Is Buying Walmart Inc (NYSE:WMT) Here Good Idea?

July 16, 2018 - By Catherine Diaz

Walmart Inc. (NYSE:WMT) Logo

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.11, from 0.99 in 2017Q4. It worsened, as 100 investors sold Walmart Inc. shares while 555 reduced holdings. 128 funds opened positions while 451 raised stakes. 856.22 million shares or 1.10% less from 865.70 million shares in 2017Q4 were reported.
Mercer Capital Advisers Inc, a New Jersey-based fund reported 43,710 shares. First Heartland Consultants invested in 0.28% or 10,550 shares. Levin Strategies Limited Partnership holds 0% of its portfolio in Walmart Inc. (NYSE:WMT) for 2,620 shares. Essex Inv Management Lc holds 0.07% or 6,127 shares. Shelter Mutual Insur has 117,942 shares. Fin Professionals Incorporated holds 0.04% or 828 shares in its portfolio. Salient Trust Lta owns 142,675 shares. Farmers & Merchants Invs invested in 151,447 shares. First Republic Inv Mngmt has 0.32% invested in Walmart Inc. (NYSE:WMT). Ims Capital reported 0.96% of its portfolio in Walmart Inc. (NYSE:WMT). Van Cleef Asset Managementinc holds 0.07% of its portfolio in Walmart Inc. (NYSE:WMT) for 3,000 shares. Jfs Wealth Advsrs Limited Co holds 10,373 shares or 0.24% of its portfolio. National Pension Ser invested 0.53% in Walmart Inc. (NYSE:WMT). Jennison Assoc Ltd Liability, New York-based fund reported 2.14 million shares. Ballentine Prns Limited Liability Company holds 0.07% in Walmart Inc. (NYSE:WMT) or 13,715 shares.

Since June 5, 2018, it had 0 insider purchases, and 20 selling transactions for $1.50 billion activity. Furner John R. had sold 18,500 shares worth $1.57 million. WALTON JIM C also sold $92.97 million worth of Walmart Inc. (NYSE:WMT) on Monday, June 11. $92.97 million worth of Walmart Inc. (NYSE:WMT) was sold by WALTON S ROBSON on Monday, June 11. $676,503 worth of Walmart Inc. (NYSE:WMT) was sold by Canney Jacqueline P on Wednesday, June 6. 550,958 Walmart Inc. (NYSE:WMT) shares with value of $45.72 million were sold by WALTON ALICE L.

The stock of Walmart Inc (NYSE:WMT) registered an increase of 0.46% in short interest. WMT’s total short interest was 39.87M shares in July as published by FINRA. Its up 0.46% from 39.69M shares, reported previously. With 7.03 million shares average volume, it will take short sellers 6 days to cover their WMT’s short positions. The short interest to Walmart Inc’s float is 2.78%.

The stock decreased 0.71% or $0.625 during the last trading session, reaching $87.075. About 2.32M shares traded. Walmart Inc. (NYSE:WMT) has risen 5.30% since July 16, 2017 and is uptrending. It has underperformed by 7.27% the S&P500.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company has market cap of $256.94 billion. It operates through three divisions: Walmart U.S., Walmart International, and SamÂ’s Club. It has a 29.05 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) Ratings Coverage

Among 18 analysts covering Wal-Mart Stores (NYSE:WMT), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Wal-Mart Stores had 20 analyst reports since January 18, 2018 according to SRatingsIntel. The firm has “Accumulate” rating given on Thursday, May 17 by Gordon Haskett. The rating was maintained by Stifel Nicolaus on Wednesday, February 21 with “Hold”. The stock of Walmart Inc. (NYSE:WMT) has “Equal-Weight” rating given on Monday, February 26 by Morgan Stanley. The firm has “Buy” rating by Argus Research given on Thursday, April 19. The firm earned “Buy” rating on Thursday, May 17 by Bank of America. The stock of Walmart Inc. (NYSE:WMT) earned “Hold” rating by RBC Capital Markets on Monday, February 12. Susquehanna maintained it with “Buy” rating and $126.0 target in Friday, February 16 report. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, January 18 report. Oppenheimer downgraded the shares of WMT in report on Friday, March 2 to “Perform” rating. Stephens maintained Walmart Inc. (NYSE:WMT) rating on Thursday, February 22. Stephens has “Overweight” rating and $108 target.

Another recent and important Walmart Inc. (NYSE:WMT) news was published by Fool.com which published an article titled: “Better Buy: Walmart Inc. vs. Amazon.com” on July 15, 2018.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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