Wal-Mart Stores Inc (WMT) Stock Rating Reaffirmed by Sanford C. Bernstein
- Author: Zachary Reyes May 31, 2017,
May 31, 2017, 15:36
Assetmark Inc decreased Wal (WMT) stake by 39.54% reported in 2016Q4 SEC filing. Jefferies maintained the shares of AEP in report on Friday, October 23 with "Buy" rating. Bank of America maintained the shares of WMT in report on Tuesday, March 14 with "Buy" rating.
Ratings analysis reveals 0 of Kimberly-Clark's analysts are positive. Lake Street has "Buy" rating and $21 target. The firm has "Hold" rating given on Sunday, September 6 by Deutsche Bank. The rating was upgraded by Commerzbank to "Buy" on Thursday, August 27. Barclays Capital downgraded Kimberly Clark Corp (NYSE:KMB) on Monday, January 9 to "Equal Weight" rating. The stock of Invesco Ltd. (NYSE:IVZ) earned "Buy" rating by Citigroup on Thursday, September 10. The rating was maintained by RBC Capital Markets with "Underperform" on Friday, August 19. Finally, River Road Asset Management LLC boosted its stake in shares of Wal-Mart Stores by 1.4% in the third quarter.
Investors sentiment decreased to 0.87 in Q4 2016. About shares traded. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since May 31, 2016 and is uptrending.
Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Wal-Mart Stores, Inc. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.96 by $0.04. 120 were accumulated by Mitsubishi Ufj Secs Com Limited. S&P Research downgraded Wal-Mart Stores Inc (NYSE:WMT) on Thursday, October 15 to "Hold" rating. Asset Planning Services Ltd. raised its stake in shares of Wal-Mart Stores by 0.7% in the first quarter. Cowen and Company restated an outperform rating and issued a $83.00 target price on shares of Wal-Mart Stores in a research note on Wednesday, February 22nd. Capstone Asset Management stated it has 0.55% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT).
Proofpoint, Inc. (NASDAQ:PFPT) shares were trading higher by 1.44 percent ($1.27) at $89.42 a piece in Friday's session. Gardner Russo Gardner Ltd Liability Corp invested in 0.01% or 14,725 shares. California State Teachers Retirement System, a California-based fund reported 177,609 shares. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer's stock valued at $106,000 after buying an additional 696 shares during the last quarter. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since May 30, 2016 and is uptrending. The Missouri-based Acropolis Inv Mgmt Ltd Liability has invested 0.47% in Wal-Mart Stores Inc (NYSE:WMT). Opus Invest Mngmt invested in 62,000 shares.
Since January 5, 2017, it had 0 insider purchases, and 21 selling transactions for $4.31 billion activity. On Monday, May 22 the insider WALTON S ROBSON sold $202.63 million. Susquehanna Bancshares Inc began coverage on shares of Wal-Mart Stores in a research note on Friday, February 10th. The shares were sold at an average price of $79.36, for a total value of $408,069.12. TheStreet upgraded shares of Wal-Mart Stores from a "c+" rating to a "b-" rating in a research note on Thursday, February 23rd. 1,322 Wal-Mart Stores Inc (NYSE:WMT) shares with value of $104,113 were sold by Canney Jacqueline P. Gearhart Jeffrey J sold 11,104 shares worth $868,299.
Let's have a look at some of the important valuation ratios of the Wal-Mart Stores, Inc. Therefore 44% are positive. Callidus Software had 12 analyst reports since July 31, 2015 according to SRatingsIntel.
If we glance over stock price target, the analysts were fairly in stock's favor assigning high price target of 92 and average price target of 80.84.
Among 32 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 14 have Buy rating, 1 Sell and 17 Hold. RBC Capital Markets maintained it with "Underperform" rating and $67 target in Wednesday, February 22 report. The company was initiated on Tuesday, May 9 by Gordon Haskett. As per Friday, October 23, the company rating was maintained by Deutsche Bank. The firm earned "Outperform" rating on Friday, September 16 by Credit Suisse. The firm has "Overweight" rating by JP Morgan given on Friday, January 8. The rating was maintained by UBS with "Neutral" on Wednesday, August 19. Mechanics Bankshares Tru Department has invested 0.67% in Wal-Mart Stores Inc (NYSE:WMT). Wolfe Research has "Underperform" rating and $61 target. The company was maintained on Friday, November 18 by Telsey Advisory Group. The firm has "Market Perform" rating by Raymond James given on Wednesday, March 8. The rating was maintained by Bernstein on Monday, May 15 with "Neutral".
Investors sentiment increased to 1.07 in Q4 2016. Its up 0.03, from 1 in 2016Q3. Regentatlantic Capital LLC increased its position in shares of Wal-Mart Stores by 7.6% in the third quarter. 141 funds opened positions while 361 raised stakes. Tiaa Cref Investment Mngmt Limited Liability Company reported 6.76 million shares. Cincinnati Casualty Co, a Ohio-based fund reported 50,000 shares. It also reduced Vanguard Intl Equity Index F (VWO) stake by 47,417 shares and now owns 283,874 shares. 138,587 were reported by Amica Mutual Insurance Co. It is positive, as 46 investors sold USB shares while 425 reduced holdings. State Of Alaska Department Of Revenue owns 13,114 shares or 0.06% of their USA portfolio. Meritage Port Mgmt invested 0.56% of its portfolio in Invesco Ltd. (NYSE:IVZ). D Scott Neal holds 0.02% in Vectren Corp (NYSE:VVC) or 445 shares. Synovus Fincl has 10,096 shares.
Invesco Ltd.is an independent investment management company. The company has market cap of $1.47 billion. It has a 121.79 P/E ratio.