Wal-Mart Stores, Inc. (WMT) See Offhand Response As Liquid Assets Falls


Wal-Mart Stores, Inc. (WMT) See Offhand Response As Liquid Assets Falls

Its down 10.93% from 49.47 million shares, reported previously. (NYSE:WMT). Investment Counsel Inc reported 3.73% in Wal-Mart Stores, Inc. The retailer reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.97 by $0.03. BMO Capital Markets maintained Wal-Mart Stores, Inc. The company's revenue for the quarter was up 4.2% compared to the same quarter a year ago. During the same quarter in the previous year, the business posted $0.98 EPS. Oppenheimer maintained the shares of WMT in report on Wednesday, November 15 with "Buy" rating. Telsey Advisory Group lowered their target price on shares of Wal-Mart Stores from $108.00 to $96.00 and set an "outperform" rating for the company in a research note on Friday, November 17th. BidaskClub raised shares of Wal-Mart Stores from a "buy" rating to a "strong-buy" rating in a research note on Friday, August 11th. Of the analysts surveyed by Reuters that track Wal-Mart Stores, Inc.

Is Wal-Mart Stores, Inc. The Illinois-based Pekin Singer Strauss Asset Mngmt Il has invested 0.41% in Wal-Mart Stores, Inc.

Other hedge funds also recently bought and sold shares of the company. The analysts, on average, are forecasting a $124.33 price target, but the stock is already up 17.4% from its recent lows.

Marsico Capital Management Llc increased Treehouse Foods Inc (NYSE:THS) stake by 19,302 shares to 149,678 valued at $12.23M in 2017Q2. The firm has a market capitalization of $238.55 billion, a price-to-earnings ratio of 17.85 and a beta of 0.09. Northern Technologies International Corporation's current price of $20.51 translates into 0.49% yield. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $120.

Wal-Mart Stores, Inc. (NYSE:WMT) has a market cap of $293.23 billion and over the last 12 months, WMT has risen by 39.88%. This repurchase authorization permits the retailer to purchase shares of its stock through open market purchases. (NYSE:WMT) has "Neutral" rating given on Wednesday, November 18 by M Partners. The shares were sold at an average price of $99.29, for a total value of $119,148.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP David Chojnowski sold 684 shares of the business's stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $70.50, for a total transaction of $211,500,000.00. The disclosure for this sale can be found here. Following the completion of the transaction, the insider now directly owns 21,125 shares in the company, valued at approximately $1,668,875. 129 funds opened positions while 457 raised stakes. In related news, Director S Robson Walton sold 1,321,340 shares of Wal-Mart Stores stock in a transaction that occurred on Monday, May 22nd. Over the last 90 days, insiders sold 14,419,109 shares of company stock valued at $1,366,198,547. The stock of Wal-Mart Stores, Inc. LLBH Private Wealth Management LLC now owns 7,843 shares of the retailer's stock worth $594,000 after buying an additional 24 shares during the period.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It also upped Teva Pharmaceutical Inds Ltd (NYSE:TEVA) stake by 79,300 shares and now owns 294,495 shares. Finally, Hudock Capital Group LLC grew its holdings in Wal-Mart Stores by 0.4% during the 2nd quarter.

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Why the change? Doug McMillon, Walmart president and CEO, said in a statement the move to ditch the dash and "stores" is part of the company's mission to better position itself as an omni-channel retailer, whether consumers decide to shop in stores, online, or through an app, people will now "increasingly just think of and see one Walmart". It operates through three divisions: Walmart U.S., Walmart International, and SamÂ's Club.