.53% of Patten Patten Inctn’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.

Kimberly Clark Corp closed down -1.13 points or -0.93% at $120.5 with 18,94,775 shares getting traded on Friday. Post opening the session at $121.82, the shares hit an intraday low of $120.49 and an intraday high of $121.99 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.

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