As Wal (WMT) Shares Rose, Next Financial Group Has Cut Its Stake by $438,170; Palo Alto Networks (PANW) Shareholder Hellman Jordan Management Company Has Lowered Its Stake

February 25, 2018 - By Linda Rogers

Hellman Jordan Management Company Inc decreased its stake in Palo Alto Networks Inc (PANW) by 29.96% based on its latest 2017Q3 regulatory filing with the SEC. Hellman Jordan Management Company Inc sold 2,601 shares as the company’s stock declined 24.72% while stock markets rallied. The institutional investor held 6,082 shares of the technology company at the end of 2017Q3, valued at $876,000, down from 8,683 at the end of the previous reported quarter. Hellman Jordan Management Company Inc who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $15.21B market cap company. The stock increased 2.20% or $3.56 during the last trading session, reaching $165.54. About 1.64M shares traded or 38.95% up from the average. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since February 25, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Next Financial Group Inc decreased its stake in Wal (WMT) by 22.65% based on its latest 2017Q3 regulatory filing with the SEC. Next Financial Group Inc sold 5,095 shares as the company’s stock rose 13.55% with the market. The institutional investor held 17,399 shares of the consumer services company at the end of 2017Q3, valued at $1.51M, down from 22,494 at the end of the previous reported quarter. Next Financial Group Inc who had been investing in Wal for a number of months, seems to be less bullish one the $275.18B market cap company. The stock increased 0.13% or $0.12 during the last trading session, reaching $92.89. About 12.79 million shares traded or 21.25% up from the average. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 25, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Hellman Jordan Management Company Inc, which manages about $886.87M and $45.94M US Long portfolio, upped its stake in Drxn Daily S&P Biotech Bull by 40,000 shares to 90,000 shares, valued at $7.69M in 2017Q3, according to the filing.

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 43 have Buy rating, 2 Sell and 7 Hold. Therefore 83% are positive. Palo Alto Networks had 186 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $183.0 target in Tuesday, November 21 report. Cowen & Co maintained the shares of PANW in report on Thursday, February 15 with “Buy” rating. As per Wednesday, August 31, the company rating was maintained by Goldman Sachs. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by Northland Capital on Wednesday, October 18. Evercore maintained the stock with “Hold” rating in Thursday, June 15 report. The rating was maintained by BMO Capital Markets with “Market Perform” on Monday, February 27. The stock has “Hold” rating by Needham on Friday, May 27. The company was maintained on Tuesday, November 21 by BMO Capital Markets. The firm has “Buy” rating by Maxim Group given on Friday, September 1. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by Nomura on Wednesday, August 31.

Since September 8, 2017, it had 0 insider buys, and 15 sales for $63.89 million activity. $5.52 million worth of stock was sold by MCLAUGHLIN MARK D on Thursday, February 1. Another trade for 2,000 shares valued at $289,528 was made by ZUK NIR on Monday, October 2. Anderson Mark had sold 44,429 shares worth $6.36 million on Thursday, September 14. On Tuesday, October 10 BONVANIE RENE sold $4.09M worth of Palo Alto Networks, Inc. (NYSE:PANW) or 27,248 shares. 1,572 shares were sold by Eschenbach Carl M., worth $227,920.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.22, from 0.94 in 2017Q2. It increased, as 43 investors sold PANW shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported. Aviva Public Limited accumulated 0.04% or 55,836 shares. Westfield Cap Mngmt LP holds 0.32% or 285,691 shares. Atria Invs Limited Liability accumulated 1,669 shares or 0.01% of the stock. 500 were reported by West Oak Limited Liability Company. Washington-based Cornerstone Advisors has invested 0.06% in Palo Alto Networks, Inc. (NYSE:PANW). State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 280,000 shares. Champlain Investment Partners Limited Liability Company has 772,910 shares for 1.31% of their portfolio. Private Advisor Limited Liability reported 8,756 shares. Cambridge Tru Co invested 1.33% in Palo Alto Networks, Inc. (NYSE:PANW). Old Natl Comml Bank In invested in 1,500 shares. Korea Investment Corporation reported 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Amer Money Management Limited Liability Corporation holds 3,440 shares or 0.33% of its portfolio. Nelson Roberts Lc holds 0.01% or 249 shares. Stifel Corporation invested in 0.02% or 36,898 shares. Sands Mgmt Ltd Llc invested in 1.34% or 3.10 million shares.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on February, 26 after the close. They expect $-0.21 EPS, up 63.79% or $0.37 from last year’s $-0.58 per share. After $-0.16 actual EPS reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts 31.25% negative EPS growth.

Since August 29, 2017, it had 0 insider buys, and 11 sales for $1.37 billion activity. $166.15 million worth of Walmart Inc. (NYSE:WMT) shares were sold by WALTON S ROBSON. $125,299 worth of stock was sold by Canney Jacqueline P on Tuesday, September 26. 2.12 million Walmart Inc. (NYSE:WMT) shares with value of $166.15 million were sold by WALTON JIM C. Gearhart Jeffrey J had sold 9,216 shares worth $727,698 on Tuesday, August 29.

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Wal-Mart Stores Inc had 150 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Friday, May 19 by BMO Capital Markets. Telsey Advisory Group maintained the shares of WMT in report on Friday, November 17 with “Outperform” rating. Bernstein initiated it with “Mkt Perform” rating and $75 target in Monday, February 6 report. RBC Capital Markets upgraded Walmart Inc. (NYSE:WMT) on Wednesday, November 29 to “Sector Perform” rating. The stock has “Hold” rating by Deutsche Bank on Monday, September 11. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, November 8. On Friday, January 20 the stock rating was reinitiated by Stifel Nicolaus with “Hold”. The stock has “Buy” rating by Goldman Sachs on Thursday, January 18. As per Thursday, October 15, the company rating was downgraded by S&P Research. The stock has “Buy” rating by Bank of America on Tuesday, March 14.

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is without 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. 266,428 were accumulated by Employees Retirement Association Of Colorado. 179,143 are held by Mutual Of America Management Limited Liability Company. Acg Wealth holds 0.19% or 14,104 shares in its portfolio. 313,616 are held by Cs Mckee Limited Partnership. Tctc Ltd Llc accumulated 0.65% or 134,026 shares. Dimensional Fund LP invested in 0.51% or 14.80 million shares. Fiera Capital stated it has 0% of its portfolio in Walmart Inc. (NYSE:WMT). Whalerock Point Limited Liability Corp owns 10,272 shares. Advisory Svcs Ntwk Llc reported 27,273 shares. Pettee Invsts accumulated 8,842 shares or 0.45% of the stock. Profund Advsr holds 46,296 shares or 0.15% of its portfolio. Daiwa Grp invested in 83,436 shares. Point72 Asset Mgmt LP owns 72,500 shares for 0.03% of their portfolio. 1.96 million were reported by Utd Svcs Automobile Association. Bbva Compass State Bank holds 0.09% of its portfolio in Walmart Inc. (NYSE:WMT) for 18,525 shares.

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