Deutsche Bank Downgraded Kimberly Clark Corp (KMB)


Kimberly Clark Corp (NYSE:KMB) was downgraded by analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a research report issued on Monday, StockTargetPrices.com reports.

Other hedge funds have made changes to their positions in the company. Reynolds Capital Management acquired a new stake in shares of Kimberly Clark Corp during the fourth quarter valued at $255,000. Bridges Investment Management acquired a new stake in shares of Kimberly Clark Corp during the fourth quarter valued at $264,000. Armstrong Henry H Associates Inc. increased its stake in shares of Kimberly Clark Corp by 6.7% in the fourth quarter. Armstrong Henry H Associates Inc. now owns 2,398 shares of the company’s stock valued at $305,000 after buying an additional 150 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd acquired a new stake in shares of Kimberly Clark Corp during the first quarter valued at $363,000. Finally, Campbell Newman Asset Management increased its stake in shares of Kimberly Clark Corp by 7.5% in the fourth quarter. Campbell Newman Asset Management now owns 3,333 shares of the company’s stock valued at $425,000 after buying an additional 233 shares during the last quarter.

Source: American Banking and Market News 

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