Wal-Mart Stores (NYSE:WMT) Share Price May Be About to Change Direction; Goldman Sachs Upgrades The Company.

January 19, 2018 - By Clifton Ray

  Wal Mart Stores (NYSE:WMT) Share Price May Be About to Change Direction; Goldman Sachs Upgrades The Company.

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is flat, as 62 investors sold Wal-Mart Stores, Inc. shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported.

Park National Corporation Oh holds 24,324 shares. Ws Lllp accumulated 350,000 shares. Pinnacle Advisory Grp stated it has 0.02% in Wal-Mart Stores, Inc. (NYSE:WMT). Ing Groep Nv owns 64,351 shares. Guinness Asset Management Ltd reported 158,010 shares. 3,496 are held by Signature Fin Mngmt. Los Angeles Capital Mgmt And Equity Research Inc invested 0.33% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT). Moreover, Jackson Wealth Ltd Liability has 1.31% invested in Wal-Mart Stores, Inc. (NYSE:WMT). 20,773 are owned by Aimz Inv Advisors Limited Liability Com. Etrade Capital Llc reported 0.03% in Wal-Mart Stores, Inc. (NYSE:WMT). Loomis Sayles And Com Lp holds 4,107 shares or 0% of its portfolio. Moreover, Panagora Asset Mgmt has 0.52% invested in Wal-Mart Stores, Inc. (NYSE:WMT). Wg Shaheen And Assocs Dba Whitney And Communication reported 12,625 shares stake. Loews Corporation holds 0% or 2,875 shares in its portfolio. Nordea Investment Mngmt Ab reported 0.14% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT).

Since August 21, 2017, it had 0 insider purchases, and 18 sales for $1.67 billion activity. WALTON JIM C sold $166.15 million worth of stock or 2.12 million shares. Gearhart Jeffrey J sold 9,216 shares worth $727,698. $125,299 worth of Wal-Mart Stores, Inc. (NYSE:WMT) was sold by Canney Jacqueline P on Tuesday, September 26. WALTON S ROBSON had sold 1.65M shares worth $131.11M.

Wal-Mart Stores (NYSE:WMT) Stock Upgrade

Goldman Sachs raised shares of Wal-Mart Stores (NYSE:WMT) to a solid “Buy” rating from the previous “Neutral”. The change in rating was sent to investors in analysts report today.

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is flat, as 62 investors sold Wal-Mart Stores, Inc. shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported.

Park National Corporation Oh holds 24,324 shares. Ws Lllp accumulated 350,000 shares. Pinnacle Advisory Grp stated it has 0.02% in Wal-Mart Stores, Inc. (NYSE:WMT). Ing Groep Nv owns 64,351 shares. Guinness Asset Management Ltd reported 158,010 shares. 3,496 are held by Signature Fin Mngmt. Los Angeles Capital Mgmt And Equity Research Inc invested 0.33% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT). Moreover, Jackson Wealth Ltd Liability has 1.31% invested in Wal-Mart Stores, Inc. (NYSE:WMT). 20,773 are owned by Aimz Inv Advisors Limited Liability Com. Etrade Capital Llc reported 0.03% in Wal-Mart Stores, Inc. (NYSE:WMT). Loomis Sayles And Com Lp holds 4,107 shares or 0% of its portfolio. Moreover, Panagora Asset Mgmt has 0.52% invested in Wal-Mart Stores, Inc. (NYSE:WMT). Wg Shaheen And Assocs Dba Whitney And Communication reported 12,625 shares stake. Loews Corporation holds 0% or 2,875 shares in its portfolio. Nordea Investment Mngmt Ab reported 0.14% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT).

Since August 21, 2017, it had 0 insider purchases, and 18 sales for $1.67 billion activity. WALTON JIM C sold $166.15 million worth of stock or 2.12 million shares. Gearhart Jeffrey J sold 9,216 shares worth $727,698. $125,299 worth of Wal-Mart Stores, Inc. (NYSE:WMT) was sold by Canney Jacqueline P on Tuesday, September 26. WALTON S ROBSON had sold 1.65M shares worth $131.11M.

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

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 18 have Buy rating, 0 Sell and 19 Hold. Therefore 49% are positive. Wal-Mart Stores Inc has $120 highest and $11 lowest target. $85.88’s average target is -17.66% below currents $104.3 stock price. Wal-Mart Stores Inc had 140 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Friday, January 20. Citigroup maintained it with “Neutral” rating and $80 target in Tuesday, August 15 report. The company was maintained on Wednesday, November 15 by Oppenheimer. The firm earned “Overweight” rating on Friday, November 17 by KeyBanc Capital Markets. Credit Suisse downgraded the shares of WMT in report on Thursday, October 15 to “Neutral” rating. The rating was maintained by Robert W. Baird with “Buy” on Thursday, November 16. RBC Capital Markets maintained the shares of WMT in report on Friday, August 19 with “Underperform” rating. Bank of America upgraded the shares of WMT in report on Wednesday, February 22 to “Buy” rating. RBC Capital Markets upgraded Wal-Mart Stores, Inc. (NYSE:WMT) on Wednesday, November 29 to “Sector Perform” rating. Telsey Advisory Group maintained the shares of WMT in report on Friday, November 17 with “Outperform” rating.

The stock increased 1.56% or $1.6 during the last trading session, reaching $104.3. About 12.31M shares traded or 38.24% up from the average. Wal-Mart Stores, Inc. (NYSE:WMT) has risen 13.83% since January 19, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Analysts await Wal-Mart Stores, Inc. (NYSE:WMT) to report earnings on February, 20. They expect $1.36 EPS, up 4.62 % or $0.06 from last year’s $1.3 per share. WMT’s profit will be $4.03B for 19.17 P/E if the $1.36 EPS becomes a reality. After $1.00 actual EPS reported by Wal-Mart Stores, Inc. for the previous quarter, Wall Street now forecasts 36.00 % EPS growth.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company has market cap of $308.98 billion. It operates through three divisions: Walmart U.S., Walmart International, and SamÂ’s Club. It has a 27.69 P/E ratio. The firm operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, and membership-only warehouse clubs; and retail Websites, such as walmart.com and samsclub.com, as well as mobile commerce applications.

More notable recent Wal-Mart Stores, Inc. (NYSE:WMT) news were published by: Investorplace.com which released: “Wal-Mart Stores Inc Stock Is on the Comeback Trail” on January 11, 2018, also Investorplace.com with their article: “Old Issues Continue Haunting Wal-Mart Stores Inc Stock” published on January 08, 2018, Investorplace.com published: “The Bull Run in Wal-Mart Stores Inc Stock Isn’t Over Yet” on January 19, 2018. More interesting news about Wal-Mart Stores, Inc. (NYSE:WMT) were released by: Reuters.com and their article: “Top Walmart executive to be appointed International CEO: source” published on January 16, 2018 as well as Fool.com‘s news article titled: “Why 2017 Was a Year to Remember for Wal-Mart Stores Inc.” with publication date: January 15, 2018.

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