As Wal Mart (WMT) Stock Declined, Busey Trust Company Has Boosted Stake; Coca Cola Co (KO) Shareholder Bank Of The Ozarks Has Increased Holding

May 26, 2018 - By Peter Kolinski

Walmart Inc. (NYSE:WMT) Logo

Busey Trust Company increased its stake in Wal Mart (WMT) by 52.6% based on its latest 2017Q4 regulatory filing with the SEC. Busey Trust Company bought 5,991 shares as the company’s stock declined 12.38% with the market. The institutional investor held 17,381 shares of the consumer services company at the end of 2017Q4, valued at $1.72 million, up from 11,390 at the end of the previous reported quarter. Busey Trust Company who had been investing in Wal Mart for a number of months, seems to be bullish on the $243.46 billion market cap company. The stock decreased 0.47% or $0.39 during the last trading session, reaching $82.46. About 5.91M shares traded. Walmart Inc. (NYSE:WMT) has risen 23.53% since May 26, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Bank Of The Ozarks increased its stake in Coca Cola Co (KO) by 60.24% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of The Ozarks bought 16,837 shares as the company’s stock declined 5.92% with the market. The institutional investor held 44,787 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $2.06M, up from 27,950 at the end of the previous reported quarter. Bank Of The Ozarks who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $180.42B market cap company. The stock increased 0.19% or $0.08 during the last trading session, reaching $42.4. About 8.81 million shares traded. The Coca-Cola Company (NYSE:KO) has risen 1.35% since May 26, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Bank Of The Ozarks, which manages about $263.80M US Long portfolio, decreased its stake in Bank Of The Ozarks (NASDAQ:OZRK) by 51,340 shares to 1.88 million shares, valued at $90.89 million in 2017Q4, according to the filing.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.11, from 0.8 in 2017Q3. It increased, as 51 investors sold KO shares while 623 reduced holdings. 124 funds opened positions while 492 raised stakes. 2.73 billion shares or 0.05% less from 2.73 billion shares in 2017Q3 were reported. Nadler Group Inc Inc reported 7,146 shares. Stadion Money Ltd Liability Co reported 0.01% stake. First Midwest Bancorporation Tru Division stated it has 0.49% of its portfolio in The Coca-Cola Company (NYSE:KO). Halbert Hargrove Russell Lc owns 4,945 shares or 0.06% of their US portfolio. Cullinan Associate owns 1.21M shares for 4.09% of their portfolio. Moreover, Capital Ww Investors has 1.42% invested in The Coca-Cola Company (NYSE:KO). Tdam Usa has 1.37% invested in The Coca-Cola Company (NYSE:KO). 152,999 were accumulated by Liberty Mutual Grp Asset. Prudential Pcl reported 1.20 million shares. Plancorp Ltd Liability holds 7,398 shares or 0.11% of its portfolio. Glg Ltd reported 0.62% stake. 120,785 are held by Utd American Secs (D B A Uas Asset Management). Court Place Advisors Limited Com invested 0.48% in The Coca-Cola Company (NYSE:KO). Asset Strategies owns 20,591 shares. Sky Invest Group Inc Limited Liability Corp, Connecticut-based fund reported 138,722 shares.

Since January 16, 2018, it had 0 insider buys, and 5 selling transactions for $6.52 million activity. MURPHY JOHN had sold 14,129 shares worth $631,572 on Tuesday, March 13. Waller Kathy N had sold 23,240 shares worth $1.07 million. MANN JENNIFER K sold $84,735 worth of stock or 1,883 shares. LONG ROBERT EDWARD had sold 15,000 shares worth $719,250 on Wednesday, January 24.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Bizjournals.com which released: “Former Coca-Cola, ESPN marketing executive on making the shift to health care with Cambia” on May 02, 2018, also Seekingalpha.com with their article: “Coca-Cola Has Limited Upside Potential” published on May 21, 2018, Seekingalpha.com published: “Shareholder Yield: Coke Vs. Pepsi” on May 10, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Benzinga.com and their article: “Benzinga’s Bulls & Bears Of The Week: Coca-Cola, Ford, JC Penney, Spotify And More” published on May 20, 2018 as well as Benzinga.com‘s news article titled: “General Mills’ 30% Upside Looks Appetizing” with publication date: May 24, 2018.

Among 22 analysts covering Coca-Cola (NYSE:KO), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Coca-Cola had 78 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, June 30, the company rating was maintained by RBC Capital Markets. The firm earned “Hold” rating on Wednesday, July 26 by Susquehanna. Jefferies maintained the stock with “Hold” rating in Friday, October 6 report. Barclays Capital reinitiated The Coca-Cola Company (NYSE:KO) on Friday, August 7 with “Equal Weight” rating. The firm has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets. As per Tuesday, February 20, the company rating was maintained by JP Morgan. The firm earned “Buy” rating on Friday, August 28 by Vetr. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, July 12. Susquehanna maintained it with “Hold” rating and $3900 target in Wednesday, July 12 report. As per Friday, October 27, the company rating was maintained by Cowen & Co.

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Seekingalpha.com which released: “Details on Walmart’s Flipkart investment” on May 09, 2018, also Benzinga.com with their article: “Morgan Stanley Weighs How Flipkart Changes Walmart’s Global Stand Against Amazon” published on May 14, 2018, Investorplace.com published: “A Walmart Inc Earnings Miss Is Your Opportunity” on May 15, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: 247Wallst.com and their article: “Procter & Gamble Remains the Dow’s Worst Performing Stock” published on May 26, 2018 as well as Seekingalpha.com‘s news article titled: “Walmart: This Normalization Period Will Last” with publication date: May 18, 2018.

Busey Trust Company, which manages about $783.20 million US Long portfolio, decreased its stake in United Technologies Corporation (NYSE:UTX) by 8,612 shares to 8,255 shares, valued at $1.05 million in 2017Q4, according to the filing. It also reduced its holding in Mckesson Corp (NYSE:MCK) by 11,534 shares in the quarter, leaving it with 15,726 shares, and cut its stake in Danaher (NYSE:DHR).

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

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 158 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Equal Weight” rating on Thursday, October 15 by Stephens. Stifel Nicolaus maintained the shares of WMT in report on Wednesday, August 9 with “Hold” rating. As per Friday, June 23, the company rating was maintained by Stifel Nicolaus. UBS maintained it with “Neutral” rating and $91 target in Friday, November 10 report. The firm has “Market Perform” rating given on Friday, October 7 by Telsey Advisory Group. The company was maintained on Thursday, February 22 by Stephens. On Friday, August 18 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Buy” rating on Tuesday, August 1 by Oppenheimer. The firm earned “Neutral” rating on Friday, February 12 by UBS. The rating was maintained by M Partners with “Neutral” on Wednesday, November 18.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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