Are Analysts Bullish about Walmart Inc. (NYSE:WMT) after last week?

April 17, 2018 - By Darrin Black

Walmart Inc. (NYSE:WMT) LogoInvestors sentiment decreased to 0.99 in 2017 Q4. Its down 0.03, from 1.02 in 2017Q3. It dropped, as 68 investors sold Walmart Inc. shares while 541 reduced holdings. 165 funds opened positions while 435 raised stakes. 865.70 million shares or 1.77% less from 881.34 million shares in 2017Q3 were reported.
Ruggie Capital Grp invested in 0.04% or 688 shares. Cypress Management Ltd Limited Liability Company accumulated 0.07% or 3,900 shares. Fragasso Gru holds 19,623 shares. Sector Pension Invest Board owns 146,242 shares. California Employees Retirement System has 3.96M shares. Washington Tru Bankshares reported 0.08% of its portfolio in Walmart Inc. (NYSE:WMT). Fincl Counselors has 131,680 shares. Baystate Wealth Mgmt Lc accumulated 10,613 shares or 0.17% of the stock. Bp Public Ltd Limited Liability Company owns 240,000 shares. King Wealth Management Grp Limited Liability Corp holds 3,308 shares or 0.12% of its portfolio. Cornerstone Invest Prtn Ltd Co has invested 0.03% in Walmart Inc. (NYSE:WMT). Maryland-based Lafayette Invs has invested 2.33% in Walmart Inc. (NYSE:WMT). Altavista Wealth Mgmt Inc owns 62,390 shares. Sterling Management holds 2.21% or 20,957 shares in its portfolio. Boston Research And Incorporated invested in 45,866 shares.

Since December 11, 2017, it had 0 buys, and 1 sale for $200,291 activity.

Walmart Inc. (NYSE:WMT) Ratings Coverage

Among 21 analysts covering Wal-Mart Stores (NYSE:WMT), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Wal-Mart Stores had 37 analyst reports since November 8, 2017 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, February 21 by JP Morgan. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, November 17. The firm earned “Buy” rating on Tuesday, November 21 by Cowen & Co. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, January 2. The stock of Walmart Inc. (NYSE:WMT) earned “Hold” rating by Stifel Nicolaus on Friday, January 12. As per Wednesday, February 21, the company rating was maintained by UBS. The firm has “Market Perform” rating given on Friday, February 23 by BMO Capital Markets. On Monday, February 12 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Neutral” rating by UBS given on Friday, November 10. Tigress Financial maintained Walmart Inc. (NYSE:WMT) on Thursday, December 7 with “Hold” rating. Below is a list of Walmart Inc. (NYSE:WMT) latest ratings and price target changes.

02/03/2018 Broker: Oppenheimer Old Rating: Outperform New Rating: Perform Old Target: $100 Downgrade
26/02/2018 Broker: Credit Suisse Rating: Neutral New Target: $102 Initiates Coverage On
26/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $106 New Target: $99 Maintain
23/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $99 New Target: $96 Maintain
22/02/2018 Broker: Stephens Old Rating: Overweight New Rating: Overweight Old Target: $117 New Target: $108 Maintain
21/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $120 New Target: $116 Maintain
21/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $99.0 Maintain
21/02/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $105 New Target: $103 Maintain
21/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $103 New Target: $98 Maintain
16/02/2018 Broker: Susquehanna Rating: Buy New Target: $126.0 Maintain

The stock increased 1.22% or $1.06 during the last trading session, reaching $87.9. About 6.78M shares traded. Walmart Inc. (NYSE:WMT) has risen 23.53% since April 17, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company has market cap of $259.37 billion. It operates through three divisions: Walmart U.S., Walmart International, and SamÂ’s Club. It has a 26.8 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.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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