As Walmart INC Com (WMT) Share Price Rose, Holder Patriot Wealth Management INC Has Raised Its Position

November 10, 2018 - By Paula Hilliard

Walmart Inc. (NYSE:WMT) LogoInvestors sentiment increased to 1.13 in 2018 Q2. Its up 0.25, from 0.88 in 2018Q1. It is positive, as 60 investors sold WMT shares while 484 reduced holdings. 116 funds opened positions while 501 raised stakes. 839.67 million shares or 1.93% less from 856.22 million shares in 2018Q1 were reported. Principal Fincl Gru holds 2.59 million shares or 0.2% of its portfolio. South State Corp holds 0.4% or 41,054 shares in its portfolio. Hussman Strategic Incorporated owns 25,950 shares for 0.6% of their portfolio. Laurion Capital Mngmt Lp holds 0.03% of its portfolio in Walmart Inc. (NYSE:WMT) for 40,599 shares. Company Fincl Bank invested in 0.31% or 281,336 shares. Homrich Berg reported 6,104 shares or 0.04% of all its holdings. Jupiter Asset Mngmt Limited owns 118,737 shares. United Capital Financial Advisers Llc holds 0.2% or 319,096 shares in its portfolio. Livingston Gru Asset Mngmt (Operating As Southport Capital Management) reported 3,573 shares. Citadel Advsr Lc holds 895,178 shares or 0.04% of its portfolio. 30,078 are owned by Grassi Investment Mgmt. Choate Invest reported 15,362 shares stake. Endurance Wealth Management accumulated 1,590 shares. Two Sigma Securities Ltd Limited Liability Company accumulated 10,164 shares. Pettyjohn Wood And White holds 1.16% or 38,885 shares.

Since June 5, 2018, it had 0 buys, and 45 selling transactions for $3.25 billion activity. $1.57M worth of Walmart Inc. (NYSE:WMT) shares were sold by Furner John R.. $50.60M worth of Walmart Inc. (NYSE:WMT) was sold by WALTON JIM C on Thursday, September 13. On Wednesday, June 13 the insider WALTON S ROBSON sold $109.92M. 2,883 Walmart Inc. (NYSE:WMT) shares with value of $277,497 were sold by Bartlett Daniel J. Canney Jacqueline P also sold $676,503 worth of Walmart Inc. (NYSE:WMT) shares. 12,111 Walmart Inc. (NYSE:WMT) shares with value of $1.17 million were sold by McKenna Judith J.

Patriot Wealth Management Inc increased its stake in Walmart Inc Com (WMT) by 255.73% based on its latest 2018Q2 regulatory filing with the SEC. Patriot Wealth Management Inc bought 77,024 shares as the company’s stock rose 14.13% with the market. The institutional investor held 107,143 shares of the consumer services company at the end of 2018Q2, valued at $9.18 million, up from 30,119 at the end of the previous reported quarter. Patriot Wealth Management Inc who had been investing in Walmart Inc Com for a number of months, seems to be bullish on the $309.16 billion market cap company. The stock increased 0.65% or $0.68 during the last trading session, reaching $105.56. About 8.45 million shares traded. Walmart Inc. (NYSE:WMT) has risen 20.55% since November 10, 2017 and is uptrending. It has outperformed by 4.93% the S&P500.

Patriot Wealth Management Inc, which manages about $1.25 billion and $728.23M US Long portfolio, decreased its stake in Procter And Gamble Co Com (NYSE:PG) by 58,699 shares to 3,367 shares, valued at $263,000 in 2018Q2, according to the filing.

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Seekingalpha.com which released: “How Have 2019 S&P 500 Earnings Growth Estimates Changed?” on November 10, 2018, also Seekingalpha.com with their article: “Walmart to buy online intimates retailer Bare Necessities” published on October 12, 2018, Fool.com published: “Why Target Stock Is Up 31% in 2018” on November 10, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Seekingalpha.com and their article: “Walmart: How Long Until They Top Previous Earnings Highs?” published on October 30, 2018 as well as Benzinga.com‘s news article titled: “Walmart Trims 2019 Guidance, Moody’s Analyst Calls Stock Undervalued” with publication date: October 16, 2018.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Among 14 analysts covering Walmart (NYSE:WMT), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Walmart had 16 analyst reports since May 17, 2018 according to SRatingsIntel. The stock of Walmart Inc. (NYSE:WMT) earned “Neutral” rating by JP Morgan on Monday, October 8. As per Friday, August 17, the company rating was maintained by Morgan Stanley. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, August 17. Deutsche Bank upgraded it to “Buy” rating and $113 target in Tuesday, October 9 report. On Thursday, October 11 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock has “Neutral” rating by Goldman Sachs on Friday, September 14. The company was maintained on Friday, August 17 by Credit Suisse. The stock has “Buy” rating by Argus Research on Friday, August 17. The firm has “Accumulate” rating given on Thursday, May 17 by Gordon Haskett. The stock of Walmart Inc. (NYSE:WMT) has “Buy” rating given on Friday, August 17 by Citigroup.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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