-7.08 % to Target, Morgan Stanley Reaffirms ‘Equal-Weight’ Rating on Wal-Mart Stores (NYSE:WMT) Shares Today

November 21, 2017 - By Jacob Falcon

  7.08 % to Target, Morgan Stanley Reaffirms ‘Equal Weight’ Rating on Wal Mart Stores (NYSE:WMT) Shares Today

Investors sentiment increased to 1.02 in Q2 2017. Its up 0.13, from 0.89 in 2017Q1. It improved, as 59 investors sold Wal-Mart Stores Inc shares while 517 reduced holdings. 129 funds opened positions while 457 raised stakes. 877.29 million shares or 0.13% more from 876.16 million shares in 2017Q1 were reported.

Hodges Capital owns 0.09% invested in Wal-Mart Stores Inc (NYSE:WMT) for 20,013 shares. Diversified Investment Strategies Ltd reported 3.99% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). 17,630 are owned by Grisanti Capital Mgmt Ltd Liability. 35,748 are owned by Gargoyle Advisor Limited Co. Adams Asset Advsr Ltd owns 0.83% invested in Wal-Mart Stores Inc (NYSE:WMT) for 74,740 shares. Natixis has invested 0.01% in Wal-Mart Stores Inc (NYSE:WMT). Stewart & Patten Limited Liability Corporation holds 0.07% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT) for 5,252 shares. Wg Shaheen And Assoc Dba Whitney And reported 0.31% stake. Triangle Securities Wealth owns 10,507 shares or 0.53% of their US portfolio. Mitchell Mcleod Pugh Williams accumulated 9,781 shares. Lee Danner & Bass, a Tennessee-based fund reported 91,934 shares. Stock Yards Natl Bank Com invested in 11,697 shares. Lucus Advisors Ltd Liability holds 0.48% or 4,706 shares in its portfolio. Hengehold Cap Management Llc has invested 0.62% in Wal-Mart Stores Inc (NYSE:WMT). Inv Centers Of America accumulated 24,970 shares.

Since May 22, 2017, it had 0 insider purchases, and 15 sales for $2.87 billion activity. $114.04M worth of Wal-Mart Stores Inc (NYSE:WMT) was sold by WALTON S ROBSON. Canney Jacqueline P sold $104,113 worth of Wal-Mart Stores Inc (NYSE:WMT) on Tuesday, May 23. $114.04 million worth of Wal-Mart Stores Inc (NYSE:WMT) shares were sold by WALTON ALICE L. Gearhart Jeffrey J had sold 11,104 shares worth $868,299 on Wednesday, May 24.

Wal-Mart Stores (NYSE:WMT) Rating Reaffirmed

Morgan Stanley now has a $90 TP on shares of Wal-Mart Stores (NYSE:WMT). The TP would indicate a potential downside of -7.08 % from the last stock close price of Wal-Mart Stores (NYSE:WMT). This rating was released in an analyst report on 8 November.

Investors sentiment increased to 1.02 in Q2 2017. Its up 0.13, from 0.89 in 2017Q1. It improved, as 59 investors sold Wal-Mart Stores Inc shares while 517 reduced holdings. 129 funds opened positions while 457 raised stakes. 877.29 million shares or 0.13% more from 876.16 million shares in 2017Q1 were reported.

Hodges Capital owns 0.09% invested in Wal-Mart Stores Inc (NYSE:WMT) for 20,013 shares. Diversified Investment Strategies Ltd reported 3.99% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). 17,630 are owned by Grisanti Capital Mgmt Ltd Liability. 35,748 are owned by Gargoyle Advisor Limited Co. Adams Asset Advsr Ltd owns 0.83% invested in Wal-Mart Stores Inc (NYSE:WMT) for 74,740 shares. Natixis has invested 0.01% in Wal-Mart Stores Inc (NYSE:WMT). Stewart & Patten Limited Liability Corporation holds 0.07% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT) for 5,252 shares. Wg Shaheen And Assoc Dba Whitney And reported 0.31% stake. Triangle Securities Wealth owns 10,507 shares or 0.53% of their US portfolio. Mitchell Mcleod Pugh Williams accumulated 9,781 shares. Lee Danner & Bass, a Tennessee-based fund reported 91,934 shares. Stock Yards Natl Bank Com invested in 11,697 shares. Lucus Advisors Ltd Liability holds 0.48% or 4,706 shares in its portfolio. Hengehold Cap Management Llc has invested 0.62% in Wal-Mart Stores Inc (NYSE:WMT). Inv Centers Of America accumulated 24,970 shares.

Since May 22, 2017, it had 0 insider purchases, and 15 sales for $2.87 billion activity. $114.04M worth of Wal-Mart Stores Inc (NYSE:WMT) was sold by WALTON S ROBSON. Canney Jacqueline P sold $104,113 worth of Wal-Mart Stores Inc (NYSE:WMT) on Tuesday, May 23. $114.04 million worth of Wal-Mart Stores Inc (NYSE:WMT) shares were sold by WALTON ALICE L. Gearhart Jeffrey J had sold 11,104 shares worth $868,299 on Wednesday, May 24.

Wal-Mart Stores Inc (NYSE:WMT) Ratings Coverage

Among 35 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 16 have Buy rating, 1 Sell and 18 Hold. Therefore 46% are positive. Wal-Mart Stores Inc has $120 highest and $11 lowest target. $82.70’s average target is -14.62% below currents $96.86 stock price. Wal-Mart Stores Inc had 130 analyst reports since August 14, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Wal-Mart Stores Inc (NYSE:WMT) on Friday, November 17 with “Overweight” rating. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, November 13 report. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Hold”. M Partners maintained the stock with “Neutral” rating in Wednesday, November 18 report. As per Friday, June 9, the company rating was maintained by Credit Suisse. Jefferies maintained the shares of WMT in report on Wednesday, June 14 with “Buy” rating. On Friday, May 20 the stock rating was maintained by Nomura with “Buy”. Robert W. Baird maintained the stock with “Buy” rating in Thursday, August 24 report. The rating was maintained by Telsey Advisory Group with “Market Perform” on Wednesday, August 19. Bank of America maintained Wal-Mart Stores Inc (NYSE:WMT) rating on Tuesday, March 14. Bank of America has “Buy” rating and $88 target.

About 3.03 million shares traded. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since November 21, 2016 and is uptrending. It has underperformed by 2.87% the S&P500.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The company has market cap of $289.34 billion. The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club. It has a 25.76 P/E ratio. 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.

More notable recent Wal-Mart Stores Inc (NYSE:WMT) news were published by: Benzinga.com which released: “Mike Khouw Sees Unusual Options Activity In Walmart” on November 16, 2017, also Finance.Yahoo.com with their article: “Friday’s Vital Data: Wal-Mart Stores Inc (WMT), AT&T Inc. (T) and Micron …” published on November 17, 2017, Finance.Yahoo.com published: “It’s Not Too Late to Join the Wal-Mart Stores Inc Love Fest” on November 16, 2017. More interesting news about Wal-Mart Stores Inc (NYSE:WMT) were released by: Fool.com and their article: “Wal-Mart Stores Inc. Delivers 50% E-Commerce Growth” published on November 17, 2017 as well as Seekingalpha.com‘s news article titled: “Wal-Mart Stores (WMT) Q3 2018 Results – Earnings Call Transcript” with publication date: November 16, 2017.

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