Catawba Capital Management Cut By $700,713 Its Kimberly Clark (KMB) Stake; Franklin Resources Has 0.84 Sentiment

Franklin Resources, Inc. is a publicly owned asset management holding company. The company has market cap of $25.21 billion. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It has a 15.12 P/E ratio. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries.

Catawba Capital Management decreased Kimberly Clark Corp (KMB) stake by 22.4% reported in 2017Q3 SEC filing. Catawba Capital Management sold 5,989 shares as Kimberly Clark Corp (KMB)’s stock declined 3.59%. The Catawba Capital Management holds 20,743 shares with $2.44 million value, down from 26,732 last quarter. Kimberly Clark Corp now has $42.11B valuation. The stock increased 1.59% or $1.87 during the last trading session, reaching $119.71. About 5.30M shares traded or 137.33% up from the average. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since January 25, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Kimberly-Clark has $15700 highest and $100.0 lowest target. $122.44’s average target is 2.28% above currents $119.71 stock price. Kimberly-Clark had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Underperform” rating by CLSA on Wednesday, October 26. Jefferies maintained it with “Hold” rating and $119.0 target in Tuesday, September 5 report. RBC Capital Markets maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Friday, March 24. RBC Capital Markets has “Hold” rating and $121 target. On Thursday, July 6 the stock rating was maintained by Jefferies with “Hold”. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Hold” rating by RBC Capital Markets on Tuesday, August 1. As per Wednesday, July 26, the company rating was maintained by UBS. The rating was maintained by B. Riley & Co on Monday, October 26 with “Neutral”. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, October 25. As per Monday, June 19, the company rating was maintained by Goldman Sachs. Barclays Capital downgraded Kimberly-Clark Corporation (NYSE:KMB) rating on Monday, January 9. Barclays Capital has “Equal Weight” rating and $109 target.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.01, from 0.97 in 2017Q2. It is 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. 39,225 are owned by Outfitter. Harbour Mgmt Limited Co holds 1.56% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB) for 18,915 shares. Koshinski Asset Mgmt reported 4,431 shares. Ahl Ptnrs Ltd Liability Partnership, a United Kingdom-based fund reported 25,697 shares. Everence Capital Mngmt Incorporated owns 8,795 shares or 0.24% of their US portfolio. Bbva Compass Bank Inc has 0.27% invested in Kimberly-Clark Corporation (NYSE:KMB) for 35,693 shares. Cullen Management Limited Co invested 1.69% in Kimberly-Clark Corporation (NYSE:KMB). Brown Advisory invested in 59,000 shares. State Of Alaska Department Of Revenue holds 0.51% or 85,684 shares in its portfolio. Cambridge Inv Research Advisors Inc invested in 0.08% or 50,709 shares. Ct Mason invested in 0.84% or 19,720 shares. Autus Asset Limited Com reported 2,780 shares. Farr Miller Washington Limited Liability Dc invested 0.07% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Macquarie Ltd accumulated 104,138 shares or 0.02% of the stock. Wesbanco State Bank holds 0.08% or 12,341 shares in its portfolio.

The stock increased 0.02% or $0.01 during the last trading session, reaching $45.52. About 2.31M shares traded. Franklin Resources, Inc. (BEN) has risen 19.40% since January 25, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Analysts await Franklin Resources, Inc. (NYSE:BEN) to report earnings on January, 26. They expect $0.74 EPS, down 3.90% or $0.03 from last year’s $0.77 per share. BEN’s profit will be $409.89M for 15.38 P/E if the $0.74 EPS becomes a reality. After $0.76 actual EPS reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Gallagher Fiduciary Advisors Llc holds 33.47% of its portfolio in Franklin Resources, Inc. for 1.87 million shares. Abrams Capital Management L.P. owns 7.95 million shares or 13.8% of their US portfolio. Moreover, Kiltearn Partners Llp has 8.01% invested in the company for 6.16 million shares. The Michigan-based Rk Asset Management Llc has invested 6.41% in the stock. Highfields Capital Management Lp, a Massachusetts-based fund reported 11.19 million shares.