Walmart INC (WMT) Shareholder Fisher Asset Management LLC Increased Stake

August 19, 2018 - By Jason Dias

Walmart Inc. (NYSE:WMT) LogoInvestors sentiment decreased to 0.88 in Q1 2018. Its down 0.11, from 0.99 in 2017Q4. It turned 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. Verity Asset Mgmt invested in 0.22% or 2,695 shares. Endurance Wealth Management Inc has 1,590 shares. Interocean Capital Ltd Liability Company, Illinois-based fund reported 252,083 shares. Jacobs Levy Equity Management has invested 0.24% in Walmart Inc. (NYSE:WMT). Cullen Frost Bankers owns 106,630 shares or 0.28% of their US portfolio. Adage Capital Group Incorporated Ltd Llc reported 0.41% of its portfolio in Walmart Inc. (NYSE:WMT). Putnam Fl Invest Management Company reported 0.25% stake. Folger Nolan Fleming Douglas Capital Mgmt holds 0.04% or 3,027 shares in its portfolio. The New York-based Solaris Asset Management Lc has invested 0.7% in Walmart Inc. (NYSE:WMT). Fincl Bank Of America Corp De holds 16.93 million shares. Rand Wealth Limited Liability Com accumulated 2,621 shares or 0.03% of the stock. 5.37M are held by Parametric Port Associates Limited Liability Corporation. Gardner Russo And Gardner Ltd holds 0% or 5,350 shares. Northwest Inv Counselors Limited Liability invested in 0.96% or 25,783 shares. Kcm Inv Advisors Ltd Liability owns 20,650 shares or 0.11% of their US portfolio.

Since June 5, 2018, it had 0 insider purchases, and 20 sales for $1.50 billion activity. WALTON ALICE L sold 1.31 million shares worth $109.92 million. WALTON JIM C sold $127.23 million worth of Walmart Inc. (NYSE:WMT) on Thursday, June 7. 5,442 shares were sold by Chojnowski David, worth $464,176 on Thursday, June 7. $676,503 worth of Walmart Inc. (NYSE:WMT) was sold by Canney Jacqueline P on Wednesday, June 6. Furner John R. had sold 18,500 shares worth $1.57 million on Wednesday, June 6.

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 9.19M 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 $288.74B 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 $75.40B US Long portfolio, decreased its stake in Hill Rom Hldgs Inc (NYSE:HRC) by 76,807 shares to 1.42 million shares, valued at $123.20M in 2018Q1, according to the filing. It also reduced its holding in Stifel Finl Corp (NYSE:SF) by 61,336 shares in the quarter, leaving it with 1.98M shares, and cut its stake in Cemex Sab De Cv Adr (NYSE:CX).

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Fool.com which released: “Walmart’s Big Bets are Paying Off” on August 18, 2018, also 247Wallst.com with their article: “As Amazon and Walmart Battle, Kroger Gets Stronger” published on August 18, 2018, Seekingalpha.com published: “Walmart Not Out Of The Woods” on August 17, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Seekingalpha.com and their article: “Walmart closes on Flipkart investment” published on August 18, 2018 as well as Seekingalpha.com‘s news article titled: “Walmart’s Q2 Earnings – Short Squeeze” with publication date: August 16, 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 stock of Walmart Inc. (NYSE:WMT) earned “Accumulate” rating by Gordon Haskett on Thursday, May 17. The rating was maintained by KeyBanc Capital Markets on Friday, August 17 with “Overweight”. The stock of Walmart Inc. (NYSE:WMT) earned “Market Perform” rating by BMO Capital Markets on Friday, February 23. Morgan Stanley maintained the shares of WMT in report on Friday, August 17 with “Equal-Weight” rating. UBS maintained the stock with “Neutral” rating in Friday, August 17 report. On Friday, August 17 the stock rating was downgraded by Raymond James to “Outperform”. The company was downgraded on Friday, March 2 by Oppenheimer. The stock of Walmart Inc. (NYSE:WMT) earned “Neutral” rating by UBS on Wednesday, February 21. Argus Research maintained Walmart Inc. (NYSE:WMT) rating on Friday, August 17. Argus Research has “Buy” rating and $112 target. As per Friday, August 17, the company rating was maintained by Deutsche Bank.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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