Houghton Mifflin Harcourt Co (HMHC) Reaches $8.10 Low on Nov, 14; Conning Raised By $1.89 Million Its Kimberly Clark (KMB) Stake

November 14, 2017 - By Henry Gaston

The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) reached all time low today, Nov, 14 and still has $7.61 target or 6.00% below today’s $8.10 share price. This indicates more downside for the $999.00M company. This technical setup was reported by Barchart.com. If the $7.61 PT is reached, the company will be worth $59.94 million less. About 109,935 shares traded. Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has declined 25.97% since November 14, 2016 and is downtrending. It has underperformed by 42.67% the S&P500.

Conning Inc increased Kimberly Clark Corp (KMB) stake by 5.97% reported in 2017Q2 SEC filing. Conning Inc acquired 14,618 shares as Kimberly Clark Corp (KMB)’s stock declined 3.59%. The Conning Inc holds 259,289 shares with $33.48M value, up from 244,671 last quarter. Kimberly Clark Corp now has $40.25 billion valuation. The stock declined 0.85% or $0.98 reaching $114.43 on the news. About 215,022 shares traded. Kimberly Clark Corp (NYSE:KMB) has risen 0.32% since November 14, 2016 and is uptrending. It has underperformed by 16.38% the S&P500.

Conning Inc decreased Ca Inc (NASDAQ:CA) stake by 140,040 shares to 9,273 valued at $320,000 in 2017Q2. It also reduced Spdr S&P Midcap 400 Etf Tr (MDY) stake by 2,816 shares and now owns 117,325 shares. Enbridge Energy Partners LP (NYSE:EEP) was reduced too.

Since May 16, 2017, it had 0 buys, and 1 insider sale for $920,237 activity. 7,078 shares were sold by Cruz Sergio, worth $920,237. 20,108 shares were sold by Mielke Thomas J., worth $2.58 million.

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 4 Sell and 12 Hold. Therefore 11% are positive. Kimberly-Clark had 52 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained it with “Neutral” rating and $119 target in Wednesday, July 26 report. The firm earned “Hold” rating on Tuesday, May 30 by Jefferies. Citigroup maintained Kimberly Clark Corp (NYSE:KMB) rating on Wednesday, July 27. Citigroup has “Neutral” rating and $139 target. On Wednesday, July 12 the stock rating was downgraded by UBS to “Sell”. The firm earned “Sector Perform” rating on Tuesday, October 25 by RBC Capital Markets. The stock has “Neutral” rating by UBS on Tuesday, October 25. J.P. Morgan downgraded the stock to “Sell” rating in Friday, October 20 report. The stock has “Hold” rating by Deutsche Bank on Monday, April 25. On Monday, March 21 the stock rating was maintained by Barclays Capital with “Overweight”. B. Riley & Co maintained the stock with “Neutral” rating in Tuesday, October 25 report.

Investors sentiment increased to 0.97 in Q2 2017. Its up 0.11, from 0.86 in 2017Q1. It increased, as 50 investors sold KMB shares while 418 reduced holdings. 84 funds opened positions while 372 raised stakes. 241.30 million shares or 1.02% more from 238.87 million shares in 2017Q1 were reported. Moreover, Telemus Cap Ltd Liability Corporation has 0.22% invested in Kimberly Clark Corp (NYSE:KMB) for 12,664 shares. Gotham Asset Mngmt Ltd Liability Corporation invested in 0.41% or 227,338 shares. The Pennsylvania-based Mitchell Sinkler Starr Pa has invested 1.71% in Kimberly Clark Corp (NYSE:KMB). Covington Investment Advsr has invested 1% in Kimberly Clark Corp (NYSE:KMB). Bluemountain Management Ltd Liability Corp reported 19,769 shares. Laurion Capital Mngmt Ltd Partnership holds 0.01% or 8,287 shares in its portfolio. Alethea Capital Ltd Liability owns 10,000 shares or 0.73% of their US portfolio. Dodge And Cox owns 3,943 shares. Palladium Prtn Ltd Liability Corp reported 11,699 shares. Apriem holds 1,782 shares or 0.06% of its portfolio. Moreover, Alesco Advisors Ltd Liability has 0.02% invested in Kimberly Clark Corp (NYSE:KMB) for 2,535 shares. Marshwinds Advisory Company reported 5,609 shares or 0.34% of all its holdings. First Republic Investment Mgmt stated it has 54,397 shares or 0.05% of all its holdings. Wagner Bowman Management holds 0.84% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 23,081 shares. Seaward Mgmt Ltd Partnership holds 0.25% of its portfolio in Kimberly Clark Corp (NYSE:KMB) for 39,073 shares.

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.47, from 1.4 in 2017Q1. It dropped, as 13 investors sold Houghton Mifflin Harcourt Co shares while 54 reduced holdings. 31 funds opened positions while 31 raised stakes. 120.26 million shares or 0.70% less from 121.12 million shares in 2017Q1 were reported. Dimensional Fund Advisors L P has invested 0.02% in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Federated Investors Pa reported 0.02% of its portfolio in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). California Pub Employees Retirement Sys holds 185,600 shares. Granite Limited Liability Company has invested 0.74% in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Moreover, Envestnet Asset Management has 0% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Principal Financial Inc invested 0% in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). 55,418 were accumulated by Highbridge Cap Ltd Limited Liability Company. Goldman Sachs Group Inc reported 390,141 shares or 0% of all its holdings. Great Lakes Advsr Limited Co invested 0.07% of its portfolio in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Guggenheim Capital Limited Liability Corporation owns 221,369 shares or 0.01% of their US portfolio. Rhumbline Advisers owns 121,173 shares for 0% of their portfolio. 229,398 are held by Millennium Mngmt Lc. Loomis Sayles Lp has 954,981 shares for 0.03% of their portfolio. Price T Rowe Assocs Incorporated Md reported 30,590 shares. Advisory Svcs Ntwk Ltd Liability Corp owns 0.04% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) for 23,274 shares.

Houghton Mifflin Harcourt Company is a global learning company, specializing in education solutions across a range of media. The company has market cap of $999.00 million. The Firm operates through two divisions: Education and Trade Publishing. It currently has negative earnings. As of December 31, 2016, the Company delivered content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world.

Among 6 analysts covering Houghton Mifflin Harcourt (NASDAQ:HMHC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Houghton Mifflin Harcourt had 16 analyst reports since August 7, 2015 according to SRatingsIntel. On Monday, July 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Piper Jaffray with “Hold” on Sunday, August 6. The rating was downgraded by BMO Capital Markets to “Market Perform” on Friday, August 5. The firm has “Hold” rating given on Monday, August 14 by Stifel Nicolaus. The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has “Outperform” rating given on Monday, October 5 by Wells Fargo. Zacks upgraded the shares of HMHC in report on Tuesday, August 11 to “Strong Sell” rating. As per Friday, June 23, the company rating was maintained by BMO Capital Markets. Citigroup upgraded the shares of HMHC in report on Thursday, September 10 to “Buy” rating. The firm has “Hold” rating given on Thursday, August 3 by BMO Capital Markets. The firm has “Buy” rating by Citigroup given on Friday, November 3.

Analysts await Houghton Mifflin Harcourt Co (NASDAQ:HMHC) to report earnings on February, 22. They expect $-0.91 EPS, down 30.00% or $0.21 from last year’s $-0.7 per share. After $0.73 actual EPS reported by Houghton Mifflin Harcourt Co for the previous quarter, Wall Street now forecasts -224.66% negative EPS growth.

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