Secureworks (SCWX) Reaches $10.88 After 8.00% Down Move, Wealthtrust Fairport Decreased Its Kimberly Clark (KMB) Stake

May 31, 2017 - By wolcottdaily

The stock of Secureworks Corp (NASDAQ:SCWX) is a huge mover today! The stock decreased 3.97% or $0.45 on May 31, reaching $10.88. About 52,571 shares traded. Secureworks Corp (NASDAQ:SCWX) has declined 20.57% since May 31, 2016 and is downtrending. It has underperformed by 37.27% the S&P500.The move comes after 8 months negative chart setup for the $920.26M company. It was reported on May, 31 by Barchart.com. We have $10.01 PT which if reached, will make NASDAQ:SCWX worth $73.62M less.

Wealthtrust Fairport Llc decreased Kimberly Clark Corp (KMB) stake by 35.68% reported in 2016Q4 SEC filing. Wealthtrust Fairport Llc sold 17,171 shares as Kimberly Clark Corp (KMB)’s stock declined 3.59%. The Wealthtrust Fairport Llc holds 30,956 shares with $3.53M value, down from 48,127 last quarter. Kimberly Clark Corp now has $45.85B valuation. The stock increased 0.54% or $0.69 during the last trading session, reaching $129.73. About 5.13M shares traded or 177.30% up from the average. Kimberly Clark Corp (NYSE:KMB) has risen 0.32% since May 31, 2016 and is uptrending. It has underperformed by 16.38% the S&P500.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.08, from 0.91 in 2016Q3. It worsened, as 75 investors sold KMB shares while 457 reduced holdings. 99 funds opened positions while 342 raised stakes. 238.90 million shares or 0.38% more from 237.99 million shares in 2016Q3 were reported. Central National Bank holds 0.08% or 2,596 shares in its portfolio. Opus Investment Mngmt Inc reported 45,000 shares. Conestoga Capital Advisors Limited invested 0.03% of its portfolio in Kimberly Clark Corp (NYSE:KMB). Strategic Ltd Liability Com owns 0.11% invested in Kimberly Clark Corp (NYSE:KMB) for 2,667 shares. Greatmark Invest Partners Inc owns 1,773 shares for 0.08% of their portfolio. U S Glob holds 1.01% or 21,000 shares. Henderson Gru Public Ltd Com accumulated 46,409 shares. Midwest Mngmt Llc has 1,950 shares for 0.19% of their portfolio. Centre Asset Mngmt Ltd Co has 59,120 shares. Ameritas Investment Partners Inc has invested 0.05% in Kimberly Clark Corp (NYSE:KMB). Cubic Asset Management Ltd Company invested in 39,150 shares. 35 were reported by Tradewinds Capital Management Ltd Liability Corporation. Moreover, Williams Jones And Assocs Limited Liability Com has 0.03% invested in Kimberly Clark Corp (NYSE:KMB). Bontempo Ohly Mgmt Limited invested in 1.28% or 13,722 shares. Raymond James & Associate owns 1.32M shares or 0.38% of their US portfolio.

Wealthtrust Fairport Llc increased Select Sector Spdr Tr (XLI) stake by 5,192 shares to 162,862 valued at $10.13M in 2016Q4. It also upped Vanguard World Fds (VGT) stake by 2,603 shares and now owns 119,211 shares. Fidelity Natl Information Sv (NYSE:FIS) was raised too.

Among 15 analysts covering Kimberly-Clark (NYSE:KMB), 1 have Buy rating, 2 Sell and 12 Hold. Therefore 7% are positive. Kimberly-Clark had 31 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, October 22 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Goldman Sachs upgraded the shares of KMB in report on Monday, December 14 to “Buy” rating. The rating was maintained by Deutsche Bank on Thursday, October 22 with “Buy”. The stock of Kimberly Clark Corp (NYSE:KMB) earned “Hold” rating by RBC Capital Markets on Friday, May 26. The firm has “Neutral” rating by B. Riley & Co given on Tuesday, October 25. On Wednesday, April 26 the stock rating was upgraded by RBC Capital Markets to “Sector Perform”. Citigroup maintained the shares of KMB in report on Wednesday, July 27 with “Neutral” rating. Zacks downgraded the stock to “Hold” rating in Thursday, September 17 report. Sterne Agee CRT initiated Kimberly Clark Corp (NYSE:KMB) on Tuesday, July 21 with “Neutral” rating. Barclays Capital maintained Kimberly Clark Corp (NYSE:KMB) on Monday, March 21 with “Overweight” rating.

Analysts await Kimberly Clark Corp (NYSE:KMB) to report earnings on July, 25 before the open. They expect $1.51 EPS, down 1.31% or $0.02 from last year’s $1.53 per share. KMB’s profit will be $533.67M for 21.48 P/E if the $1.51 EPS becomes a reality. After $1.57 actual EPS reported by Kimberly Clark Corp for the previous quarter, Wall Street now forecasts -3.82% negative EPS growth.

Since February 1, 2017, it had 0 insider buys, and 8 selling transactions for $23.24 million activity. Underhill Kimberly K had sold 21,740 shares worth $2.87 million on Tuesday, February 21. Cruz Sergio sold $1.45 million worth of Kimberly Clark Corp (NYSE:KMB) on Thursday, February 23. MacQuillan Sandra had sold 5,081 shares worth $659,615. The insider Mielke Thomas J. sold $2.58M. On Friday, February 17 PALMER ANTHONY J. sold $4.78M worth of Kimberly Clark Corp (NYSE:KMB) or 36,320 shares. Another trade for 60,964 shares valued at $8.02 million was sold by FALK THOMAS J.