As Kimberly (KMB) Stock Price Declined, Grimes & Company INC Lifted Its Position by $9.56 Million

July 12, 2018 - By Christine McCrea

Kimberly-Clark Corporation (NYSE:KMB) LogoInvestors sentiment decreased to 0.9 in 2018 Q1. Its down 0.03, from 0.93 in 2017Q4. It dived, as 63 investors sold KMB shares while 413 reduced holdings. 95 funds opened positions while 333 raised stakes. 247.29 million shares or 1.87% less from 252.01 million shares in 2017Q4 were reported. Moreover, Ing Groep Nv has 0.14% invested in Kimberly-Clark Corporation (NYSE:KMB). Moreover, Evergreen Mngmt Ltd Company has 0.04% invested in Kimberly-Clark Corporation (NYSE:KMB). Capital One Association invested in 0.14% or 17,958 shares. Ashfield Capital Partners Ltd Com accumulated 14,189 shares. First Allied Advisory Ser Inc owns 13,843 shares. The Massachusetts-based Liberty Mutual Grp Asset Incorporated has invested 0.05% in Kimberly-Clark Corporation (NYSE:KMB). Destination Wealth Management, California-based fund reported 323,146 shares. Blackhill Capital has invested 2.12% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Pub Employees Retirement Association Of Colorado stated it has 61,791 shares or 0.05% of all its holdings. Calamos Advisors Ltd Liability accumulated 35,956 shares or 0.03% of the stock. Homrich And Berg accumulated 14,331 shares. Jefferies Gru Limited Co stated it has 0.01% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Great Lakes Ltd Llc invested 0.02% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Fiduciary Trust has invested 0.09% in Kimberly-Clark Corporation (NYSE:KMB). Spc Fincl Inc holds 2,215 shares.

Since January 29, 2018, it had 1 insider purchase, and 3 selling transactions for $2.93 million activity. Another trade for 23,158 shares valued at $2.77 million was sold by Underhill Kimberly K. $321,643 worth of Kimberly-Clark Corporation (NYSE:KMB) shares were sold by MacQuillan Sandra. Melucci Jeffrey P. also sold $34,970 worth of Kimberly-Clark Corporation (NYSE:KMB) shares.

Grimes & Company Inc increased its stake in Kimberly (KMB) by 1921.67% based on its latest 2018Q1 regulatory filing with the SEC. Grimes & Company Inc bought 86,917 shares as the company’s stock declined 7.86% with the market. The institutional investor held 91,440 shares of the containers and packaging company at the end of 2018Q1, valued at $10.07M, up from 4,523 at the end of the previous reported quarter. Grimes & Company Inc who had been investing in Kimberly for a number of months, seems to be bullish on the $36.72 billion market cap company. The stock increased 0.34% or $0.36 during the last trading session, reaching $105.12. About 1.90M shares traded. Kimberly-Clark Corporation (NYSE:KMB) has declined 18.50% since July 12, 2017 and is downtrending. It has underperformed by 31.07% the S&P500.

More recent Kimberly-Clark Corporation (NYSE:KMB) news were published by: Seekingalpha.com which released: “Watchlist July 2018” on July 12, 2018. Also Seekingalpha.com published the news titled: “July 2018 Stock Considerations” on July 02, 2018. Benzinga.com‘s news article titled: “Kimberly Clark Will Likely Hit A New Low For The Year In The Coming Days” with publication date: June 22, 2018 was also an interesting one.

Kimberly-Clark Corporation (NYSE:KMB) Ratings Coverage

Among 7 analysts covering Kimberly-Clark (NYSE:KMB), 0 have Buy rating, 3 Sell and 4 Hold. Therefore 0 are positive. Kimberly-Clark has $119.0 highest and $86 lowest target. $102.57’s average target is -2.43% below currents $105.12 stock price. Kimberly-Clark had 9 analyst reports since January 24, 2018 according to SRatingsIntel. Citigroup maintained the shares of KMB in report on Wednesday, January 24 with “Sell” rating. The firm has “Sell” rating given on Tuesday, April 24 by Citigroup. On Tuesday, April 24 the stock rating was maintained by JP Morgan with “Underweight”. The rating was maintained by RBC Capital Markets on Monday, April 23 with “Hold”. Wells Fargo maintained Kimberly-Clark Corporation (NYSE:KMB) on Thursday, April 19 with “Hold” rating. Bernstein maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Tuesday, April 24. Bernstein has “Hold” rating and $11000 target.

Kimberly-Clark Corporation (NYSE:KMB) Institutional Positions Chart

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