Institutional Investors Are Crazy About Wal Mart Stores Inc (NYSE:WMT)

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Sentiment for Wal Mart Stores Inc (NYSE:WMT)

Wal Mart Stores Inc (NYSE:WMT) institutional sentiment increased to 1.02 in 2019 Q2. Its up 0.07, from 0.95 in 2019Q1. The ratio has improved, as 565 hedge funds increased or started new equity positions, while 552 trimmed and sold positions in Wal Mart Stores Inc. The hedge funds in our partner’s database now own: 830.68 million shares, up from 824.26 million shares in 2019Q1. Also, the number of hedge funds holding Wal Mart Stores Inc in their top 10 equity positions increased from 55 to 67 for an increase of 12. Sold All: 54 Reduced: 498 Increased: 457 New Position: 108.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company has market cap of $334.17 billion. It operates through three divisions: Walmart U.S., Walmart International, and SamÂ’s Club. It has a 26.57 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.

The stock increased 0.49% or $0.57 during the last trading session, reaching $117.49. About 4.02 million shares traded. Walmart Inc. (NYSE:WMT) has risen 24.19% since September 13, 2018 and is uptrending. It has outperformed by 24.19% the S&P500.

Analysts await Walmart Inc. (NYSE:WMT) to report earnings on November, 21. They expect $1.08 EPS, 0.00 % or $0.00 from last year’s $1.08 per share. WMT’s profit will be $3.07B for 27.20 P/E if the $1.08 EPS becomes a reality. After $1.27 actual EPS reported by Walmart Inc. for the previous quarter, Wall Street now forecasts -14.96 % negative EPS growth.

Cullinan Associates Inc holds 25.08% of its portfolio in Walmart Inc. for 3.13 million shares. Rwwm Inc. owns 388,003 shares or 11.9% of their US portfolio. Moreover, Gabalex Capital Management Llc has 7.92% invested in the company for 275,000 shares. The Washington-based Bill & Melinda Gates Foundation Trust has invested 6.47% in the stock. Hs Management Partners Llc, a New York-based fund reported 1.53 million shares.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Ratings analysis reveals 86% of Walmart’s analysts are positive. Out of 7 Wall Street analysts rating Walmart, 6 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $10700 while the high is $12800. The stock’s average target of $119.71 is 1.89% above today’s ($117.49) share price. WMT was included in 15 notes of analysts from March 20, 2019. The firm has “Overweight” rating given on Friday, August 16 by KeyBanc Capital Markets. The rating was maintained by Deutsche Bank on Friday, May 17 with “Buy”. The stock of Walmart Inc. (NYSE:WMT) earned “Overweight” rating by KeyBanc Capital Markets on Monday, June 24. The firm has “Buy” rating given on Monday, April 1 by Citigroup. The firm earned “Outperform” rating on Friday, August 16 by Raymond James. The stock has “Overweight” rating by Morgan Stanley on Monday, June 17. The stock of Walmart Inc. (NYSE:WMT) has “Overweight” rating given on Thursday, September 5 by Morgan Stanley. The stock of Walmart Inc. (NYSE:WMT) earned “Neutral” rating by UBS on Friday, May 17.

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Seekingalpha.com which released: “Walmart Q2 2020 Earnings Preview – Seeking Alpha” on August 14, 2019, also Fool.com with their article: “Kroger’s Growth Speeds Up but Still Trails Walmart’s – Motley Fool” published on September 13, 2019, Fool.com published: “Could Amazon’s One-Day Delivery Guarantee Actually Be a Big Risk? – Motley Fool” on September 13, 2019. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Seekingalpha.com and their article: “Walmart pulls back on gun sales – Seeking Alpha” published on September 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Walmart (NYSE:WMT) A Risky Investment? – Yahoo Finance” with publication date: September 06, 2019.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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