What’s Next for Wal-Mart Stores, Inc. After Today’s Bullish Options Activity?

 What's Next for Wal Mart Stores, Inc. After Today's Bullish Options Activity?

In today’s session Wal-Mart Stores, Inc. (WMT) registered an unusually high (630) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious WMT increase. With 630 contracts traded and 8544 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: WMT180119C00072500 closed last at: $4.5 or 1.1% up. About 1.76 million shares traded hands. Wal-Mart Stores, Inc. (NYSE:WMT) has risen 3.53% since April 12, 2016 and is uptrending. It has underperformed by 1.45% the S&P500.

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

Out of 28 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 11 rate it a “Buy”, 2 “Sell”, while 15 “Hold”. This means 39% are positive. $90 is the highest target while $55 is the lowest. The $72.99 average target is 3.37% above today’s ($70.61) stock price. Wal-Mart Stores Inc has been the topic of 64 analyst reports since August 14, 2015 according to StockzIntelligence Inc. On Friday, May 20 the stock rating was maintained by Citigroup with “Neutral”. The stock of Wal-Mart Stores, Inc. (NYSE:WMT) earned “Market Perform” rating by Telsey Advisory Group on Wednesday, August 19. The rating was upgraded by Northcoast to “Buy” on Friday, November 13. Deutsche Bank maintained Wal-Mart Stores, Inc. (NYSE:WMT) on Sunday, August 23 with “Hold” rating. M Partners maintained Wal-Mart Stores, Inc. (NYSE:WMT) rating on Friday, February 19. M Partners has “Neutral” rating and $65 price target. The rating was maintained by BMO Capital Markets with “Underperform” on Monday, August 22. The company was initiated on Tuesday, May 3 by RBC Capital Markets. Telsey Advisory Group maintained the shares of WMT in a report on Friday, August 19 with “Market Perform” rating. The stock has “Market Perform” rating given by Telsey Advisory Group on Friday, October 7. The firm has “Underperform” rating by RBC Capital Markets given on Friday, October 7.

According to Zacks Investment Research, “Wal-Mart Stores, Inc. is the world’s largest retailer. They are engaged in the operation of mass merchandising stores, which serve their customers primarily through the operation of three segments, which are the Wal-Mart Stores segment, the SAM’S Club segment and the International segment.”

Insitutional Activity: The institutional sentiment decreased to 0.9 in Q2 2016. Its down 0.14, from 1.04 in 2016Q1. The ratio worsened, as 66 funds sold all Wal-Mart Stores, Inc. shares owned while 561 reduced positions. 93 funds bought stakes while 474 increased positions. They now own 896.36 million shares or 6.70% less from 960.71 million shares in 2016Q1.
Silvercrest Asset Mgmt Ltd Liability Co has 22,492 shares for 0.02% of their US portfolio. Great Lakes Advsr Llc accumulated 0.12% or 62,322 shares. Moreover, Ssi Inv Mngmt has 0.02% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 3,453 shares. Oppenheimer & Comm last reported 221,563 shares in the company. Hikari Power accumulated 0.56% or 66,500 shares. Moreover, Cohen Lawrence B has 0.32% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 7,385 shares. Godsey & Gibb Assocs last reported 15,685 shares in the company. Amp Investors Ltd holds 0.41% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT) for 856,096 shares. Btc Cap last reported 0.67% of its portfolio in the stock. Public Sector Pension Invest Board, a Quebec – Canada-based fund reported 289,465 shares. Amer Natl Registered Advisor owns 20,383 shares or 0.69% of their US portfolio. Glg Limited Liability Company holds 0.64% or 116,233 shares in its portfolio. Linscomb And Williams Inc has 9,294 shares for 0.07% of their US portfolio. Congress Asset Mgmt Com Ma accumulated 0.01% or 3,300 shares. Paragon Mngmt Limited reported 3,064 shares or 0.12% of all its holdings.

Insider Transactions: Since June 29, 2016, the stock had 0 insider purchases, and 14 insider sales for $2.65 billion net activity. $250.14 million worth of Wal-Mart Stores, Inc. (NYSE:WMT) shares were sold by WALTON S ROBSON. WALTON ALICE L also sold $150.02M worth of Wal-Mart Stores, Inc. (NYSE:WMT) shares. Shares for $250.14M were sold by WALTON JIM C. Shares for $773,390 were sold by BREWER ROSALIND G. Whaley Steven P had sold 1,100 shares worth $78,606 on Friday, August 26.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The company has a market cap of $217.94 billion. The Firm offers an assortment of merchandise and services at everyday low prices . It has a 15.18 P/E ratio. The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club.

WMT Company Profile

Wal-Mart Stores, Inc., incorporated on October 31, 1969, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Firm offers an assortment of merchandise and services at everyday low prices (EDLP). The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in approximately 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of activities in over 27 countries outside of the United States. The Sam’s Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.

More recent Wal-Mart Stores, Inc. (NYSE:WMT) news were published by: Usnews.com which released: “Wal-Mart Stores, Inc. Declares a Price War (WMT)” on October 19, 2016. Also Fortune.com published the news titled: “Wal-Mart Stores Faces Lawsuit over Fake Egyptian Cotton Sheets” on November 08, 2016. Investorplace.com‘s news article titled: “Wal-Mart Stores, Inc. Thanksgiving Hours 2016” with publication date: November 10, 2016 was also an interesting one.

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