Wellington Shields & Company Increased Its Wal (WMT) Position by $333,200; As Comcast New (Call) (CMCSA) Share Value Declined, Soros Fund Management Trimmed Stake by $11.00 Million

April 25, 2018 - By Marguerite Chambers

Walmart Inc. (NYSE:WMT) Logo

George Soros decreased its stake in Comcast Corp New (Call) (CMCSA) by 55% based on its latest 2017Q4 regulatory filing with the SEC. Soros Fund Management Llc sold 275,000 shares as the company’s stock declined 19.10% with the market. The hedge fund run by George Soros held 225,000 shares of the television services company at the end of 2017Q4, valued at $9.01 million, down from 500,000 at the end of the previous reported quarter. Soros Fund Management Llc who had been investing in Comcast Corp New (Call) for a number of months, seems to be less bullish one the $154.89B market cap company. The stock decreased 1.54% or $0.52 during the last trading session, reaching $33.35. About 23.23M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 25, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Wellington Shields & Company increased its stake in Wal (WMT) by 91.77% based on its latest 2017Q4 regulatory filing with the SEC. Wellington Shields & Company bought 3,400 shares as the company’s stock declined 12.38% with the market. The institutional investor held 7,105 shares of the consumer services company at the end of 2017Q4, valued at $702,000, up from 3,705 at the end of the previous reported quarter. Wellington Shields & Company who had been investing in Wal for a number of months, seems to be bullish on the $255.32B market cap company. The stock increased 0.50% or $0.43 during the last trading session, reaching $86.53. About 8.47M shares traded. Walmart Inc. (NYSE:WMT) has risen 23.53% since April 25, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 21 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 154 analyst reports since August 14, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Tuesday, March 14 report. The rating was maintained by RBC Capital Markets with “Underperform” on Wednesday, February 22. The firm has “Hold” rating given on Monday, June 26 by Wells Fargo. The stock of Walmart Inc. (NYSE:WMT) earned “Equal-Weight” rating by Morgan Stanley on Friday, November 17. Bernstein initiated it with “Mkt Perform” rating and $75 target in Monday, February 6 report. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Monday, May 16 by Deutsche Bank. The company was maintained on Sunday, August 23 by Deutsche Bank. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 17 report. The firm has “Overweight” rating by Barclays Capital given on Friday, September 23. The firm earned “Hold” rating on Friday, September 18 by TheStreet.

Since December 11, 2017, it had 0 insider purchases, and 1 sale for $200,291 activity.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.03, from 1.02 in 2017Q3. It turned negative, as 68 investors sold WMT shares while 541 reduced holdings. 165 funds opened positions while 435 raised stakes. 865.70 million shares or 1.77% less from 881.34 million shares in 2017Q3 were reported. Hussman Strategic stated it has 51,100 shares or 1.44% of all its holdings. Quantres Asset Mngmt Ltd has 5,200 shares for 0.32% of their portfolio. Shine Investment Advisory Ser Incorporated owns 0.01% invested in Walmart Inc. (NYSE:WMT) for 109 shares. Washington-based Perkins Coie has invested 0.05% in Walmart Inc. (NYSE:WMT). Ramsay Stattman Vela And Price invested in 4,497 shares. Reynders Mcveigh Cap Management Ltd Liability stated it has 3,229 shares. Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0.18% in Walmart Inc. (NYSE:WMT). Moreover, Inv Counselors Of Maryland Limited Liability Company has 0.1% invested in Walmart Inc. (NYSE:WMT). M Securities holds 0.11% or 20,423 shares. California State Teachers Retirement Systems holds 2.84 million shares or 0.58% of its portfolio. Homrich Berg reported 0.05% of its portfolio in Walmart Inc. (NYSE:WMT). Kidder Stephen W holds 0.45% of its portfolio in Walmart Inc. (NYSE:WMT) for 12,630 shares. Ontario – Canada-based Toronto Dominion Bancorp has invested 0.19% in Walmart Inc. (NYSE:WMT). Moreover, Budros Ruhlin Roe has 0.47% invested in Walmart Inc. (NYSE:WMT) for 17,149 shares. Moreover, Clinton Grp has 0.07% invested in Walmart Inc. (NYSE:WMT) for 8,294 shares.

