As Walmart INC (WMT) Shares Declined, Shareholder Fisher Asset Management LLC Upped Holding

August 19, 2018 - By Matthew Richard

Walmart Inc. (NYSE:WMT) LogoInvestors sentiment decreased to 0.88 in 2018 Q1. Its down 0.11, from 0.99 in 2017Q4. It is negative, as 100 investors sold WMT shares while 555 reduced holdings. 128 funds opened positions while 451 raised stakes. 856.22 million shares or 1.10% less from 865.70 million shares in 2017Q4 were reported. Mackenzie Financial invested 0.14% in Walmart Inc. (NYSE:WMT). Catawba Va stated it has 0.06% in Walmart Inc. (NYSE:WMT). 49,151 were accumulated by Cypress Cap Group. Supplemental Annuity Collective Trust Of Nj invested in 15,000 shares or 0.58% of the stock. Comml Bank Of The Ozarks invested in 0.89% or 25,150 shares. 1,590 were accumulated by Endurance Wealth Mgmt. First Interstate Bank holds 63,662 shares. Alps Advsr holds 0.02% of its portfolio in Walmart Inc. (NYSE:WMT) for 21,529 shares. Commonwealth National Bank & Trust Of Australia reported 0.55% of its portfolio in Walmart Inc. (NYSE:WMT). D Scott Neal invested 0.05% in Walmart Inc. (NYSE:WMT). Truepoint Inc has invested 0% in Walmart Inc. (NYSE:WMT). Japan-based Fukoku Mutual Life Insur Commerce has invested 0.07% in Walmart Inc. (NYSE:WMT). Meiji Yasuda Asset Mngmt Com accumulated 75,089 shares. Amica Pension Fund Board Of Trustees invested in 0.52% or 42,677 shares. Pzena Investment Mgmt Llc invested 1.75% of its portfolio in Walmart Inc. (NYSE:WMT).

Since June 5, 2018, it had 0 buys, and 20 sales for $1.50 billion activity. On Monday, June 11 WALTON S ROBSON sold $92.97 million worth of Walmart Inc. (NYSE:WMT) or 1.11M shares. 1.19 million shares were sold by WALTON JIM C, worth $100.75M on Tuesday, June 5. On Wednesday, June 6 Canney Jacqueline P sold $676,503 worth of Walmart Inc. (NYSE:WMT) or 8,005 shares. Shares for $1.57M were sold by Furner John R. on Wednesday, June 6. The insider Chojnowski David sold 5,442 shares worth $464,176.

Fisher Asset Management Llc increased its stake in Walmart Inc (WMT) by 5.56% based on its latest 2018Q1 regulatory filing with the SEC. Fisher Asset Management Llc bought 484,188 shares as the company’s stock declined 11.45% with the market. The hedge fund held 9.19 million shares of the consumer services company at the end of 2018Q1, valued at $817.74M, up from 8.71M at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Walmart Inc for a number of months, seems to be bullish on the $288.74 billion market cap company. The stock decreased 0.80% or $0.79 during the last trading session, reaching $97.85. About 16.46M shares traded or 108.93% up from the average. Walmart Inc. (NYSE:WMT) has risen 5.30% since August 19, 2017 and is uptrending. It has underperformed by 7.27% the S&P500.

Fisher Asset Management Llc, which manages about $75.40 billion US Long portfolio, decreased its stake in Msc Indl Direct Inc (NYSE:MSM) by 139,429 shares to 457,350 shares, valued at $41.94 million in 2018Q1, according to the filing. It also reduced its holding in Webster Finl Corp Conn (NYSE:WBS) by 507,066 shares in the quarter, leaving it with 1.27 million shares, and cut its stake in Glacier Bancorp Inc New (NASDAQ:GBCI).

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Seekingalpha.com which released: “Walmart Not Out Of The Woods” on August 17, 2018, also Seekingalpha.com with their article: “Wal-Mart – McMillan Making Right Moves, Now Margins” published on August 19, 2018, Seekingalpha.com published: “Walmart Vs. Amazon: Who’s Scared Now?” on August 19, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Fool.com and their article: “Walmart’s Big Bets are Paying Off” published on August 18, 2018 as well as 247Wallst.com‘s news article titled: “As Amazon and Walmart Battle, Kroger Gets Stronger” with publication date: August 18, 2018.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Among 18 analysts covering Walmart (NYSE:WMT), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Walmart had 23 analyst reports since February 21, 2018 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, August 17 with “Buy”. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Tuesday, May 1 by Credit Suisse. The stock of Walmart Inc. (NYSE:WMT) earned “Equal-Weight” rating by Morgan Stanley on Friday, August 17. The company was maintained on Friday, August 17 by Credit Suisse. The firm has “Buy” rating given on Thursday, April 19 by Argus Research. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, February 26. On Friday, August 17 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Oppenheimer downgraded the shares of WMT in report on Friday, March 2 to “Perform” rating. The rating was maintained by UBS with “Neutral” on Wednesday, February 21. Stifel Nicolaus maintained it with “Hold” rating and $99.0 target in Wednesday, February 21 report.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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