Kimberly Clark Corp (KMB) : Headinvest added new position in Kimberly Clark Corp during the most recent quarter end. The investment management firm now holds 1,791 shares of Kimberly Clark Corp which is valued at $227,242 , the company said in a statement filed on Apr 21, 2016 with the SEC.Kimberly Clark Corp makes up approximately 0.09% of Headinvest’s portfolio.
Kimberly Clark Corp opened for trading at $124.28 and hit $126.12 on the upside on Wednesday, eventually ending the session at $125.7, with a gain of 1.53% or 1.89 points. The heightened volatility saw the trading volume jump to 33,12,262 shares. Company has a market cap of $45,268 M.
Other Hedge Funds, Including , Alpha Omega Wealth Management added KMB to its portfolio by purchasing 131 company shares during the most recent quarter which is valued at $16,621. Kimberly Clark Corp makes up approx 0.01% of Alpha Omega Wealth Management’s portfolio.Ronna Sue Cohen boosted its stake in KMB in the latest quarter, The investment management firm added 102 additional shares and now holds a total of 18,136 shares of Kimberly Clark Corp which is valued at $2,301,096. Kimberly Clark Corp makes up approx 1.93% of Ronna Sue Cohen’s portfolio.Fort Pitt Capital Group reduced its stake in KMB by selling 2,730 shares or 1.33% in the most recent quarter. The Hedge Fund company now holds 202,060 shares of KMB which is valued at $25,637,373. Kimberly Clark Corp makes up approx 3.12% of Fort Pitt Capital Group’s portfolio. Beese Fulmer Investment Management added KMB to its portfolio by purchasing 1,456 company shares during the most recent quarter which is valued at $198,700. Kimberly Clark Corp makes up approx 0.06% of Beese Fulmer Investment Management’s portfolio.Chelsea Counsel Co reduced its stake in KMB by selling 1,254 shares or 2.43% in the most recent quarter. The Hedge Fund company now holds 50,357 shares of KMB which is valued at $6,911,498. Kimberly Clark Corp makes up approx 2.00% of Chelsea Counsel Co’s portfolio.
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.