Coastline Trust Co Lowers stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Coastline Trust Co reduced its stake in Kimberly Clark Corp by 1.43% during the most recent quarter end. The investment management company now holds a total of 46,225 shares of Kimberly Clark Corp which is valued at $6,308,326 after selling 670 shares in Kimberly Clark Corp , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Kimberly Clark Corp makes up approximately 1.33% of Coastline Trust Co’s portfolio.

Kimberly Clark Corp closed down -3.9 points or -2.88% at $131.75 with 29,84,034 shares getting traded on Wednesday. Post opening the session at $135.38, the shares hit an intraday low of $131.74 and an intraday high of $135.49 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Btr Capital Management Inc boosted its stake in KMB in the latest quarter, The investment management firm added 2,480 additional shares and now holds a total of 8,601 shares of Kimberly Clark Corp which is valued at $1,173,778. Kimberly Clark Corp makes up approx 0.27% of Btr Capital Management Inc’s portfolio.Kanaly Trust Co boosted its stake in KMB in the latest quarter, The investment management firm added 256 additional shares and now holds a total of 13,261 shares of Kimberly Clark Corp which is valued at $1,809,729. Kimberly Clark Corp makes up approx 0.36% of Kanaly Trust Co’s portfolio.Creative Planning reduced its stake in KMB by selling 529 shares or 1.64% in the most recent quarter. The Hedge Fund company now holds 31,811 shares of KMB which is valued at $4,366,060. Kimberly Clark Corp makes up approx 0.03% of Creative Planning’s portfolio.

On the company’s financial health, Kimberly Clark Corp reported $1.42 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jan 25, 2016. Analyst had a consensus of $1.43. The company had revenue of $4539.00 million for the quarter, compared to analysts expectations of $4573.37 million. The company’s revenue was down -6.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.35 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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