As Extra Space Storage (EXR) Valuation Rose, Shareholder Adelante Capital Management Has Decreased Its Position; Kimberly Clark (KMB) Stock Declined While Barnett & Company Trimmed by $303,820 Its Position

June 19, 2018 - By Marguerite Chambers

Kimberly-Clark Corporation (NYSE:KMB) Logo

Barnett & Company Inc decreased its stake in Kimberly Clark Corp (KMB) by 36.41% based on its latest 2018Q1 regulatory filing with the SEC. Barnett & Company Inc sold 2,762 shares as the company’s stock declined 7.86% with the market. The institutional investor held 4,824 shares of the containers and packaging company at the end of 2018Q1, valued at $531,000, down from 7,586 at the end of the previous reported quarter. Barnett & Company Inc who had been investing in Kimberly Clark Corp for a number of months, seems to be less bullish one the $35.84 billion market cap company. The stock increased 1.84% or $1.86 during the last trading session, reaching $102.6. About 853,456 shares traded. Kimberly-Clark Corporation (NYSE:KMB) has declined 18.50% since June 19, 2017 and is downtrending. It has underperformed by 31.07% the S&P500. Some Historical KMB News: 16/05/2018 – Kimberly-Clark Mexico Closes Above 200-Day Moving Average; 19/04/2018 – KIMBERLY-CLARK MEXICO 1Q NET INCOME MXN1.21B, EST. MXN1.13B; 16/05/2018 – KIMBERLY-CLARK DE MEXICO ANNOUNCES A MXN3B TERM LOAN AGREEMENT; 15/05/2018 – Panagora Adds Aptiv, Exits Visteon, Cuts Kimberly-Clark: 13F; 22/03/2018 – Kimberly-Clark and Deltares Launch Innovative Tool for Sustainable Water Management; 12/04/2018 – Kimberly-Clark Announces Strategic Investment in its Mobile, Alabama Mill; 12/04/2018 – Kimberly-Clark Estimates $100 Million Investment to Expand Mobile Manufacturing Facility; 19/04/2018 – KIMBERLY-CLARK MEXICO 1Q EBITDA MXN2.44B, EST. MXN2.38B; 16/04/2018 – Sierra Nevada Brewing Company Taps Kimberly-Clark Professional to Recycle Used Gloves at its California and North Carolina Faci; 21/05/2018 – Kimberly-Clark Names Giusy Buonfantino as Chief Marketing Officer

Adelante Capital Management Llc decreased its stake in Extra Space Storage Inc (EXR) by 5.46% based on its latest 2018Q1 regulatory filing with the SEC. Adelante Capital Management Llc sold 32,694 shares as the company’s stock rose 9.80% while stock markets declined. The hedge fund held 566,384 shares of the real estate investment trusts company at the end of 2018Q1, valued at $49.48 million, down from 599,078 at the end of the previous reported quarter. Adelante Capital Management Llc who had been investing in Extra Space Storage Inc for a number of months, seems to be less bullish one the $12.79 billion market cap company. The stock decreased 0.11% or $0.11 during the last trading session, reaching $97.07. About 236,407 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 20.38% since June 19, 2017 and is uptrending. It has outperformed by 7.81% the S&P500. Some Historical EXR News: 01/05/2018 – Extra Space Storage 1Q Net $88.3M; 01/05/2018 – Extra Space Storage 1Q FFO $1.08/Shr; 24/05/2018 – Extra Space Storage Raises Dividend to 86c; 08/05/2018 – EXTRA SPACE STORAGE INC EXR.N : UBS RAISES TARGET PRICE TO $92 FROM $86; 15/05/2018 – Zurich Insurance Adds Extra Space, Exits Broadcom: 13F; 01/05/2018 – EXTRA SPACE 1Q FFO/SHR AS ADJ $1.09, EST. $1.09; 17/05/2018 – Dir Skousen Gifts 500 Of Extra Space Storage Inc; 21/04/2018 DJ Extra Space Storage Inc, Inst Holders, 1Q 2018 (EXR); 24/05/2018 – EXTRA SPACE STORAGE QTRLY DIVIDEND 86C/SHR VS 78C/SHR; EST. 78C; 01/05/2018 – EXTRA SPACE SEES FY CORE FFO/SHR $4.57 TO $4.66

