Upgrades Rating On Wal-Mart Stores, Inc. (WMT)

Ivan Schwartz
August 12, 2017

Birinyi Associates Inc sold 6,450 shares as Wal (WMT)'s stock rose 13.55%. The hedge fund held 2.38 million shares of the consumer services company at the end of 2016Q4, valued at $164.16 million, up from 1.93M at the end of the previous reported quarter. The stock has a market capitalization of $242.37 billion, a price-to-earnings ratio of 18.26 and a beta of 0.29. The stock rose 0.12% or $0.1 reaching $80.76. About 7.90 million shares traded or 9.42% up from the average. It has underperformed by 2.87% the S&P500.

Eagle Ridge Investment Management increased its stake in Visa Inc (V) by 6.26% based on its latest 2016Q4 regulatory filing with the SEC.

During last 5 trades the stock sticks nearly 1.34%. About 1.75M shares traded. The company has market cap of $592.06 million. Closing price generally refers to the last price at which a stock trades during a regular trading session. 7,905,495 shares of the company were exchanged.

It is down 43.02% since August 11, 2016 and is uptrending. It has outperformed by 122.81% the S&P500.

Since February 22, 2017, it had 0 buys, and 35 selling transactions for $7.18 billion activity. The insider WALTON JIM C sold $90.35M. The insider Gearhart Jeffrey J sold $868,299. The shares were sold at an average price of $76.65, for a total value of $1,972,127.85. $104,113 worth of stock was sold by Canney Jacqueline P on Tuesday, May 23. British Columbia Investment Management Corp now owns 795,766 shares of the retailer's stock worth $57,359,000 after buying an additional 209,619 shares during the period. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since August 10, 2016 and is uptrending.

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Among 34 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 1 Sell and 16 Hold.

Investec Asset Management Ltd reports that it lowered its position in Wal-Mart Stores, Inc. stock by 16.3% in a 13F filing with the SEC. Therefore 100% are positive. In the last earnings report the EPS was $4.40 and is expected to be $4.36 for the current year with 3,014,499,000 shares presently outstanding. The rating was upgraded by Northcoast on Friday, November 13 to "Buy". Goldman Sachs maintained it with "Neutral" rating and $86 target in Wednesday, April 6 report. WALTON S ROBSON also sold $259.02M worth of Wal-Mart Stores Inc (NYSE:WMT) on Wednesday, June 7. On Friday, January 20 the stock rating was reinitiated by Stifel Nicolaus with "Hold". Vanguard Group Inc owns $8.59 billion in Wal-Mart Stores, Inc., which represents roughly 3.5% of the company's market cap and approximately 11.54% of the institutional ownership. On Thursday, October 15 the stock rating was downgraded by Stephens to "Equal Weight". The rating was maintained by RBC Capital Markets on Wednesday, February 22 with "Underperform". The rating was maintained by UBS on Friday, February 12 with "Neutral". The stock of SSP Group PLC (LON:SSPG) earned "Overweight" rating by JP Morgan on Tuesday, March 22.

Investors sentiment increased to 2.15 in 2016 Q4. Its down 0.25, from 1.12 in 2016Q3. This analysis is based on historical data about the stock's monthly performance given the overall trends of the market and particular indicators within the market. 77 funds opened positions while 479 raised stakes. The stock now has Monthly Volatility of 1.10% and Weekly Volatility of 0.92%. Jane Street Grp Ltd has 157,264 shares for 0.05% of their portfolio. The shares were sold at an average price of $79.36, for a total transaction of $408,069.12.

Moab Capital Partners Llc holds 14.14% of its portfolio in Viad Corp for 960,377 shares. The Massachusetts-based Grimes And has invested 0.03% in Wal-Mart Stores Inc (NYSE:WMT). Bokf Na reported 143,640 shares stake. Atlanta Capital reported 11,944 shares. Moreover, Skylands Capital Llc has 0.56% invested in the company for 359,800 shares. Burney has invested 0.4% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). Its up 51.92% from 3.96 million shares previously. Commonwealth Equity Ser holds 0.2% or 387,390 shares in its portfolio. It is negative, as 97 investors sold WMT shares while 540 reduced holdings. (NYSE:GTY) for 29,123 shares. Its up 0.12, from 0.93 in 2016Q3. 132 funds opened positions while 525 raised stakes. From the opening price, the stock has seen a change of -0.81% recently clocking in with a price of $24.36. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. XPO Logistics, Inc. (XPO) recently closed with fall of -8.38% to its 20-Day Simple Moving Average.

Since the beginning of the calendar year, the stock is 11.95%. Hudson Valley Adv holds 23,034 shares. Perkins Coie Trust has invested 1.2% in Visa Inc (NYSE:V). Teachers Retirement Systems Of The State Of Kentucky holds 186,749 shares. (NYSE:WMT) by some 47,382,313 shares, 712 decreased positions by 36,437,501 and 194 held positions by 828,006,001. The retailer reported $1.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.96 by $0.04. Wetherby Asset Mgmt Incorporated has 0.55% invested in Visa Inc (NYSE:V). Franklin Res accumulated 4.34 million shares. Yacktman Asset Mgmt Lp holds 0.67% or 1.07M shares.

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