Kimberly-Clark Corp (NYSE:KMB).
Raymond James & Associates says it bought 1,336,941 shares in quarter ending 09/30/2017 increasing its holdings in Kimberly-Clark Corp by 10,284.2%. Its investment was valued at $158,861,000 an increase of $158,853,000 as of quarter end.
Here are some institutional investors who have increased or decreased their stake in (KMB). Omers Administration Corp expanded its investment by buying 16,540 shares an increase of 2.3% as of 09/30/2017. Omers Administration Corp owns 745,518 shares valued at $87,733,000. The total value of its holdings decreased 6.8%. Thomaspartners, Inc. divested its holdings by selling 4,357 shares a decrease of 1.9% in the quarter. Thomaspartners, Inc. now holds 226,557 shares with a value of $26,661,000. The value of the position overall is down by 10.6%.
Baird Financial Group, Inc. bolstered its position by buying 4,388 shares an increase of 2.6%. Baird Financial Group, Inc. currently owns 173,350 shares worth $20,400,000. The value of the position overall is down by 6.5%.
Equity analyst Citigroup lowered the price target on October 27 cutting the projection from $125.00 to $124.00 with a rating of “Neutral”.
On October 26, 2017 Barclays PLC reiterated a “Hold” rating on the stock. Wells Fargo & Company lowered the price target on October 24 changing the price objective from $121.00 to $117.00 and issued a “Market Perform” rating.
Bank of America Corporation lowered the price target of the stock on October 24 changing the forecast from $123.00 to $120.00 and stated a “Neutral” rating. October 24 investment analysts at Citigroup maintained a stock rating of “Hold” with a current price target of $125.00.
The company is down by 0.22% percent from yesterday’s close. The company currently has a P/E ratio of 18.86 and the market value is 40.21B. As of the last earnings report the EPS was $6.06 with 351.76M shares now outstanding.
Traders are a little more bearish of late as inferred by the uptick in short interest. The company recorded a rise in short interest of 14.63% as of the latest report on October 13, 2017. Short interest increased from 10,271,991 to 11,774,741 over that timeframe. With short interest at 11,774,741 and short average daily volume at 1,755,635, the short-interest ratio is 7.0 and the percentage of shorted shares is 0.03% as of October 13.