Kimberly-Clark (KMB) Forms $114.45 Double Bottom; Argent Capital Management Has Cut Wynn Resorts LTD (WYNN) Holding By $4.00 Million

February 21, 2018 - By Michael Collier

Argent Capital Management Llc decreased Wynn Resorts Ltd. (WYNN) stake by 5.24% reported in 2017Q3 SEC filing. Argent Capital Management Llc sold 27,006 shares as Wynn Resorts Ltd. (WYNN)’s stock rose 26.92%. The Argent Capital Management Llc holds 488,179 shares with $72.70 million value, down from 515,185 last quarter. Wynn Resorts Ltd. now has $16.95B valuation. The stock increased 0.39% or $0.64 during the last trading session, reaching $164.92. About 1.92 million shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since February 21, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Kimberly-Clark Corporation (KMB) formed double bottom with $106.44 target or 7.00% below today’s $114.45 share price. Kimberly-Clark Corporation (KMB) has $40.14 billion valuation. The stock decreased 1.42% or $1.65 during the last trading session, reaching $114.45. About 1.85 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since February 21, 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 had 58 analyst reports since July 21, 2015 according to SRatingsIntel. B. Riley & Co maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Tuesday, October 25. B. Riley & Co has “Neutral” rating and $128 target. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Neutral” rating by Citigroup on Friday, August 11. RBC Capital Markets maintained the stock with “Hold” rating in Friday, May 26 report. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Sell” rating by Citigroup on Monday, December 11. On Friday, August 21 the stock rating was initiated by Societe Generale with “Hold”. The firm has “Hold” rating by Zacks given on Thursday, September 17. The firm has “Neutral” rating by UBS given on Wednesday, July 26. The firm earned “Overweight” rating on Monday, March 21 by Barclays Capital. RBC Capital Markets maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $12100 target. The stock of Kimberly-Clark Corporation (NYSE:KMB) has “Hold” rating given on Tuesday, October 25 by Deutsche Bank.

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on April, 23. They expect $1.70 earnings per share, up 8.28% or $0.13 from last year’s $1.57 per share. KMB’s profit will be $596.20M for 16.83 P/E if the $1.70 EPS becomes a reality. After $1.57 actual earnings per share reported by Kimberly-Clark Corporation for the previous quarter, Wall Street now forecasts 8.28% EPS growth.

Since January 29, 2018, it had 0 insider buys, and 1 insider sale for $2.77 million activity. The insider Underhill Kimberly K sold 23,158 shares worth $2.77M.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.01, from 0.97 in 2017Q2. It dived, as 64 investors sold Kimberly-Clark Corporation 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. Moreover, Chemical Comml Bank has 0.23% invested in Kimberly-Clark Corporation (NYSE:KMB). Convergence Invest Partners Ltd invested in 0.17% or 10,104 shares. Kemnay Advisory Svcs Inc stated it has 450 shares. Kelly Lawrence W And Associates Ca owns 1,100 shares. Pax World Mngmt Ltd Llc owns 2,984 shares. Legacy Private Tru invested in 4.45% or 310,414 shares. Covenant Multifamily Offices Ltd Liability Corp reported 13,535 shares stake. 23,432 are owned by Visionary Asset Mngmt. Piedmont Invest Advsr Ltd Llc has 76,409 shares. Susquehanna Intll Group Ltd Liability Partnership holds 79,077 shares. Zeke Advisors Ltd Liability Corporation stated it has 0.09% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Blue Finance Cap accumulated 2,005 shares. Dynamic Cap Mgmt has 3,190 shares for 0.11% of their portfolio. Veritable Lp has invested 0.07% in Kimberly-Clark Corporation (NYSE:KMB). Comerica Securities holds 0.09% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB) for 5,780 shares.

Since September 15, 2017, it had 0 buys, and 2 insider sales for $9.23 million activity. Shares for $3.08 million were sold by Sinatra Kimmarie. Another trade for 42,900 shares valued at $6.15 million was made by MADDOX MATT on Friday, September 15.

Among 29 analysts covering Wynn Resorts (NASDAQ:WYNN), 15 have Buy rating, 1 Sell and 13 Hold. Therefore 52% are positive. Wynn Resorts had 83 analyst reports since July 31, 2015 according to SRatingsIntel. As per Wednesday, February 7, the company rating was upgraded by JP Morgan. Roth Capital downgraded Wynn Resorts, Limited (NASDAQ:WYNN) on Wednesday, February 7 to “Hold” rating. As per Thursday, February 8, the company rating was upgraded by Susquehanna. Telsey Advisory Group maintained it with “Outperform” rating and $105 target in Thursday, November 3 report. Telsey Advisory Group maintained it with “Outperform” rating and $115 target in Friday, July 29 report. On Wednesday, July 26 the stock rating was downgraded by Telsey Advisory Group to “Market Perform”. Goldman Sachs maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Friday, April 1 with “Buy” rating. CLSA downgraded Wynn Resorts, Limited (NASDAQ:WYNN) rating on Friday, April 29. CLSA has “Outperform” rating and $97 target. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, November 3. JP Morgan downgraded it to “Neutral” rating and $94 target in Thursday, July 14 report.

Argent Capital Management Llc increased Us Concrete Inc. (NASDAQ:USCR) stake by 11,800 shares to 42,075 valued at $3.21 million in 2017Q3. It also upped The Boeing Company (NYSE:BA) stake by 8,879 shares and now owns 68,777 shares. Emerson Electric Co. (NYSE:EMR) was raised too.

Analysts await Wynn Resorts, Limited (NASDAQ:WYNN) to report earnings on April, 24. They expect $1.77 earnings per share, up 42.74% or $0.53 from last year’s $1.24 per share. WYNN’s profit will be $181.93 million for 23.29 P/E if the $1.77 EPS becomes a reality. After $1.40 actual earnings per share reported by Wynn Resorts, Limited for the previous quarter, Wall Street now forecasts 26.43% EPS growth.

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