Kimberly Clark (KMB) Holder First Citizens Bank & Trust Co Has Lifted Its Stake; As International Business Machines (IBM) Stock Value Declined, Sun Life Financial Has Increased Stake by $300,033

May 24, 2018 - By Ash

Kimberly-Clark Corporation (NYSE:KMB) Logo

Sun Life Financial Inc increased its stake in International Business Machines Corp (IBM) by 17.67% based on its latest 2017Q4 regulatory filing with the SEC. Sun Life Financial Inc bought 1,961 shares as the company’s stock declined 0.39% with the market. The institutional investor held 13,058 shares of the computer manufacturing company at the end of 2017Q4, valued at $2.00M, up from 11,097 at the end of the previous reported quarter. Sun Life Financial Inc who had been investing in International Business Machines Corp for a number of months, seems to be bullish on the $132.80 billion market cap company. The stock decreased 0.29% or $0.42 during the last trading session, reaching $144.67. About 3.46M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 24, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Robert Rodriguez increased its stake in Kimberly Clark Corp (KMB) by 416.54% based on its latest 2017Q4 regulatory filing with the SEC. First Citizens Bank & Trust Co bought 7,606 shares as the company’s stock declined 10.91% with the market. The hedge fund run by Robert Rodriguez held 9,432 shares of the containers and packaging company at the end of 2017Q4, valued at $1.14M, up from 1,826 at the end of the previous reported quarter. First Citizens Bank & Trust Co who had been investing in Kimberly Clark Corp for a number of months, seems to be bullish on the $36.52B market cap company. The stock decreased 0.22% or $0.23 during the last trading session, reaching $104.55. About 1.86 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has declined 18.78% since May 24, 2017 and is downtrending. It has underperformed by 30.33% the S&P500.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by GBH Insights with “Buy” on Thursday, January 18. The firm has “Market Perform” rating by JMP Securities given on Friday, November 20. The firm has “Neutral” rating given on Wednesday, October 18 by Citigroup. The rating was maintained by Jefferies on Wednesday, September 20 with “Sell”. On Wednesday, July 12 the stock rating was maintained by Jefferies with “Sell”. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Monday, November 13 by RBC Capital Markets. The stock of International Business Machines Corporation (NYSE:IBM) has “Outperform” rating given on Wednesday, January 3 by RBC Capital Markets. As per Wednesday, April 19, the company rating was maintained by RBC Capital Markets. As per Friday, October 2, the company rating was maintained by JP Morgan. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 20.

Since January 31, 2018, it had 1 buy, and 2 insider sales for $2.69 million activity. WADDELL FREDERICK H had bought 610 shares worth $99,659 on Wednesday, January 31. Gherson Diane J sold $780,000 worth of stock or 5,000 shares.

Sun Life Financial Inc, which manages about $976.54M US Long portfolio, decreased its stake in Eog Resources Inc (NYSE:EOG) by 2,980 shares to 2,266 shares, valued at $245,000 in 2017Q4, according to the filing. It also reduced its holding in Conocophillips (NYSE:COP) by 6,291 shares in the quarter, leaving it with 2,615 shares, and cut its stake in Pnc Financial Services Group Inc (NYSE:PNC).

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It increased, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Meridian Counsel holds 7,569 shares. The New Jersey-based Brave Asset Mngmt has invested 0.49% in International Business Machines Corporation (NYSE:IBM). 179,186 are held by Renaissance Grp Lc. First Natl Bank stated it has 10,473 shares or 0.27% of all its holdings. Texas Yale reported 4,213 shares stake. Citigroup has 0.13% invested in International Business Machines Corporation (NYSE:IBM) for 1.03 million shares. Moreover, Evermay Wealth Mngmt Limited Liability Company has 0.43% invested in International Business Machines Corporation (NYSE:IBM) for 7,657 shares. Livingston Grp Inc Asset Mgmt Co (Operating As Southport Cap Management) holds 10,781 shares or 0.63% of its portfolio. 114,209 are held by Cibc World Markets. Inverness Counsel Ltd Company Ny has invested 0.09% of its portfolio in International Business Machines Corporation (NYSE:IBM). Oak Associates Oh reported 1.77% stake. Shamrock Asset Mgmt Limited Liability Corporation owns 160 shares or 0.01% of their US portfolio. Massachusetts-based Congress Asset Mngmt Ma has invested 0% in International Business Machines Corporation (NYSE:IBM). Osborne Prns Management Ltd Company holds 31,777 shares or 0.65% of its portfolio. Aperio Grp Lc has 524,697 shares for 0.42% of their portfolio.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM And Its Deceiving Dividend” on May 07, 2018, also 247Wallst.com with their article: “Who IBM Is Laying Off and What They Have to Say About It” published on April 27, 2018, Seekingalpha.com published: “Berkshire Hathaway drops IBM” on May 04, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Prnewswire.com and their article: “IBM Leads ‘Call for Code’ to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief” published on May 24, 2018 as well as 247Wallst.com‘s news article titled: “IBM, Abandoned by Buffett and Wall Street, Sinks Lower” with publication date: May 07, 2018.

