Patriot Wealth Management INC Lifted Its Walmart INC Com (WMT) Position by $6.55 Million

September 16, 2018 - By Paula Hilliard

Walmart Inc. (NYSE:WMT) LogoInvestors sentiment increased to 1.13 in Q2 2018. Its up 0.25, from 0.88 in 2018Q1. It improved, 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. Franklin Res accumulated 3.90 million shares or 0.17% of the stock. 186,873 are owned by Palladium Ptnrs Lc. Moreover, Tompkins Fincl has 0.17% invested in Walmart Inc. (NYSE:WMT). Df Dent reported 4,366 shares or 0.01% of all its holdings. Garrison Financial Corporation reported 2,806 shares. Bingham Osborn Scarborough holds 0.03% or 3,848 shares in its portfolio. 22,405 were accumulated by Diligent Invsts Limited. Essex Fincl, Connecticut-based fund reported 10,210 shares. Rockland Com holds 155,619 shares or 1.72% of its portfolio. 107,143 are held by Patriot Wealth Mngmt Inc. Foundation Resources Management accumulated 0.08% or 4,529 shares. Geode Capital Ltd Liability Company has invested 0.44% of its portfolio in Walmart Inc. (NYSE:WMT). Anchor Capital Advisors Limited Liability Co has invested 0.49% in Walmart Inc. (NYSE:WMT). Bnp Paribas Asset Mngmt Holding stated it has 36,024 shares or 0.03% of all its holdings. 2.64M were reported by Hsbc Holdings Public Limited Liability Corp.

Since June 5, 2018, it had 0 buys, and 36 sales for $2.63 billion activity. WALTON ALICE L also sold $100.75 million worth of Walmart Inc. (NYSE:WMT) on Tuesday, June 5. 1.28M shares were sold by WALTON S ROBSON, worth $121.47M. 8,005 shares were sold by Canney Jacqueline P, worth $676,503. McKenna Judith J had sold 12,111 shares worth $1.17M. 18,500 shares valued at $1.57 million were sold by Furner John R. on Wednesday, June 6. $277,497 worth of Walmart Inc. (NYSE:WMT) was sold by Bartlett Daniel J on Monday, August 20.

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 $9.18M, 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 $277.03 billion market cap company. The stock decreased 0.56% or $0.53 during the last trading session, reaching $94.59. About 6.32 million shares traded. Walmart Inc. (NYSE:WMT) has risen 20.55% since September 16, 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: “Don’t Buy Walmart” on August 28, 2018, also 247Wallst.com with their article: “Walmart Is Latest to Get Into Grocery Delivery Business” published on September 06, 2018, Seekingalpha.com published: “Walmart acquires Cornershop” on September 13, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Fool.com and their article: “Kroger Loses a Step Against Walmart” published on September 15, 2018 as well as Seekingalpha.com‘s news article titled: “Walmart Vs. Amazon: Who’s Scared Now?” with publication date: August 19, 2018.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Among 13 analysts covering Walmart (NYSE:WMT), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Walmart had 15 analyst reports since April 19, 2018 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Friday, August 17 report. The stock of Walmart Inc. (NYSE:WMT) earned “Hold” rating by Credit Suisse on Tuesday, May 1. Bank of America maintained Walmart Inc. (NYSE:WMT) on Thursday, May 17 with “Buy” rating. The stock has “Buy” rating by Citigroup on Friday, August 17. The stock of Walmart Inc. (NYSE:WMT) earned “Buy” rating by Argus Research on Thursday, April 19. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, August 17. Credit Suisse maintained Walmart Inc. (NYSE:WMT) rating on Friday, August 17. Credit Suisse has “Neutral” rating and $103 target. Argus Research maintained Walmart Inc. (NYSE:WMT) rating on Friday, August 17. Argus Research has “Buy” rating and $112 target. Gordon Haskett downgraded Walmart Inc. (NYSE:WMT) on Thursday, May 17 to “Accumulate” rating. The firm has “Overweight” rating given on Friday, August 17 by KeyBanc Capital Markets.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: