How Does Wal-Mart Stores, Inc. (WMT) Stack Up Right Now?


The retailer reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. Parkwood Ltd Co has invested 0.04% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). Telsey Advisory Group maintained Wal-Mart Stores Inc (NYSE:WMT) rating on Friday, November 18. They set a “buy” rating and a $90.00 price target for the company. Following the completion of the sale, the insider now owns 10,507,127 shares of the company’s stock, valued at approximately $756,408,072.73. Hartford Financial Management Inc. now owns 3,461 shares of the retailer’s stock worth $249,000 after buying an additional 200 shares during the period. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.57% with $1.39 Billion sitting short, betting on future declines. They issued a “market perform” rating and a $71.00 price objective for the company.

“Wal-Mart’s long string of investments in labor and e-commerce, including acquisitions, are enabling modest market share gains“, John Zolidis, Director Equity Research with the Buckingham Research Group told Reuters. Wal-Mart Stores Inc (NYSE:WMT) has risen 6.00% since April 19, 2017 and is uptrending. Quotient Investors LLC purchased a new position in Wal-Mart Stores during the first quarter worth $594,000. Bank of America Corp upgraded shares of Wal-Mart Stores from a “neutral” rating to a “buy” rating and raised their price objective for the company from $76.00 to $88.00 in a research report on Wednesday, February 22nd. Finally, Courier Capital LLC boosted its position in Wal-Mart Stores by 0.8% in the first quarter. Brighton Jones LLC now owns 5,963 shares of the retailer’s stock worth $430,000 after buying an additional 786 shares during the period. The stock presently has an average rating of “Hold” and an average target price of $77.54. The stock is trading $73.21 its 50-day moving average by -4.33%. Proficio Capital Partners LLC now owns 28,529 shares of the retailer’s stock worth $2,058,000 after buying an additional 95 shares during the last quarter. The firm has a market cap of $239.07 billion, a PE ratio of 17.89 and a beta of 0.09.

Among 32 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 14 have Buy rating, 2 Sell and 16 Hold.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Transcript Daily and is the property of of Transcript Daily. Institutional investors and hedge funds own 29.69% of the company’s stock. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in Wal-Mart Stores by 187.2% in the first quarter. Fort Point Capital Partners LLC now owns 4,663 shares of the retailer’s stock valued at $336,000 after buying an additional 20 shares during the last quarter.

According to Wal-Mart CEO Doug McMillon, on an earnings conference call, Thursday, “Inside the company we can see that we’re moving faster to combine our digital and physical assets to make shopping easier and more enjoyable for customers, but we can also see plenty of room to improve”. Revenue was $117.54 billion, just shy of the $117.63 billion analysts had expected.

In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 3,000,000 shares of the stock in a transaction dated Thursday, March 16th. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of global copyright laws. Opaleye Management Inc sold 135,000 shares as Foamix Pharmaceuticals Ltd (FOMX)’s stock 0.00%. Following the completion of the sale, the insider now owns 6,748,580 shares of the company’s stock, valued at $476,044,833.20. The stock was sold at an average price of $71.79, for a total transaction of $314,105,443.23. During the same period in the previous year, the business earned $0.98 earnings per share.

WMT has been the subject of a number of other reports. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The disclosure for this sale can be found here. Brown Advisory Limited Liability Corporation accumulated 8,910 shares or 0.17% of the stock.

Wal-Mart, like other traditional retailers, has played catch-up to Amazon and other internet companies. US comparable-store sales – excluding the impact of fuel prices – edged up 1.4%, driven by a 1.5% increase in traffic. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

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