Hartford Financial Management Lowers stake in Kimberly Clark Corp (KMB)

Kimberly Clark Corp (KMB) : Hartford Financial Management reduced its stake in Kimberly Clark Corp by 1.03% during the most recent quarter end. The investment management company now holds a total of 23,602 shares of Kimberly Clark Corp which is valued at $3,213,884 after selling 245 shares in Kimberly Clark Corp , the firm said in a disclosure report filed with the SEC on Jul 14, 2016.Kimberly Clark Corp makes up approximately 1.87% of Hartford Financial Management’s portfolio.

Other Hedge Funds, Including , Windward Capital Management Co Ca boosted its stake in KMB in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 1,854 shares of Kimberly Clark Corp which is valued at $250,494. Kimberly Clark Corp makes up approx 0.05% of Windward Capital Management Co Ca’s portfolio.Capstone Asset Management Co boosted its stake in KMB in the latest quarter, The investment management firm added 5,280 additional shares and now holds a total of 51,465 shares of Kimberly Clark Corp which is valued at $6,984,830. Kimberly Clark Corp makes up approx 0.21% of Capstone Asset Management Co’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in KMB in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 5,117 shares of Kimberly Clark Corp which is valued at $694,479. Kimberly Clark Corp makes up approx 0.01% of Nn Investment Partners Holdings N.v.’s portfolio.Investment Partners Ltd Oh Adv reduced its stake in KMB by selling 1,382 shares or 39.26% in the most recent quarter. The Hedge Fund company now holds 2,138 shares of KMB which is valued at $290,169. Kimberly Clark Corp makes up approx 0.28% of Investment Partners Ltd Oh Adv’s portfolio.Curian Capital reduced its stake in KMB by selling 65,501 shares or 66.5% in the most recent quarter. The Hedge Fund company now holds 32,992 shares of KMB which is valued at $4,485,592. Kimberly Clark Corp makes up approx 0.32% of Curian Capital’s portfolio.

Kimberly Clark Corp closed down -1.06 points or -0.78% at $135.11 with 11,05,621 shares getting traded on Monday. Post opening the session at $136.29, the shares hit an intraday low of $135.05 and an intraday high of $136.34 and the price fluctuated in this range throughout the day.Shares ended Monday 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 $ 0.02 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.

Leave a Reply

Kimberly Clark Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Kimberly Clark Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.