As Wal (WMT) Valuation Declined, Holder Meag Munich Ergo Kapitalanlagegesellschaft Mbh Has Lowered by $12.36 Million Its Position; Chesapeake Energy (CHK) Market Valuation Declined While Brandes Investment Partners LP Has Trimmed Holding by $6.36 Million

May 27, 2018 - By Winifred Garcia

Chesapeake Energy Corporation (NYSE:CHK) Logo

Meag Munich Ergo Kapitalanlagegesellschaft Mbh decreased its stake in Wal (WMT) by 38.32% based on its latest 2017Q4 regulatory filing with the SEC. Meag Munich Ergo Kapitalanlagegesellschaft Mbh sold 124,819 shares as the company’s stock declined 12.38% with the market. The institutional investor held 200,876 shares of the consumer services company at the end of 2017Q4, valued at $20.08 million, down from 325,695 at the end of the previous reported quarter. Meag Munich Ergo Kapitalanlagegesellschaft Mbh who had been investing in Wal for a number of months, seems to be less bullish one the $243.46 billion market cap company. The stock decreased 0.47% or $0.39 during the last trading session, reaching $82.46. About 5.91 million shares traded. Walmart Inc. (NYSE:WMT) has risen 23.53% since May 27, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Brandes Investment Partners Lp decreased its stake in Chesapeake Energy Corp (CHK) by 41.83% based on its latest 2017Q4 regulatory filing with the SEC. Brandes Investment Partners Lp sold 2.12 million shares as the company’s stock declined 23.38% with the market. The institutional investor held 2.95 million shares of the oil & gas production company at the end of 2017Q4, valued at $11.67 million, down from 5.07 million at the end of the previous reported quarter. Brandes Investment Partners Lp who had been investing in Chesapeake Energy Corp for a number of months, seems to be less bullish one the $3.86 billion market cap company. The stock decreased 5.49% or $0.25 during the last trading session, reaching $4.3. About 71.87 million shares traded or 52.00% up from the average. Chesapeake Energy Corporation (NYSE:CHK) has declined 42.83% since May 27, 2017 and is downtrending. It has underperformed by 54.38% the S&P500.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.03, from 1.02 in 2017Q3. It fall, 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. The Minnesota-based Compass Mngmt has invested 4.08% in Walmart Inc. (NYSE:WMT). Front Barnett Associates owns 0.04% invested in Walmart Inc. (NYSE:WMT) for 2,150 shares. Zwj Counsel Inc accumulated 12,967 shares. Huber Cap Mgmt Ltd Liability accumulated 266,600 shares. Westpac Banking reported 108,454 shares. Private Asset Mngmt owns 0.11% invested in Walmart Inc. (NYSE:WMT) for 7,165 shares. 64,374 were accumulated by Hodges Cap Mngmt. 8.71M were accumulated by Fisher Asset Management Limited Liability Co. Inv Advsr stated it has 1.77% in Walmart Inc. (NYSE:WMT). Cobblestone Capital Advisors Ltd Liability Corp, New York-based fund reported 2,180 shares. Rothschild Invest Il has 44,162 shares for 0.47% of their portfolio. Webster Fincl Bank N A owns 0.47% invested in Walmart Inc. (NYSE:WMT) for 34,926 shares. Gw Henssler Associates Limited holds 1.59% or 172,744 shares in its portfolio. Brown Advisory Secs Ltd Com has 0.22% invested in Walmart Inc. (NYSE:WMT) for 11,550 shares. Mitchell Mcleod Pugh And Williams Inc reported 0.66% in Walmart Inc. (NYSE:WMT).

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. Macquarie Research maintained Walmart Inc. (NYSE:WMT) on Monday, October 5 with “Neutral” rating. The firm has “Outperform” rating by Credit Suisse given on Friday, September 16. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Wednesday, February 21 by Stifel Nicolaus. Goldman Sachs maintained Walmart Inc. (NYSE:WMT) rating on Wednesday, April 6. Goldman Sachs has “Neutral” rating and $86 target. The stock of Walmart Inc. (NYSE:WMT) earned “Buy” rating by Oppenheimer on Wednesday, November 15. Stifel Nicolaus maintained it with “Hold” rating and $7900 target in Wednesday, August 9 report. The company was downgraded on Thursday, October 15 by Bank of America. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, October 7. As per Wednesday, October 7, the company rating was maintained by Deutsche Bank. The stock of Walmart Inc. (NYSE:WMT) has “Neutral” rating given on Wednesday, August 19 by UBS.

