Jefferies Group Has Cut Its Kimberly Clark (Call) (KMB) Stake by $4.20 Million; Share Price Declined; As Oneok (OKE) Stock Declined, Wellington Shields Capital Management Has Lifted Position by $1.31 Million

February 18, 2018 - By Adrian Mccoy

Jefferies Group Llc decreased its stake in Kimberly Clark Corp (Call) (KMB) by 89.53% based on its latest 2017Q3 regulatory filing with the SEC. Jefferies Group Llc sold 35,900 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 4,200 shares of the containers and packaging company at the end of 2017Q3, valued at $494,000, down from 40,100 at the end of the previous reported quarter. Jefferies Group Llc who had been investing in Kimberly Clark Corp (Call) for a number of months, seems to be less bullish one the $40.72B market cap company. The stock increased 0.24% or $0.28 during the last trading session, reaching $116.1. About 2.01M shares traded. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since February 18, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Wellington Shields Capital Management Llc increased its stake in Oneok Inc (OKE) by 389.61% based on its latest 2017Q3 regulatory filing with the SEC. Wellington Shields Capital Management Llc bought 23,813 shares as the company’s stock declined 4.12% while stock markets rallied. The institutional investor held 29,925 shares of the public utilities company at the end of 2017Q3, valued at $1.66 million, up from 6,112 at the end of the previous reported quarter. Wellington Shields Capital Management Llc who had been investing in Oneok Inc for a number of months, seems to be bullish on the $23.36 billion market cap company. The stock decreased 1.54% or $0.89 during the last trading session, reaching $56.91. About 2.34 million shares traded. ONEOK, Inc. (NYSE:OKE) has risen 23.81% since February 18, 2017 and is uptrending. It has outperformed by 7.11% the S&P500.

Jefferies Group Llc, which manages about $15.15 billion US Long portfolio, upped its stake in Transocean Ltd (Put) (NYSE:RIG) by 769,800 shares to 792,000 shares, valued at $8.52 million in 2017Q3, according to the filing. It also increased its holding in Priceline Grp Inc (Call) (NASDAQ:PCLN) by 800 shares in the quarter, for a total of 2,500 shares, and has risen its stake in Worthington Inds Inc (NYSE:WOR).

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.01, from 0.97 in 2017Q2. It turned negative, as 64 investors sold KMB shares while 404 reduced holdings. 84 funds opened positions while 363 raised stakes. 245.40 million shares or 1.70% more from 241.30 million shares in 2017Q2 were reported. State Treasurer State Of Michigan holds 107,246 shares. Creative Planning holds 0.02% or 39,570 shares. M&T Commercial Bank Corp invested in 0.11% or 173,925 shares. Engineers Gate Manager LP reported 0.19% in Kimberly-Clark Corporation (NYSE:KMB). Alta Cap Mgmt Ltd Liability Corporation holds 0.11% or 14,393 shares. Drexel Morgan holds 0.73% in Kimberly-Clark Corporation (NYSE:KMB) or 6,030 shares. Brick & Kyle Assocs holds 1.72% or 18,050 shares. Magellan Asset Mgmt reported 150 shares. Cobblestone Advsr Ltd Liability Com Ny stated it has 0.07% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). 582,060 are owned by Vaughan David Invests Inc Il. Profund Advisors Llc stated it has 8,592 shares or 0.04% of all its holdings. Manchester Cap Mngmt Ltd Limited Liability Company holds 2,555 shares or 0.05% of its portfolio. 2,738 were reported by Country Club Company Na. Thompson Invest Mgmt has invested 0.29% in Kimberly-Clark Corporation (NYSE:KMB). Hutchin Hill Capital Lp accumulated 12,500 shares or 0.06% of the stock.

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Kimberly-Clark had 58 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of KMB in report on Friday, May 26 with “Hold” rating. On Monday, December 14 the stock rating was upgraded by Goldman Sachs to “Buy”. The firm has “Sell” rating by J.P. Morgan given on Friday, October 20. The firm has “Buy” rating by Societe Generale given on Thursday, November 2. The firm has “Neutral” rating given on Friday, September 15 by Macquarie Research. Citigroup maintained it with “Neutral” rating and $125 target in Tuesday, October 24 report. RBC Capital Markets maintained the stock with “Hold” rating in Friday, June 30 report. The firm has “Hold” rating given on Friday, August 21 by Societe Generale. The rating was upgraded by RBC Capital Markets to “Sector Perform” on Wednesday, April 26. The company was maintained on Tuesday, October 10 by Jefferies.

Since January 29, 2018, it had 0 insider buys, and 1 sale for $2.77 million activity.

Investors sentiment increased to 2.82 in Q3 2017. Its up 1.47, from 1.35 in 2017Q2. It increased, as 52 investors sold OKE shares while 103 reduced holdings. 164 funds opened positions while 273 raised stakes. 264.73 million shares or 40.11% more from 188.94 million shares in 2017Q2 were reported. Employees Retirement Association Of Colorado holds 0.02% or 49,631 shares. Asset Management One Com owns 637,951 shares or 0.08% of their US portfolio. Washington Bancorp holds 0% or 200 shares in its portfolio. Glenmede Trust Na owns 143,478 shares for 0.03% of their portfolio. Moreover, Sir Capital Management LP has 3.23% invested in ONEOK, Inc. (NYSE:OKE). Community Bank Na holds 0% or 394 shares. Monarch Capital Management Inc holds 0.1% in ONEOK, Inc. (NYSE:OKE) or 5,022 shares. Ray Gerald L Assoc Limited invested in 33,966 shares. Invsts Asset Of Georgia Ga Adv reported 0.5% of its portfolio in ONEOK, Inc. (NYSE:OKE). Advisor Prns Ltd Liability Corporation holds 0.11% or 10,085 shares. Amica Retiree holds 1,284 shares or 0.06% of its portfolio. Prudential Fincl holds 522,975 shares. Caprock Group Inc holds 16,665 shares. Moreover, Da Davidson And has 0.04% invested in ONEOK, Inc. (NYSE:OKE). Exxonmobil Mngmt Inc Tx, Texas-based fund reported 69,375 shares.

Wellington Shields Capital Management Llc, which manages about $901.02M and $609.08M US Long portfolio, decreased its stake in Blackstone Mortgage Trust Inc (NYSE:BXMT) by 19,480 shares to 68,249 shares, valued at $2.12M in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 7,230 shares in the quarter, leaving it with 86,481 shares, and cut its stake in General Mills Inc (NYSE:GIS).

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