Steadfast Capital Management LP Lifted Norfolk Southern (NSC) Position by $44.96 Million; Kimberly Clark (KMB) Shareholder Oakwood Capital Management Decreased Position by $1.68 Million as Share Price Declined

January 12, 2018 - By Winifred Garcia

Robert Pitts increased its stake in Norfolk Southern Corp (NSC) by 52.85% based on its latest 2017Q3 regulatory filing with the SEC. Steadfast Capital Management Lp bought 340,621 shares as the company’s stock declined 7.75% while stock markets rallied. The hedge fund run by Robert Pitts held 985,119 shares of the railroads company at the end of 2017Q3, valued at $130.27 million, up from 644,498 at the end of the previous reported quarter. Steadfast Capital Management Lp who had been investing in Norfolk Southern Corp for a number of months, seems to be bullish on the $44.17B market cap company. The stock increased 0.21% or $0.32 during the last trading session, reaching $154.35. About 1.62 million shares traded or 11.57% up from the average. Norfolk Southern Corporation (NYSE:NSC) has risen 34.32% since January 12, 2017 and is uptrending. It has outperformed by 17.62% the S&P500.

Oakwood Capital Management Llc decreased its stake in Kimberly Clark (KMB) by 34.16% based on its latest 2017Q3 regulatory filing with the SEC. Oakwood Capital Management Llc sold 14,364 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 27,686 shares of the containers and packaging company at the end of 2017Q3, valued at $3.26M, down from 42,050 at the end of the previous reported quarter. Oakwood Capital Management Llc who had been investing in Kimberly Clark for a number of months, seems to be less bullish one the $39.74 billion market cap company. The stock increased 0.24% or $0.27 during the last trading session, reaching $112.97. About 3.04M shares traded or 41.69% up from the average. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since January 12, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

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. Jensen Invest Mgmt owns 4,510 shares or 0.01% of their US portfolio. Strs Ohio holds 0.1% or 197,277 shares in its portfolio. The New York-based Hudson Valley Invest Adv has invested 0.11% in Kimberly-Clark Corporation (NYSE:KMB). Texas Permanent School Fund holds 97,911 shares. Somerville Kurt F has invested 0.05% in Kimberly-Clark Corporation (NYSE:KMB). Miles Cap invested in 7,189 shares. Meristem Limited Liability Partnership has invested 0.17% in Kimberly-Clark Corporation (NYSE:KMB). First Allied Advisory invested 0.08% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Connecticut-based Tudor Et Al has invested 0.03% in Kimberly-Clark Corporation (NYSE:KMB). Waters Parkerson & Ltd has invested 0.2% in Kimberly-Clark Corporation (NYSE:KMB). Moreover, Bnp Paribas Asset Mngmt Holding Sa has 0.15% invested in Kimberly-Clark Corporation (NYSE:KMB) for 150,586 shares. Dowling & Yahnke Limited Com invested 0.34% in Kimberly-Clark Corporation (NYSE:KMB). Dearborn Prtnrs Limited Liability Company invested 1.58% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Hl Fincl Serv Lc invested 0.08% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). 5,826 are owned by Lyons Wealth Management Limited Liability Corp.

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on January, 23. They expect $1.55 earnings per share, up 6.90% or $0.10 from last year’s $1.45 per share. KMB’s profit will be $545.22M for 18.22 P/E if the $1.55 EPS becomes a reality. After $1.60 actual earnings per share reported by Kimberly-Clark Corporation for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.

Oakwood Capital Management Llc, which manages about $705.78M and $428.34 million US Long portfolio, upped its stake in Dfa Tax Mgd Us Targeted Value (DTMVX) by 9,166 shares to 43,230 shares, valued at $1.62 million in 2017Q3, according to the filing. It also increased its holding in Dfa Enhanced Us Lrg Co Port by 48,339 shares in the quarter, for a total of 518,698 shares, and has risen its stake in Dfa Emerging Mkts Port Fd.

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Kimberly-Clark had 56 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs maintained the shares of KMB in report on Tuesday, October 25 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, October 25 by UBS. The firm has “Neutral” rating by Bank of America given on Tuesday, October 24. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, October 25. RBC Capital Markets maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Friday, March 24. RBC Capital Markets has “Hold” rating and $121 target. Deutsche Bank maintained Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, October 25 with “Hold” rating. The company was maintained on Thursday, September 7 by RBC Capital Markets. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Sell” rating by UBS on Wednesday, July 12. The stock of Kimberly-Clark Corporation (NYSE:KMB) has “Neutral” rating given on Wednesday, July 26 by UBS. B. Riley & Co maintained Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, October 25 with “Neutral” rating.

Investors sentiment decreased to 0.83 in Q3 2017. Its down 0.04, from 0.87 in 2017Q2. It dived, as 44 investors sold NSC shares while 341 reduced holdings. 79 funds opened positions while 239 raised stakes. 201.79 million shares or 1.34% more from 199.13 million shares in 2017Q2 were reported. Highstreet Asset Mgmt reported 10,815 shares. Winfield Associates Incorporated accumulated 395 shares. 3,492 were reported by Archford Cap Strategies Ltd Liability Company. Monroe Bank Mi stated it has 4,290 shares. Goelzer Inv Mgmt Incorporated stated it has 0.1% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Johnson Fin Group Inc has invested 0.03% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). 2,729 are owned by Rothschild Cap Prns Limited Liability. Tudor Investment Et Al invested 0.24% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Kcm Investment Advisors Ltd Liability has invested 0.02% in Norfolk Southern Corporation (NYSE:NSC). Marshwinds Advisory Co accumulated 0.27% or 4,400 shares. Signaturefd Ltd Company holds 0.04% or 2,499 shares in its portfolio. Blb&B Advsr Ltd Limited Liability Company reported 4,900 shares. Loring Wolcott And Coolidge Fiduciary Limited Liability Partnership Ma accumulated 0.06% or 22,447 shares. Bollard Group Limited Liability Company holds 3,261 shares or 0.02% of its portfolio. Massachusetts-based Boston Private Wealth Lc has invested 0.06% in Norfolk Southern Corporation (NYSE:NSC).

Since August 15, 2017, it had 0 insider buys, and 4 selling transactions for $3.72 million activity. $35,640 worth of Norfolk Southern Corporation (NYSE:NSC) was sold by Hurlbut Thomas E. Squires James A sold $2.93 million worth of stock or 24,407 shares.

Steadfast Capital Management Lp, which manages about $8.17 billion and $6.46 billion US Long portfolio, decreased its stake in Advance Auto Parts Inc (NYSE:AAP) by 169,852 shares to 695,518 shares, valued at $69.00 million in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr (Call) (TLT) by 1.07 million shares in the quarter, leaving it with 500,000 shares, and cut its stake in Visa Inc (NYSE:V).

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