Crawford Investment Counsel Has Cut Its Position in Kimberly Clark (KMB) by $1.50 Million as Share Price Declined; Old West Investment Management Has Boosted Goldcorp (GG) Holding

June 20, 2018 - By Marie Mckinney

Goldcorp Inc. (NYSE:GG) Logo

Crawford Investment Counsel Inc decreased its stake in Kimberly Clark Corp (KMB) by 67% based on its latest 2018Q1 regulatory filing with the SEC. Crawford Investment Counsel Inc sold 13,612 shares as the company’s stock declined 7.86% with the market. The institutional investor held 6,705 shares of the containers and packaging company at the end of 2018Q1, valued at $738,000, down from 20,317 at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in Kimberly Clark Corp for a number of months, seems to be less bullish one the $35.75B market cap company. The stock increased 1.59% or $1.6 during the last trading session, reaching $102.34. About 2.23 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has declined 18.50% since June 20, 2017 and is downtrending. It has underperformed by 31.07% the S&P500. Some Historical KMB News: 23/04/2018 – Kimberly-Clark Expects Restructuring Program Will Generate Annual Pre-Tax Cost Savings of $500M-$550M by End of 2021; 10/05/2018 – Kimberly-Clark Declares Quarterly Dividend; 22/05/2018 – Kimberly-Clark Plans $30M Expansion, Improvements at Hendersonville, N.C., Plant; 23/04/2018 – Kimberly-Clark Braces for Even Higher Pulp Inflation — Commodity Comment; 11/05/2018 – KIMBERLY-CLARK CORP – KIM UNDERHILL, PRESIDENT OF KIMBERLY-CLARK PROFESSIONAL, HAS BEEN NAMED GROUP PRESIDENT KIMBERLY-CLARK NORTH AMERICA; 19/04/2018 – KIMBERLY-CLARK MEXICO 1Q NET INCOME MXN1.21B, EST. MXN1.13B; 14/05/2018 – Kimberly-Clark at AllianceBernstein Conference May 31; 08/05/2018 – Fitch Affirms Kimberly-Clark de Mexico’s IDRs at ‘A’; Outlook Stable; 16/04/2018 – Sierra Nevada Brewing Company Taps Kimberly-Clark Professional to Recycle Used Gloves at its California and North Carolina Facilities; 22/05/2018 – Kimberly-Clark to Expand Production at its North Carolina Nonwovens Plant




Old West Investment Management Llc increased its stake in Goldcorp Inc (GG) by 40.11% based on its latest 2018Q1 regulatory filing with the SEC. Old West Investment Management Llc bought 179,798 shares as the company’s stock rose 9.94% while stock markets declined. The hedge fund held 628,019 shares of the precious metals company at the end of 2018Q1, valued at $8.68M, up from 448,221 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Goldcorp Inc for a number of months, seems to be bullish on the $12.15 billion market cap company. The stock decreased 2.07% or $0.29 during the last trading session, reaching $13.72. About 6.12M shares traded or 17.66% up from the average. Goldcorp Inc. (NYSE:GG) has risen 3.69% since June 20, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Tuesday, September 19 with “Hold”. The rating was initiated by IBC on Friday, July 24 with “Outperform”. The stock of Goldcorp Inc. (NYSE:GG) earned “Buy” rating by TD Securities on Wednesday, June 14. The stock of Goldcorp Inc. (NYSE:GG) has “Hold” rating given on Thursday, October 19 by Jefferies. UBS downgraded the stock to “Neutral” rating in Monday, March 28 report. The stock has “Hold” rating by Berenberg on Wednesday, September 7. The firm has “Hold” rating given on Wednesday, November 22 by HSBC. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, December 3. RBC Capital Markets maintained Goldcorp Inc. (NYSE:GG) rating on Tuesday, July 18. RBC Capital Markets has “Hold” rating and $1600 target. The stock of Goldcorp Inc. (NYSE:GG) earned “Sector Perform” rating by RBC Capital Markets on Monday, September 14.

Another recent and important Goldcorp Inc. (NYSE:GG) news was published by Fool.com which published an article titled: “Is Goldcorp Inc. (GG) a Buy?” on May 31, 2018.

Old West Investment Management Llc, which manages about $207.40M and $173.47M US Long portfolio, decreased its stake in Enphase Energy Inc (NASDAQ:ENPH) by 304,845 shares to 1.47 million shares, valued at $6.74 million in 2018Q1, according to the filing. It also reduced its holding in Liberty F by 21,621 shares in the quarter, leaving it with 117,254 shares, and cut its stake in Penske Automotive Group Inc (NYSE:PAG).

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on July, 24. They expect $1.62 earnings per share, up 8.72% or $0.13 from last year’s $1.49 per share. KMB’s profit will be $565.91 million for 15.79 P/E if the $1.62 EPS becomes a reality. After $1.71 actual earnings per share reported by Kimberly-Clark Corporation for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

More recent Kimberly-Clark Corporation (NYSE:KMB) news were published by: Seekingalpha.com which released: “Dividend Growth Stocks In A Stealth Bear Market! Kimberly-Clark Corporation: Part 2” on May 30, 2018. Also Investorplace.com published the news titled: “10 Consumer Stocks on the Clearance Rack” on June 18, 2018. Seekingalpha.com‘s news article titled: “Should You Buy Kimberly-Clark? It Depends” with publication date: June 10, 2018 was also an interesting one.

Crawford Investment Counsel Inc, which manages about $4.53 billion and $3.17 billion US Long portfolio, upped its stake in General Mls Inc (NYSE:GIS) by 46,286 shares to 336,793 shares, valued at $15.18 million in 2018Q1, according to the filing. It also increased its holding in Johnson Ctls Intl Plc by 327,200 shares in the quarter, for a total of 1.33 million shares, and has risen its stake in Hcp Inc (NYSE:HCP).

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.03, from 0.93 in 2017Q4. It dropped, as 63 investors sold KMB shares while 413 reduced holdings. 95 funds opened positions while 333 raised stakes. 247.29 million shares or 1.87% less from 252.01 million shares in 2017Q4 were reported. Gamble Jones Investment Counsel holds 17,043 shares. Hanson Mcclain Inc stated it has 171 shares. Savant Cap Limited Liability reported 4,790 shares or 0.11% of all its holdings. Sky Grp Incorporated Ltd Liability Corporation owns 56,564 shares. Etrade Capital Management Limited Liability holds 20,628 shares or 0.07% of its portfolio. Confluence Wealth Management Ltd Liability Corp owns 6,252 shares. Tower Research Cap Llc (Trc) holds 0.03% or 2,714 shares. Hirtle Callaghan Ltd Liability Corporation owns 0.03% invested in Kimberly-Clark Corporation (NYSE:KMB) for 2,800 shares. Woodley Farra Manion Port Inc reported 15,223 shares. Homrich Berg invested 0.11% in Kimberly-Clark Corporation (NYSE:KMB). Stelac Advisory Ltd Limited Liability Company owns 1,378 shares. Shelton Capital accumulated 5,026 shares. Parthenon Lc reported 2,414 shares. Moreover, Bkd Wealth Advisors Limited Liability Company has 0.04% invested in Kimberly-Clark Corporation (NYSE:KMB) for 4,465 shares. Blb&B Advsrs Limited Liability Com invested in 0.33% or 22,192 shares.

Kimberly-Clark Corporation (NYSE:KMB) Institutional Positions Chart

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