Wellington Shields & Company, which manages about $217.08M and $185.95M US Long portfolio, decreased its stake in Philip Morris Internat (NYSE:PM) by 3,300 shares to 31,530 shares, valued at $3.33M in 2017Q4, according to the filing. It also reduced its holding in Oneok Inc (NYSE:OKE) by 10,236 shares in the quarter, leaving it with 18,093 shares, and cut its stake in Flowers Foods Inc (NYSE:FLO).

Among 32 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 8 Hold. Therefore 72% are positive. Comcast Corporation had 83 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Bank of America with “Buy” on Wednesday, June 28. The firm has “Buy” rating by Nomura given on Friday, October 27. Telsey Advisory Group maintained the shares of CMCSA in report on Friday, August 19 with “Outperform” rating. Guggenheim upgraded the stock to “Buy” rating in Thursday, August 3 report. Robert W. Baird maintained it with “Buy” rating and $43.0 target in Friday, November 17 report. The firm has “Buy” rating by UBS given on Friday, July 24. The firm earned “Buy” rating on Friday, February 5 by Argus Research. Nomura initiated it with “Buy” rating and $72.0 target in Tuesday, December 8 report. As per Thursday, December 17, the company rating was maintained by Pivotal Research. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Thursday, January 25 by Jefferies.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It is negative, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Endowment Management LP accumulated 9,340 shares. The Massachusetts-based Moreno Evelyn V has invested 2.17% in Comcast Corporation (NASDAQ:CMCSA). New England Rech & Management stated it has 0.16% in Comcast Corporation (NASDAQ:CMCSA). Moreover, Evergreen Capital Llc has 0.03% invested in Comcast Corporation (NASDAQ:CMCSA). Wealthcare Capital Mngmt Limited Liability stated it has 0.01% in Comcast Corporation (NASDAQ:CMCSA). Cim Mangement has invested 0.41% in Comcast Corporation (NASDAQ:CMCSA). Pointstate Capital Limited Partnership has invested 2.15% in Comcast Corporation (NASDAQ:CMCSA). Bank & Trust Of America De accumulated 50.32M shares or 0.34% of the stock. Int Sarl holds 153,900 shares. Thrivent Financial For Lutherans has invested 1.33% in Comcast Corporation (NASDAQ:CMCSA). Lumina Fund Management Ltd Liability has invested 0.33% in Comcast Corporation (NASDAQ:CMCSA). Linscomb & Williams stated it has 10,313 shares or 0.03% of all its holdings. Cohen Cap Management invested 0.22% in Comcast Corporation (NASDAQ:CMCSA). Mitsubishi Ufj Secs Holdings Limited has invested 0.71% in Comcast Corporation (NASDAQ:CMCSA). Timber Creek Cap Mgmt Ltd Liability Com reported 97,175 shares.

Since December 14, 2017, it had 0 insider purchases, and 11 insider sales for $62.58 million activity. $30,411 worth of stock was sold by Murdock Daniel C. on Tuesday, April 17. Shares for $25.24 million were sold by ROBERTS BRIAN L. On Friday, January 26 BURKE STEPHEN B sold $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) or 190,756 shares. WATSON DAVID N also sold $4.84M worth of Comcast Corporation (NASDAQ:CMCSA) on Tuesday, March 6.

Soros Fund Management Llc, which manages about $4.37B US Long portfolio, upped its stake in Charter Communications Inc N by 24,300 shares to 49,300 shares, valued at $16.56 million in 2017Q4, according to the filing. It also increased its holding in Caesars Entmt Corp (NASDAQ:CZR) by 31.54 million shares in the quarter, for a total of 34.50 million shares, and has risen its stake in American Eagle Outfitters Ne (NYSE:AEO).

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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