Kimberly Clark Corp Unusual Bearish Options Activity Means Higher Risks


 Kimberly Clark Corp Unusual Bearish Options Activity Means Higher Risks

In today’s session Kimberly Clark Corp (KMB) recorded an unusually high (2,059) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious KMB decrease. With 2,059 contracts traded and 28314 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: KMB161021P00125000 closed last at: $1.4 or 24.3% down. The stock decreased 1.39% or $1.73 on October 4, hitting $123.03. About 1.40 million shares traded hands. Kimberly Clark Corp (NYSE:KMB) has declined 5.23% since March 1, 2016 and is downtrending. It has underperformed by 14.47% the S&P500.

Analysts await Kimberly Clark Corp (NYSE:KMB) to report earnings on October, 24. They expect $1.53 earnings per share, up 1.32% or $0.02 from last year’s $1.51 per share. KMB’s profit will be $544.20M for 20.10 P/E if the $1.53 EPS becomes a reality. After $1.53 actual earnings per share reported by Kimberly Clark Corp for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Kimberly Clark Corp (NYSE:KMB) Ratings Coverage

Out of 9 analysts covering Kimberly-Clark (NYSE:KMB), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. $155 is the highest target while $114.0 is the lowest. The $130.75 average target is 6.27% above today’s ($123.03) stock price. Kimberly-Clark has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Sterne Agee CRT initiated the stock with “Neutral” rating in Tuesday, July 21 report. The firm has “Buy” rating given on Thursday, October 22 by Deutsche Bank. The firm has “Buy” rating by Deutsche Bank given on Tuesday, September 15. On Wednesday, July 27 the stock rating was maintained by Citigroup with “Neutral”. The rating was downgraded by Deutsche Bank on Monday, April 25 to “Hold”. The stock of Kimberly Clark Corp (NYSE:KMB) earned “Sector Perform” rating by RBC Capital Markets on Thursday, October 22. On Monday, March 21 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating by Societe Generale given on Friday, October 23. The company was maintained on Monday, October 26 by B. Riley & Co. The rating was downgraded by Zacks to “Hold” on Thursday, September 17.

Insitutional Activity: The institutional sentiment increased to 0.9 in 2016 Q2. Its up 0.07, from 0.83 in 2016Q1. The ratio is positive, as 63 funds sold all Kimberly Clark Corp shares owned while 445 reduced positions. 76 funds bought stakes while 383 increased positions. They now own 242.40 million shares or 5.05% less from 255.29 million shares in 2016Q1.
Raymond James Trust Na holds 0.54% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 46,714 shares. Conestoga Cap Advsr Ltd Com holds 4,250 shares or 0.04% of its portfolio. Hl Fin Services Lc reported 29,170 shares or 0.09% of all its holdings. Community Bancorp Na holds 0.15% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 4,515 shares. Spot Trading Limited holds 2,100 shares or 0% of its portfolio. Macquarie Grp Ltd has 20,678 shares for 0.01% of their US portfolio. Moreover, Dubuque State Bank Trust has 0.06% invested in Kimberly Clark Corp (NYSE:KMB) for 2,318 shares. Nomura Asset Mngmt Ltd last reported 0.2% of its portfolio in the stock. Dai Ichi Life Insur Limited accumulated 0.55% or 133,872 shares. Tompkins Fincl Corporation holds 0.93% or 22,887 shares in its portfolio. Nikko Asset Mngmt Americas Incorporated, a New York-based fund reported 2,700 shares. Pennsylvania last reported 32,866 shares in the company. Credit Suisse Ag owns 1.05M shares or 0.16% of their US portfolio. Moreover, Klingenstein Fields & Limited Liability Com has 0.02% invested in Kimberly Clark Corp (NYSE:KMB) for 2,768 shares. Oakworth Capital Inc has 0.3% invested in the company for 6,336 shares.

Insider Transactions: Since May 5, 2016, the stock had 0 insider purchases, and 7 sales for $32.94 million net activity. Another trade for 5,080 shares valued at $659,120 was sold by MacQuillan Sandra. The insider PALMER ANTHONY J. sold 3,080 shares worth $400,400. On Thursday, August 4 Gottung Lizanne C sold $1.61 million worth of the stock or 12,407 shares. Another trade for 206,445 shares valued at $27.54M was made by FALK THOMAS J on Tuesday, July 26. $1.52 million worth of shares were sold by Mielke Thomas J. on Monday, August 22. On Thursday, May 5 the insider Underhill Kimberly K sold $392,632.

Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The company has a market cap of $43.76 billion. The Firm operates through three divisions: Personal Care, Consumer Tissue and K-C Professional. It has a 22.84 P/E ratio. The Company’s Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply