State Farm Mutual Automobile Insurance Co. reduced its stake in Walmart Inc. (WMT) by 0.6% in the third quarter, making Walmart its 7th largest holding, valued at over $4 billion. Several institutional investors adjusted their positions, with some increasing and others decreasing their holdings. Analysts generally maintain a “Moderate Buy” consensus rating for Walmart, with a target price of $134.42, while company insiders have recently sold significant shares.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Walmart Inc. $WMT is State Farm Mutual Automobile Insurance Co.'s 7th Largest Position
State Farm Mutual Automobile Insurance Co. reduced its stake in Walmart Inc. (WMT) by 0.6% in the third quarter, making Walmart its 7th largest holding, valued at over $4 billion. Several institutional investors adjusted their positions, with some increasing and others decreasing their holdings. Analysts generally maintain a “Moderate Buy” consensus rating for Walmart, with a target price of $134.42, while company insiders have recently sold significant shares.