Among 19 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 12 Hold. Therefore 11% are positive. Kimberly-Clark had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan on Friday, October 20 to “Underweight”. The firm has “Hold” rating by Jefferies given on Tuesday, May 30. On Monday, January 9 the stock rating was downgraded by Barclays Capital to “Equal Weight”. The firm earned “Hold” rating on Thursday, January 4 by Jefferies. The firm has “Hold” rating by RBC Capital Markets given on Friday, March 24. On Tuesday, October 25 the stock rating was maintained by B. Riley & Co with “Neutral”. RBC Capital Markets maintained Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, October 25 with “Sector Perform” rating. Goldman Sachs maintained the stock with “Buy” rating in Monday, June 19 report. As per Monday, April 23, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, October 12 by RBC Capital Markets.

First Citizens Bank & Trust Co, which manages about $743.86M US Long portfolio, decreased its stake in Tyson Foods Inc (NYSE:TSN) by 15,462 shares to 35,840 shares, valued at $2.91 million in 2017Q4, according to the filing. It also reduced its holding in Mdu Res Group Inc (NYSE:MDU) by 12,700 shares in the quarter, leaving it with 12,401 shares, and cut its stake in Activision Blizzard Inc (NASDAQ:ATVI).

More important recent Kimberly-Clark Corporation (NYSE:KMB) news were published by: Seekingalpha.com which released: “Trade War Relief Rally – Cramer’s Mad Money (5/21/18)” on May 22, 2018, also Seekingalpha.com published article titled: “Dividend Income Update April 2018”, Seekingalpha.com published: “Kimberly-Clark appoints Kim Underhill as Group President North America” on May 14, 2018. More interesting news about Kimberly-Clark Corporation (NYSE:KMB) was released by: Prnewswire.com and their article: “Kimberly-Clark Announces Executive Leadership Changes” with publication date: May 11, 2018.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.03, from 0.96 in 2017Q3. It fall, as 72 investors sold KMB shares while 404 reduced holdings. 99 funds opened positions while 344 raised stakes. 252.01 million shares or 2.69% more from 245.40 million shares in 2017Q3 were reported. Exxonmobil Invest Mngmt Inc Tx invested in 55,931 shares or 0.18% of the stock. Andra Ap holds 0.33% or 120,287 shares. Shufro Rose And Limited Liability Corporation has 0.04% invested in Kimberly-Clark Corporation (NYSE:KMB) for 3,000 shares. Guardian Capital LP has 128,266 shares for 0.23% of their portfolio. 6,403 were reported by Mastrapasqua Asset Mngmt. M&T Bank & Trust Corp holds 0.11% or 170,874 shares. Atria Investments Ltd Limited Liability Company owns 23,269 shares. Oppenheimer holds 29,670 shares or 0.09% of its portfolio. Moreover, Kessler Invest Grp Ltd has 0.02% invested in Kimberly-Clark Corporation (NYSE:KMB) for 100 shares. Goldman Sachs Gru has invested 0.1% in Kimberly-Clark Corporation (NYSE:KMB). Dearborn Lc holds 1.56% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB) for 179,121 shares. Legacy Private Tru, a Wisconsin-based fund reported 310,348 shares. Bridges Mgmt owns 6,367 shares. Carlton Hofferkamp Jenks Wealth Mgmt Ltd Limited Liability Company owns 3,734 shares for 0.28% of their portfolio. Sei Invests Comm reported 0.07% in Kimberly-Clark Corporation (NYSE:KMB).

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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