Thursday, 22 February, 2018

Based Kimberly-Clark plans to cut 5000 to 5500 jobs

Reuters Reuters
Nellie Chapman | 28 January, 2018, 01:52

Insiders sold a total of 32,267 shares of company stock worth $4,155,862 over the last ninety days. The company has market cap of $3.55 billion. Corporate insiders own 0.56% of the company's stock. About 1.37M shares traded. Lands' End, Inc. (NASDAQ:LE) has risen 2.84% since January 23, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

81 Kimberly-Clark plants will remain open. 3,630,034 shares of the company traded hands, compared to its average volume of 2,190,000. While the company did not say where the job cuts would take place, roughly half of the layoffs will come from North America, which accounts for about half of Kimberly-Clark's sales. The stock increased 0.54% or $0.06 during the last trading session, reaching $11.23.

The company's ATR (Average True Range) is 2.08. It has underperformed by 16.37% the S&P500. Clearbridge Investments Lc holds 0.42% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB) for 3.69 million shares. Therefore 11% are positive. Kimberly-Clark had 56 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Hold" rating by Jefferies on Tuesday, October 10. The firm has "Hold" rating given on Friday, April 7 by Wood. The company was maintained on Monday, October 26 by B. Riley & Co. The rating was maintained by Jefferies on Thursday, January 4 with "Hold". Royal Bank & Trust Of Canada accumulated 1.68 million shares or 0.1% of the stock. Its up 0.02, from 0.72 in 2017Q2. Texas Yale Cap Corporation has 0.15% invested in Kimberly-Clark Corporation (NYSE:KMB) for 14,321 shares. Its up 9.42% from 15.85M shares, reported previously. Asset Management holds 0.14% or 36,703 shares. Rockefeller Ser Incorporated holds 3,500 shares. (NYSE:WFC) by 6,330 shares to 1.17 million shares, valued at $64.51M in 2017Q3, according to the filing. It dived, as 52 investors sold LYB shares while 276 reduced holdings. Annaly Capital Management, Inc. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned "Equal Weight" rating by Barclays Capital on Monday, January 9. Becker Mgmt owns 2,486 shares.

Rbs Partners Lp increased its stake in Lands End Inc New (LE) by 1.87% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 6,638 shares in the quarter, leaving it with 81,516 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ). Peninsula Asset Mgmt holds 1.41% or 13,275 shares. Its down 0.12, from 0.96 in 2017Q2. Webster Fincl Bank N A invested in 1,383 shares. Keybank National Association Oh reported 530,241 shares. Chatham Capital Grp has invested 0.17% in International Business Machines Corporation (NYSE:IBM). Sg Americas Ltd Llc accumulated 0.1% or 96,427 shares. Natixis reported 59,393 shares. Wright Invsts Service Inc holds 0.13% in Teradyne, Inc. (NYSE:MET). State Of Tennessee Treasury Department invested 0.23% in MetLife, Inc. Missouri-based Stifel Corp has invested 0.07% in LyondellBasell Industries N.V. (NYSE:LYB).

Investors sentiment increased to 0.74 in Q3 2017. (NYSE:TER) or 41,000 shares. The stock of Teradyne, Inc. Rfg Advisory Gp Limited Liability Company owns 5,128 shares for 0.37% of their portfolio.

Analysts await Teradyne, Inc. According to the Analysts, the Low Earnings estimate for the current quarter is $1.49, while the High earnings estimate is $1.79.Comparatively, EPS for the same quarter past year was $1.68. Panagora Asset Management Incorporated invested in 0.65% or 1.40M shares. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. Therefore 39% are positive. Gogo had 11 analyst reports since October 7, 2015 according to SRatingsIntel. As per Wednesday, July 12, the company rating was downgraded by UBS. (NYSE:TER) has "Outperform" rating given on Thursday, January 26 by Cowen & Co. The rating was maintained by Pacific Crest with "Overweight" on Monday, September 21. Raymond James downgraded Ecopetrol S.A. (NYSE:EC) on Tuesday, November 28 to "Underperform" rating. The firm has "Neutral" rating given on Tuesday, October 24 by Citigroup. The stock has "Buy" rating by Stifel Nicolaus on Friday, January 8. Standpoint Research initiated the stock with "Buy" rating in Thursday, June 23 report.