Wal-Mart Stores, Inc. (WMT) Position Cut by Tdam USA Inc

Marco Green
October 12, 2017

Wal-Mart Stores Inc has a 12-month low of $65.28 and a 12-month high of $79.44. The Cullinan Associates Inc holds 3.31 million shares with $250.15 million value, down from 3.35 million last quarter.

The P/E ratio is 20.60 and the market cap is 256.09B. It closed at $82 lastly. General Electric Company (NYSE:GE) has declined 4.46% since October 12, 2016 and is downtrending. It has outperformed by 10.05% the S&P500. The California-based Nelson Roberts Investment Advisors Llc has invested 2.91% in the stock. Following the sale, the director now owns 3,344,956 shares of the company's stock, valued at $262,411,798.20. During the same quarter in the prior year, the company earned $1.07 earnings per share. The stock declined 0.62% or $0.53 reaching $85.16 per share. About 359,467 shares traded. (NYSE:WMT) puts the stock on today's active list. It has underperformed by 2.87% the S&P500. Its almost 2,800 USA supermarkets have been lowering prices and exploring new ways to sell food as it battles rivals such as Wal-Mart Stores Inc (WMT), discounters Lidl and Aldi, and the newly merged Amazon-Whole Foods. Therefore 58% are positive. Wal-Mart Stores Inc had 113 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Friday, September 18 by TheStreet.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $255.06B. Wal-Mart Stores Inc has $100.0 highest and $55 lowest target. They issued a "positive" rating and a $80.00 target price on the stock. The stock has "Neutral" rating by Citigroup on Friday, May 20.

Since May 19, 2017, it had 0 insider buys, and 24 selling transactions for $4.06 billion activity. $408,070 worth of stock was sold by Chojnowski David on Friday, May 19. Cambridge Inv Research Advisors holds 0.18% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT) for 163,216 shares. The stock exchanged hands with 18,535,686 numbers of shares compared to its average daily volume of 8.35M shares.

Kroger Co (KR) declared on Wednesday that it is exploring the sale of its almost 800 convenience stores as the No. 1 USA supermarket operator strengthens its online business in a market share war that has intensified since Amazon.com Inc's (AMZN.O) purchase of Whole Foods. During the same quarter a year ago, the business earned $1.07 earnings per share. Moreover, Strs Ohio has 0.4% invested in Wal-Mart Stores Inc (NYSE:WMT) for 1.18M shares.

Cullinan Associates Inc decreased Wal (WMT) stake by 1.39% reported in 2017Q2 SEC filing.

Want to see what other hedge funds are holding WMT?

Investors sentiment increased to 1.02 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. 78 funds opened positions while 277 raised stakes. 877.29 million shares or 0.13% more from 876.16 million shares in 2017Q1 were reported. Lakeview Cap Limited Liability Corporation holds 1.1% or 17,647 shares. The retailer reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. 142,600 were reported by Laurion Capital Mgmt Limited Partnership. Finally, Susquehanna Bancshares Inc began coverage on Wal-Mart Stores in a research report on Friday, February 10th.

Grand Jean Capital Management Inc holds 5.59% of its portfolio in Alphabet Inc for 16,111 shares. Bessemer Gru has invested 0.03% in Facebook Inc (NASDAQ:FB). Nikko Asset Management Americas Inc. boosted its position in Wal-Mart Stores by 20.6% during the first quarter. Qv Inc invested in 826,433 shares. Jones Financial Cos Lllp owns 13,011 shares. Jag Capital Mgmt Ltd Liability Corp has invested 1.14% in Wal-Mart Stores Inc (NYSE:WMT).

Analysts await Wal-Mart Stores Inc (NYSE:WMT) to report earnings on November, 16. The goal of share performance is to compare managers to the interests of shareholders. Morgan Stanley holds 0.6% or 74.06M shares in its portfolio. Its down 0.03, from 1.05 in 2017Q1. Shares for $868,299 were sold by Gearhart Jeffrey J on Wednesday, May 24. 53 funds opened positions while 139 raised stakes. Wagner Bowman Mngmt Corporation accumulated 10,100 shares. Dekabank Deutsche Girozentrale holds 7,136 shares. 384,728 were accumulated by Epoch Investment Prtnrs. Excalibur Mngmt accumulated 0.34% or 5,055 shares. Rhumbline Advisers reported 284,261 shares. Fiera reported 531,346 shares. Wetherby Asset Management Inc holds 0.41% or 31,588 shares. Royal Bank & Trust Of Scotland Group Public Ltd Company stated it has 1,037 shares. Commonwealth Commercial Bank Of Aus has 1,600 shares. Guardian Investment Management has 3.35% invested in Biogen Inc (NASDAQ:BIIB). (NYSE:BR) for 524,843 shares. Provise Grp Ltd Liability Corp holds 341,966 shares or 1.4% of its portfolio. Westpac Bk reported 88,016 shares or 0% of all its holdings. Btc Mgmt owns 36,676 shares or 0.5% of their United States portfolio. Benjamin F Edwards holds 14,634 shares or 0.14% of its portfolio. More interesting news about Broadridge Financial Solutions, Inc.

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