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

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Seekingalpha.com which released: “How Much Is Walmart’s Stock Worth? And, Why You Should Own A Piece!” on May 26, 2018, also Seekingalpha.com with their article: “Walmart: Furious Battle Pending In Grocery” published on May 23, 2018, Benzinga.com published: “Morgan Stanley Weighs How Flipkart Changes Walmart’s Global Stand Against Amazon” on May 14, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: 247Wallst.com and their article: “Walmart Helps Battered Lord & Taylor With E-Commerce Deal” published on May 16, 2018 as well as 247Wallst.com‘s news article titled: “Walmart Sheds UK’s Asda, Looks to India for Growth” with publication date: April 30, 2018.

Meag Munich Ergo Kapitalanlagegesellschaft Mbh, which manages about $2.60 billion US Long portfolio, upped its stake in Chevron Corp New (NYSE:CVX) by 83,334 shares to 232,459 shares, valued at $29.36 million in 2017Q4, according to the filing. It also increased its holding in Valero Energy Corp New (NYSE:VLO) by 11,851 shares in the quarter, for a total of 54,068 shares, and has risen its stake in Aetna Inc New (NYSE:AET).

More notable recent Chesapeake Energy Corporation (NYSE:CHK) news were published by: Seekingalpha.com which released: “Chesapeake Energy: What A Run” on May 18, 2018, also Seekingalpha.com with their article: “Chesapeake Energy: Still Ugly” published on May 24, 2018, Seekingalpha.com published: “Chesapeake Energy Common Is Making Its Move” on May 21, 2018. More interesting news about Chesapeake Energy Corporation (NYSE:CHK) were released by: Fool.com and their article: “Why World Wrestling Entertainment, Chesapeake Energy, and Williams Partners Jumped Today” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Chesapeake Energy Corporation: The Last Holdout” with publication date: May 04, 2018.

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on August, 2. They expect $0.12 earnings per share, down 33.33% or $0.06 from last year’s $0.18 per share. CHK’s profit will be $107.69M for 8.96 P/E if the $0.12 EPS becomes a reality. After $0.34 actual earnings per share reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts -64.71% negative EPS growth.

Among 33 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 8 have Buy rating, 11 Sell and 14 Hold. Therefore 24% are positive. Chesapeake Energy Corporation had 98 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Thursday, August 24. Piper Jaffray has “Hold” rating and $6.0 target. Barclays Capital maintained it with “Underweight” rating and $3 target in Tuesday, August 16 report. As per Thursday, October 19, the company rating was maintained by Piper Jaffray. The firm earned “Hold” rating on Monday, June 26 by BMO Capital Markets. Stephens maintained the stock with “Hold” rating in Tuesday, March 13 report. As per Thursday, February 25, the company rating was maintained by Macquarie Research. BMO Capital Markets maintained the shares of CHK in report on Monday, March 12 with “Hold” rating. The rating was maintained by Deutsche Bank on Wednesday, October 14 with “Hold”. The rating was upgraded by Capital One on Tuesday, August 16 to “Equal-Weight”. Wunderlich downgraded the shares of CHK in report on Thursday, January 28 to “Hold” rating.

Brandes Investment Partners Lp, which manages about $26.91B and $4.95B US Long portfolio, upped its stake in Avnet Inc (NYSE:AVT) by 58,010 shares to 458,139 shares, valued at $18.15M in 2017Q4, according to the filing. It also increased its holding in Glaxosmithkline Plc (NYSE:GSK) by 130,182 shares in the quarter, for a total of 2.26M shares, and has risen its stake in Netgear Inc (NASDAQ:NTGR).

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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By1 Winifred Garcia

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