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on July, 24. They expect $1.62 EPS, up 8.72% or $0.13 from last year’s $1.49 per share. KMB’s profit will be $565.89 million for 15.83 P/E if the $1.62 EPS becomes a reality. After $1.71 actual EPS 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: “Should You Buy Kimberly-Clark? It Depends” on June 10, 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: “Dividend Growth Stocks In A Stealth Bear Market! Kimberly-Clark Corporation: Part 2” with publication date: May 30, 2018 was also an interesting one.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.03, from 0.93 in 2017Q4. It turned negative, 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. Natl Pension Service holds 0.18% or 334,600 shares in its portfolio. 15,413 are held by Tru Of Vermont. Obermeyer Wood Investment Counsel Lllp accumulated 6,594 shares or 0.07% of the stock. Qs Limited Liability Com reported 234,185 shares or 0.26% of all its holdings. Keating Inv Counselors stated it has 2.27% in Kimberly-Clark Corporation (NYSE:KMB). Chemung Canal Communication has 0.06% invested in Kimberly-Clark Corporation (NYSE:KMB) for 2,150 shares. Teacher Retirement Of Texas has invested 0.15% in Kimberly-Clark Corporation (NYSE:KMB). Cibc Asset Mngmt invested in 0.04% or 53,244 shares. Sarasin Partners Llp invested in 0.04% or 20,772 shares. Pennsylvania-based First Savings Bank Of Newtown has invested 0.98% in Kimberly-Clark Corporation (NYSE:KMB). Duncker Streett & Company Inc invested 0.02% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). The Illinois-based Martin Invest Ltd has invested 0.1% in Kimberly-Clark Corporation (NYSE:KMB). Pinebridge Invs Limited Partnership owns 125,830 shares for 0.33% of their portfolio. Coho Prtnrs owns 3,940 shares for 0.01% of their portfolio. Holderness Com holds 6,212 shares.

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. Wells Fargo maintained the stock with “Hold” rating in Thursday, April 19 report. The firm has “Buy” rating by Deutsche Bank given on Thursday, October 22. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, October 25 report. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Sector Perform”. B. Riley & Co maintained the stock with “Neutral” rating in Monday, October 26 report. The rating was initiated by Sterne Agee CRT with “Neutral” on Tuesday, July 21. The stock of Kimberly-Clark Corporation (NYSE:KMB) has “Sell” rating given on Wednesday, January 24 by Citigroup. The stock has “Hold” rating by RBC Capital Markets on Thursday, September 7. Societe Generale upgraded the stock to “Buy” rating in Thursday, November 2 report. The firm earned “Hold” rating on Tuesday, May 30 by Jefferies.

Since January 29, 2018, it had 1 buying transaction, and 3 selling transactions for $2.93 million activity. Another trade for 3,045 shares valued at $321,643 was made by MacQuillan Sandra on Tuesday, May 22. Melucci Jeffrey P. sold $34,970 worth of Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, May 29. 23,158 Kimberly-Clark Corporation (NYSE:KMB) shares with value of $2.77 million were sold by Underhill Kimberly K.

Barnett & Company Inc, which manages about $382.43 million and $195.01M US Long portfolio, upped its stake in Onemain Hldgs Inc by 10,660 shares to 74,180 shares, valued at $2.22 million in 2018Q1, according to the filing. It also increased its holding in Calumet Specialty Prods Ptnr (NASDAQ:CLMT) by 81,900 shares in the quarter, for a total of 209,500 shares, and has risen its stake in Powershares Etf Trust Ii (BKLN).

More news for Extra Space Storage Inc. (NYSE:EXR) were recently published by: Investorplace.com, which released: “3 REITs to Buy in Times of Uncertainty” on June 18, 2018. Bizjournals.com‘s article titled: “Dallas storage company debuts its disruptive model in Phoenix” and published on June 11, 2018 is yet another important article.

Among 16 analysts covering Extra Space Storage Inc. (NYSE:EXR), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. Extra Space Storage Inc. had 57 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Extra Space Storage Inc. (NYSE:EXR) has “Neutral” rating given on Tuesday, May 23 by Cantor Fitzgerald. The rating was downgraded by Jefferies on Tuesday, December 20 to “Hold”. The rating was downgraded by KeyBanc Capital Markets to “Sector Weight” on Monday, September 11. As per Monday, October 16, the company rating was maintained by Robert W. Baird. The firm has “Hold” rating given on Monday, November 27 by Jefferies. The stock of Extra Space Storage Inc. (NYSE:EXR) earned “Hold” rating by RBC Capital Markets on Monday, August 7. The rating was maintained by SunTrust with “Hold” on Wednesday, November 22. The stock of Extra Space Storage Inc. (NYSE:EXR) earned “Hold” rating by Jefferies on Monday, March 5. The firm has “Buy” rating given on Tuesday, November 28 by Robert W. Baird. The stock has “Buy” rating by Jefferies on Wednesday, August 5.

Since January 17, 2018, it had 0 insider buys, and 17 sales for $7.87 million activity. SKOUSEN K FRED sold $209,305 worth of stock or 2,292 shares. 1,700 Extra Space Storage Inc. (NYSE:EXR) shares with value of $155,255 were sold by McNeal Gwyn Goodson. The insider OVERTURF JAMES sold 880 shares worth $77,633. $505,004 worth of Extra Space Storage Inc. (NYSE:EXR) was sold by Sondhi Samrat on Thursday, May 3. 1,436 shares were sold by Olmstead Diane, worth $124,983. Woolley Kenneth M. had sold 2,195 shares worth $189,739.

Adelante Capital Management Llc, which manages about $1.78 billion and $1.69B US Long portfolio, upped its stake in Sunstone Hotel Investors In (NYSE:SHO) by 548,395 shares to 1.56 million shares, valued at $23.80 million in 2018Q1, according to the filing. It also increased its holding in General Growth Properties by 350,199 shares in the quarter, for a total of 1.45M shares, and has risen its stake in Equinix Inc. (NASDAQ:EQIX).

Extra Space Storage Inc. (NYSE:EXR) Institutional Positions Chart

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