Stock Yards Bank Trust Co Lowers stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Stock Yards Bank Trust Co reduced its stake in Kimberly Clark Corp by 17.18% during the most recent quarter end. The investment management company now holds a total of 8,460 shares of Kimberly Clark Corp which is valued at $1,019,430 after selling 1,755 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 0.14% of Stock Yards Bank Trust Co’s portfolio.

Other Hedge Funds, Including , Retirement Design Management Inc Adv boosted its stake in KMB in the latest quarter, The investment management firm added 267 additional shares and now holds a total of 8,514 shares of Kimberly Clark Corp which is valued at $1,025,937. Kimberly Clark Corp makes up approx 0.64% of Retirement Design Management Inc Adv’s portfolio.Toth Financial Advisory Corp reduced its stake in KMB by selling 197 shares or 0.68% in the most recent quarter. The Hedge Fund company now holds 28,585 shares of KMB which is valued at $3,476,794. Kimberly Clark Corp makes up approx 1.05% of Toth Financial Advisory Corp’s portfolio.New England Research Management reduced its stake in KMB by selling 400 shares or 1.62% in the most recent quarter. The Hedge Fund company now holds 24,338 shares of KMB which is valued at $2,984,569. Kimberly Clark Corp makes up approx 2.52% of New England Research Management’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in KMB by selling 47,354 shares or 22.92% in the most recent quarter. The Hedge Fund company now holds 159,280 shares of KMB which is valued at $19,532,506. Kimberly Clark Corp makes up approx 0.08% of Bnp Paribas Arbitrage Sa’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 -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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