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Walmart Stake Changes as Manufacturers Life Cuts 8.1% Holding

Walmart logoWalmart
Sig1.35Sen+0.20Env0.00Soc0.00Gov0.00
Manulife Financial logoManulife Financial
Sig1.20Sen-0.60Env0.00Soc0.00Gov0.00

Multiple investors adjusted their Walmart holdings, including Advisortrust Partners adding shares and The Manufacturers Life Insurance Company cutting its stake by 8.1% in the second quarter. Other firms increased positions as well, while analysts reiterated a buy view with a $132 price target. The report also notes insider share sales, alongside an executive vice president holding a large share position after a stock sale.

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