Wal-Mart Stores, Inc. (NYSE:WMT) Under Analyst Spotlight

Joanna Estrada
October 23, 2017

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J Goldman & Company Lp increased American Eagle Outfitters Ne (AEO) stake by 231.84% reported in 2017Q2 SEC filing. Royal Bank Of Canada set a $76.00 target price on shares of Wal-Mart Stores and gave the stock a "sell" rating in a research report on Friday, August 4th. The institutional investor held 22,725 shares of the restaurants company at the end of 2017Q2, valued at $931,000, down from 37,950 at the end of the previous reported quarter. Headinvest Llc who had been investing in Wal for a number of months, seems to be bullish on the $261.20B market cap company. Wal-Mart Stores makes up approximately 1.2% of Rational Advisors LLC's portfolio, making the stock its 22nd biggest holding. Nexus Investment Management Inc. increased its position in shares of Wal-Mart Stores by 7.1% in the third quarter.

Shares of Wal-Mart Stores (NYSE:WMT) opened at 87.44 on Tuesday. It has underperformed by 2.87% the S&P500. Also, Director S Robson Walton sold 646,330 shares of the company's stock in a transaction dated Wednesday, August 23rd. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The firm has "Hold" rating given on Wednesday, September 16 by Canaccord Genuity. The rating was downgraded by S&P Research to "Hold" on Thursday, October 15. Maxim Group downgraded MAXIMUS, Inc. (The) set a $84.00 target price on Wal-Mart Stores and gave the company a "buy" rating in a research note on Wednesday, July 26th. The rating was maintained by Citigroup on Friday, May 20 with "Neutral". Maxim Group has "Buy" rating and $4000 target. As per Thursday, May 19, the company rating was maintained by Stifel Nicolaus. RBC Capital Markets maintained it with "Outperform" rating and $47 target in Tuesday, October 17 report. As per Wednesday, October 19, the company rating was initiated by Robert W. Baird. Jefferies maintained the stock with "Buy" rating in Tuesday, May 31 report.

Investors sentiment increased to 1.67 in Q2 2017. Its up 0.13, from 0.89 in 2017Q1. Finally, Retirement Systems of Alabama increased its position in shares of Wal-Mart Stores by 3.0% in the second quarter. 41 funds opened positions while 108 raised stakes. 160,052 were reported by Moon Cap Limited Partnership. American Interest Group Incorporated invested in 12,441 shares or 0% of the stock. State Of Alaska Department Of Revenue has 265,562 shares for 1.37% of their portfolio. Peapack Gladstone Corp reported 41,249 shares or 0% of all its holdings. Ameritas Investment Prns accumulated 3,367 shares. The dividend will be $0.510 per share for the quarter which is $2.04 annualized. 29,715 are held by Proshare Advsr. Alliancebernstein L.P. lifted its position in shares of Wal-Mart Stores by 42.6% in the 2nd quarter. Principal Finance Grp owns 140,390 shares or 0% of their U.S. portfolio. Meiji Yasuda Asset Mgmt Communication Ltd holds 34,400 shares or 0.14% of its portfolio.

First Citizens Bank & Trust Co decreased Spdr Series Trust (JNK) stake by 12,929 shares to 10,484 valued at $390,000 in 2017Q2. Renaissance Techs Limited Liability Company invested in 0.01% or 579,605 shares. The fund owned 650,819 shares of the retailer's stock after selling 144,947 shares during the quarter.

Smith Asset Management Group Lp decreased Pepsico Inc (NYSE:PEP) stake by 63,540 shares to 129,893 valued at $15.00 million in 2017Q2. Rational Advisors LLC's holdings in Wal-Mart Stores were worth $1,913,000 at the end of the most recent reporting period. Nomura Asset Mgmt reported 0.39% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). Vetr raised shares of Wal-Mart Stores from a "hold" rating to a "buy" rating and set a $73.85 target price on the stock in a research note on Monday, December 19th. Therefore 49% are positive. Analysts forecast that Wal-Mart Stores Inc will post $4.37 EPS for the current year. Stifel Nicolaus maintained it with "Hold" rating and $79.0 target in Monday, September 18 report. M Partners maintained Wal-Mart Stores Inc (NYSE:WMT) rating on Friday, February 19. The firm has "Hold" rating by Wells Fargo given on Monday, June 26.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, August 17th.

08/16/2017 - Oppenheimer began new coverage on Wal-Mart Stores, Inc. giving the company a "buy" rating. Barclays Capital upgraded the stock to "Overweight" rating in Friday, September 23 report. Chatham Cap Gru holds 0.27% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT) for 12,775 shares. As of quarter end Murphy Capital Management Inc had bought 45 shares growing its stake by 0.2%.

Investors sentiment increased to 1.02 in Q2 2017. Its up 0.47, from 1.2 in 2017Q1. It is positive, as 59 investors sold WMT shares while 517 reduced holdings. The retailer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.01. Bancorpsouth has invested 0.21% in Wal-Mart Stores Inc (NYSE:WMT). Mayo Advisers Llc holds 6,750 shares. Fny Managed Accounts Limited Com reported 555 shares. Iab Bank holds 4,425 shares or 0.16% of its portfolio. 27,727 were reported by Jarislowsky Fraser Limited. Insiders own 51.39% of the company's stock. Parametrica accumulated 7,831 shares. Dillon And stated it has 11,130 shares or 0.35% of all its holdings.

09/13/2017 - Wal-Mart Stores, Inc. had its "market weight" rating reiterated by analysts at BMO Capital Markets.

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