Point72 Asset Management LP Lowered By $2.30 Million Its Patterson Uti Energy (PTEN) Stake; Epoch Investment Partners Has Cut Its Wal (WMT) Stake

February 19, 2018 - By Stephen Andrade

Point72 Asset Management Lp decreased Patterson Uti Energy Inc (PTEN) stake by 7.33% reported in 2017Q3 SEC filing. Point72 Asset Management Lp sold 114,877 shares as Patterson Uti Energy Inc (PTEN)’s stock declined 16.81%. The Point72 Asset Management Lp holds 1.45 million shares with $30.41M value, down from 1.57M last quarter. Patterson Uti Energy Inc now has $4.02B valuation. The stock decreased 1.74% or $0.32 during the last trading session, reaching $18.09. About 4.47M shares traded or 21.40% up from the average. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since February 19, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

Epoch Investment Partners Inc decreased Wal (WMT) stake by 2.63% reported in 2017Q3 SEC filing. Epoch Investment Partners Inc sold 10,110 shares as Wal (WMT)’s stock rose 13.55%. The Epoch Investment Partners Inc holds 374,618 shares with $29.27M value, down from 384,728 last quarter. Wal now has $310.40B valuation. The stock increased 1.50% or $1.55 during the last trading session, reaching $104.78. About 16.06 million shares traded or 77.74% up from the average. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 19, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Epoch Investment Partners Inc increased Disney Walt Co (NYSE:DIS) stake by 1.03 million shares to 4.04M valued at $398.66 million in 2017Q3. It also upped Centurylink Inc (NYSE:CTL) stake by 546,435 shares and now owns 5.52M shares. Reliance Steel & Aluminum Co (NYSE:RS) was raised too.

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 18 have Buy rating, 0 Sell and 19 Hold. Therefore 49% are positive. Wal-Mart Stores Inc had 144 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Monday, August 22 by BMO Capital Markets. As per Friday, November 13, the company rating was upgraded by Northcoast. UBS maintained the stock with “Neutral” rating in Wednesday, August 19 report. Jefferies maintained it with “Buy” rating and $119.0 target in Friday, February 16 report. As per Thursday, August 17, the company rating was maintained by Oppenheimer. The firm has “Hold” rating given on Wednesday, October 11 by Stifel Nicolaus. Robert W. Baird maintained the stock with “Buy” rating in Thursday, August 24 report. The rating was upgraded by JP Morgan on Friday, January 8 to “Overweight”. On Tuesday, January 2 the stock rating was maintained by Robert W. Baird with “Buy”. KeyBanc Capital Markets maintained the stock with “Buy” rating in Tuesday, September 19 report.

Analysts await Walmart Inc. (NYSE:WMT) to report earnings on February, 20. They expect $1.36 earnings per share, up 4.62% or $0.06 from last year’s $1.3 per share. WMT’s profit will be $4.03 billion for 19.26 P/E if the $1.36 EPS becomes a reality. After $1.00 actual earnings per share reported by Walmart Inc. for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Investors sentiment is 1.02 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 62 investors sold WMT shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. Bright Rock Capital Mngmt Ltd Liability Co owns 80,000 shares or 1.81% of their US portfolio. Bbva Compass Retail Bank, a Texas-based fund reported 18,525 shares. Fmr Lc stated it has 21.55M shares or 0.2% of all its holdings. Peoples Fincl Service holds 0.27% or 6,040 shares. Brandes Inv LP invested in 98,423 shares. Gilder Gagnon Howe And Communications Llc has 1.06M shares for 1.17% of their portfolio. Davenport And Ltd Liability Company stated it has 62,760 shares. Supplemental Annuity Collective Trust Of Nj owns 15,000 shares for 0.51% of their portfolio. Wilbanks Smith And Thomas Asset Mgmt has invested 0.11% in Walmart Inc. (NYSE:WMT). Piedmont Investment Advsr Limited Liability Company has 0.76% invested in Walmart Inc. (NYSE:WMT). Stoneridge Ptnrs Ltd Llc invested in 4,612 shares or 0.06% of the stock. Moors & Cabot accumulated 25,164 shares or 0.29% of the stock. Asset Advsrs Corporation accumulated 7,350 shares. Bb&T Secs Llc has 0.15% invested in Walmart Inc. (NYSE:WMT). Chevy Chase Tru Holdg Incorporated holds 1.29 million shares.

Since August 21, 2017, it had 0 insider purchases, and 12 sales for $1.37 billion activity. Another trade for 1.65 million shares valued at $131.11M was made by WALTON JIM C on Tuesday, September 5. Shares for $62.26 million were sold by WALTON S ROBSON on Wednesday, August 23. Canney Jacqueline P had sold 2,065 shares worth $200,291 on Monday, December 11. Gearhart Jeffrey J had sold 9,216 shares worth $727,698 on Tuesday, August 29. On Wednesday, August 30 the insider WALTON ALICE L sold $166.15 million.

Point72 Asset Management Lp increased Acuity Brands Inc (NYSE:AYI) stake by 58,300 shares to 67,800 valued at $11.61M in 2017Q3. It also upped Popular Inc (NASDAQ:BPOP) stake by 219,111 shares and now owns 552,616 shares. Astrazeneca Plc (NYSE:AZN) was raised too.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 22 have Buy rating, 0 Sell and 9 Hold. Therefore 71% are positive. Patterson-UTI Energy Inc had 107 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, July 13 the stock rating was maintained by Jefferies with “Buy”. Morgan Stanley maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Tuesday, April 19 with “Overweight” rating. On Wednesday, June 21 the stock rating was downgraded by Seaport Global to “Neutral”. The stock has “Buy” rating by Jefferies on Monday, July 11. The firm has “Hold” rating by Wunderlich given on Friday, April 29. The firm earned “Neutral” rating on Friday, December 16 by Goldman Sachs. Tudor Pickering downgraded Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Wednesday, September 9 to “Hold” rating. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Buy” rating given on Wednesday, January 18 by SunTrust. Howard Weil maintained the stock with “Sector Perform” rating in Friday, October 28 report. The rating was maintained by BMO Capital Markets on Friday, September 4 with “Outperform”.

Investors sentiment decreased to 1.41 in Q3 2017. Its down 0.25, from 1.66 in 2017Q2. It fall, as 40 investors sold PTEN shares while 64 reduced holdings. 30 funds opened positions while 117 raised stakes. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. New York-based Sir Capital Mgmt LP has invested 3.43% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Hanson And Doremus, a Vermont-based fund reported 3,010 shares. Ameriprise Inc invested 0.06% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). 26,975 were accumulated by Advantus Cap Mngmt. Oregon Public Employees Retirement Fund stated it has 0.02% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Bnp Paribas Arbitrage reported 261,427 shares. Gamco Investors Inc Et Al accumulated 0% or 28,700 shares. Scout Invests Inc has 0.2% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 350,550 shares. Wellington Gru Limited Liability Partnership invested 0.04% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Capstone Advisors Ltd Liability Com reported 29,744 shares or 0.02% of all its holdings. Buckingham Cap Mgmt Inc, a New York-based fund reported 418,047 shares. 18,001 are held by Keybank Association Oh. United Kingdom-based Barclays Public Ltd Company has invested 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Ny Life Invest Mngmt Ltd Com reported 1.05 million shares or 1.78% of all its holdings. Manufacturers Life Insurance Com The holds 536,139 shares or 0.01% of its portfolio.

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