Weaver C. Barksdale Associates Lowers stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Weaver C. Barksdale Associates reduced its stake in Kimberly Clark Corp by 0.5% during the most recent quarter end. The investment management company now holds a total of 7,970 shares of Kimberly Clark Corp which is valued at $1.1 Million after selling 40 shares in Kimberly Clark Corp according to a report filed by the company on Apr 5, 2016 with the SEC.Kimberly Clark Corp makes up approximately 0.83% of Weaver C. Barksdale Associates’s portfolio.

Other Hedge Funds, Including , First National Bank Of Mount Dora Trust Investment Services boosted its stake in KMB in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 11,164 shares of Kimberly Clark Corp which is valued at $1.5 Million. Kimberly Clark Corp makes up approx 0.91% of First National Bank Of Mount Dora Trust Investment Services’s portfolio. Pensionfund Dsm Netherlands sold out all of its stake in KMB during the most recent quarter. The investment firm sold 36,800 shares of KMB which is valued $5.1 Million. Pensionfund Sabic sold out all of its stake in KMB during the most recent quarter. The investment firm sold 17,500 shares of KMB which is valued $2.4 Million.

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 Corp closed down -0.24 points or -0.17% at $137.25 with 16,88,185 shares getting traded on Monday. Post opening the session at $137.62, the shares hit an intraday low of $137.08 and an intraday high of $138.755 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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