Is Kimberly Clark Corp’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Kimberly Clark Corp's Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Kimberly Clark Corp (KMB) registered an unusually high (5,097) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious KMB increase. With 5,097 contracts traded and 5014 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: KMB170421C00130000 closed last at: $0.95 or 137.5% up. About 228,160 shares traded hands. Kimberly Clark Corp (NYSE:KMB) has declined 16.09% since April 8, 2016 and is downtrending. It has underperformed by 21.74% the S&P500.

Kimberly Clark Corp (NYSE:KMB) Ratings Coverage

Out of 12 analysts covering Kimberly-Clark (NYSE:KMB), 3 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 25% are positive. $155 is the highest target while $114.0 is the lowest. The $128.40 average target is 15.02% above today’s ($111.63) stock price. Kimberly-Clark has been the topic of 22 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, October 26 by B. Riley & Co. The stock has “Hold” rating given by Societe Generale on Friday, August 21. CLSA downgraded the stock to “Underperform” rating in Wednesday, October 26 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, October 25. The stock of Kimberly Clark Corp (NYSE:KMB) earned “Neutral” rating by B. Riley & Co on Tuesday, October 25. The firm has “Hold” rating given on Tuesday, October 25 by Deutsche Bank. Deutsche Bank downgraded the stock to “Hold” rating in Monday, April 25 report. The stock has “Neutral” rating given by UBS on Tuesday, October 25. The rating was downgraded by Zacks on Thursday, September 17 to “Hold”. The stock of Kimberly Clark Corp (NYSE:KMB) has “Buy” rating given on Tuesday, October 25 by Goldman Sachs.

According to Zacks Investment Research, “Kimberly-Clark Corporation is one of the leading consumer products companies. Its global tissue, personal care and health care brands include Huggies, Pull-Ups, Kotex, Depend, Kleenex, Scott, Kimberly-Clark, Safeskin, Tecnol, Kimwipes and Wypall. Other brands well known outside the U.S. include Andrex, Scottex, Page, Popee and Kimbies. Kimberly-Clark also is a major producer of premium business, correspondence and technical papers. (Company Press Release)”

Insitutional Activity: The institutional sentiment increased to 0.9 in Q2 2016. 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.
The New York-based Millennium Management Ltd Liability Co has invested 0% in Kimberly Clark Corp (NYSE:KMB). Ancora Advsrs Ltd Liability Co, a Us-based fund reported 1,700 shares. Johnson Invest Counsel has 17,401 shares for 0.08% of their US portfolio. Old National Retail Bank In accumulated 13,268 shares or 0.1% of the stock. Hartford Mngmt holds 0.27% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 94,369 shares. Mizuho Asset Management Coltd holds 0.12% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 4,755 shares. Stratos Wealth Prtn last reported 0.31% of its portfolio in the stock. First Quadrant L P Ca has invested 0.01% of its portfolio in Kimberly Clark Corp (NYSE:KMB). The Ontario – Canada-based 1832 Asset Mngmt Lp has invested 0% in Kimberly Clark Corp (NYSE:KMB). Wetherby Asset Mgmt accumulated 7,678 shares or 0.23% of the stock. Northern Trust accumulated 5.67 million shares or 0.25% of the stock. Ameritas Inv Prtn holds 0.07% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 7,663 shares. Strategic Global Advisors Limited, a California-based fund reported 2,667 shares. Transamerica Advisors owns 8 shares or 0% of their US portfolio. Wagner Bowman Mngmt Corp holds 0.91% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 17,055 shares.

Insider Transactions: Since May 12, 2016, the stock had 1 buy, and 5 selling transactions for $31.67 million net activity. On Thursday, August 4 Gottung Lizanne C sold $1.61M worth of the stock or 12,407 shares. FALK THOMAS J had sold 206,445 shares worth $27.54M. $1.52M worth of Kimberly Clark Corp (NYSE:KMB) was sold by Mielke Thomas J. on Monday, August 22. On Thursday, August 4 the insider PALMER ANTHONY J. sold $400,400. DECHERD ROBERT W bought $227,182 worth of Kimberly Clark Corp (NYSE:KMB) on Thursday, October 27. Another trade for 5,080 shares valued at $659,120 was made by MacQuillan Sandra on Thursday, May 12.

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 $39.94 billion. The Firm operates through three divisions: Personal Care, Consumer Tissue and K-C Professional. It has a 20.31 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.

KMB Company Profile

Kimberly-Clark Corporation, incorporated on June 29, 1928, is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Firm operates through three divisions: Personal Care, Consumer Tissue and K-C Professional. The Firm sells its products to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets. The Firm sells its products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service and public facilities. The Firm has manufacturing facilities in over 40 countries.

More recent Kimberly Clark Corp (NYSE:KMB) news were published by: Fool.com which released: “Kimberly-Clark Corp. Logs Soggy Sales” on October 25, 2016. Also Forbes.com published the news titled: “Oversold Conditions For Kimberly-Clark (KMB)” on October 20, 2016. Marketwatch.com‘s news article titled: “Kimberly-Clark shares drop after earnings miss, guidance cut” with publication date: October 24, 2016 was also an interesting one.

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