Bowling Portfolio Management LLC Trims Holdings in Walmart Inc (WMT)

Joanna Estrada
March 13, 2018

Dorsey & Whitney Trust Company Llc sold 3,882 shares as Wal Mart Stores Inc (WMT)'s stock rose 13.55%. Wal Mart Stores Inc now has $263.36B valuation. The stock increased 1.42% or $1.1 during the last trading session, reaching $78.61. About 301,104 shares traded.

Shares of Walmart Inc (NYSE WMT) opened at $88.72 on Friday. It has underperformed by 2.87% the S&P500.

Mariner Wealth Advisors Llc decreased Williams Cos Inc Del (WMB) stake by 3.1% reported in 2017Q3 SEC filing. Numeric Investors LLC now owns 1,179,674 shares of the retailer's stock worth $89,278,000 after buying an additional 280,430 shares in the last quarter. About 9.75M shares traded. Wal now has $264.33B valuation. The stock increased 1.80% or $1.7 during the last trading session, reaching $96.03. About 62,543 shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since March 12, 2017 and is uptrending. Therefore 11% are positive.

Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world.

More notable recent Walmart Inc. (NYSE:WMT) for 50,218 shares. The rating was maintained by Jefferies on Wednesday, December 13 with "Buy". The Illinois-based Tru Department Mb Bankshares N A has invested 0.01% in Walmart Inc. Oppenheimer maintained the stock with "Buy" rating in Thursday, August 17 report. The firm has "Neutral" rating by Goldman Sachs given on Thursday, August 18. (NYSE:WMT) on Monday, May 16 with "Hold" rating. (NASDAQ:NTES) earned "Hold" rating by Barclays Capital on Wednesday, October 4. Susquehanna initiated Walmart Inc. (NYSE:WMT) rating on Monday, February 26. The rating was downgraded by S&P Research on Thursday, October 15 to "Hold". The company was maintained on Friday, June 9 by Credit Suisse. The firm earned "Hold" rating on Monday, February 12 by RBC Capital Markets. Its up 0.02, from 1.15 in 2017Q2.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 113 funds opened positions while 468 raised stakes. The institutional investor held 45,644 shares of the consumer services company at the end of 2017Q3, valued at $3.57 million, up from 41,635 at the end of the previous reported quarter. 2,900 were accumulated by E&G Advsr Lp. Saratoga Inv Management holds 55 shares or 0% of its portfolio. Legal And General Grp Public Lc owns 552,126 shares. Atlas Browninc reported 4,322 shares. Cornerstone holds 0.02% or 458 shares in its portfolio. Bridges Invest Incorporated accumulated 0.26% or 26,209 shares.

Teachers Insurance & Annuity Association Of America, which manages about $3.71 billion US Long portfolio, decreased its stake in Abbott Labs (NYSE:ABT) by 47,200 shares to 224,400 shares, valued at $11.97 million in 2017Q3, according to the filing. Rocky Mountain Advisers Limited Liability has 7,750 shares for 2.57% of their portfolio. Edgemoor Investment Advisors Inc. boosted its position in shares of Walmart by 0.3% during the 2nd quarter. (NYSE:WMT) or 2.00 million shares. Hudock Capital Group LLC raised its holdings in shares of Walmart by 0.4% during the second quarter. Finally, Parametric Portfolio Associates LLC increased its position in shares of Walmart by 52.9% during the second quarter.

COPYRIGHT VIOLATION NOTICE: "Walmart (NYSE:WMT) PT Set at $103.00 by UBS Group" was first posted by registrarjournal.com and is owned by of registrarjournal.com. The company has market cap of $2.84 billion.

Since September 22, 2017, it had 0 insider buys, and 5 sales for $477.13 million activity. WALTON S ROBSON sold $158.93M worth of Walmart Inc. Connable Office Inc sold 25,393 shares as the company's stock declined 7.50% while stock markets rallied. Unitedhealth Group Inc Com (NYSE:UNH) was raised too. WALTON ALICE L also sold $158.93 million worth of Walmart Inc. 28,173 shares were sold by LAUDER KARYL H, worth $523,823. (NYSE:WMT) on Monday, December 11. $888,195 worth of stock was sold by Scheel James E. on Thursday, January 11. (NYSE:WMT) was sold by Canney Jacqueline P.

Analysts await Cisco Systems, Inc. (NASDAQ:NTES) to report earnings on May, 9. They expect $0.18 EPS, up 28.57% or $0.04 from last year's $0.14 per share. CSCO's profit will be $2.84 billion for 19.22 P/E if the $0.59 EPS becomes a reality. During the same quarter in the prior year, the firm earned $1.30 EPS. analysts predict that Walmart Inc will post 4.92 EPS for the current year. It also reduced its holding in Fiserv Inc.

Among 38 analysts covering Cisco Systems Inc. Nineteen equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. Therefore 33% are positive. Sony Corp had 14 analyst reports since August 16, 2015 according to SRatingsIntel. Deutsche Bank upgraded Sony Corporation (NYSE:SNE) on Wednesday, July 6 to "Buy" rating. (NASDAQ:CSCO) rating on Monday, November 13. The stock has "Hold" rating by KeyBanc Capital Markets on Tuesday, October 24. The rating was initiated by Guggenheim on Friday, September 30 with "Buy". The company was maintained on Wednesday, January 24 by RBC Capital Markets. (NASDAQ:CSCO) rating on Friday, June 23. The rating was maintained by Stifel Nicolaus with "Hold" on Wednesday, August 9.

Investors sentiment increased to 1.17 in 2017 Q3. Its down 0.30, from 1.19 in 2017Q2. It dropped, as 7 investors sold FBP shares while 36 reduced holdings. 687.46 million shares or 1.13% less from 695.32 million shares in 2017Q2 were reported. Moreover, Peoples Fincl Serv Corporation has 0.27% invested in Walmart Inc. Hamilton Point Invest Advsr Ltd Company stated it has 0.92% of its portfolio in Walmart Inc. Perigon Wealth Mngmt Limited Liability Co accumulated 1,667 shares. Btim Corp stated it has 7,007 shares or 0.01% of all its holdings. Foundation Asset Lp has 4.23% invested in The Williams Companies, Inc. Moreover, Hayek Kallen Invest Management has 2.69% invested in Walmart Inc.

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