Lvm Capital Management Ltdmi Lowers stake in Wal-Mart Stores (WMT)

Wal-Mart Stores (WMT) : Lvm Capital Management Ltdmi reduced its stake in Wal-Mart Stores by 78.76% during the most recent quarter end. The investment management company now holds a total of 4,800 shares of Wal-Mart Stores which is valued at $323,520 after selling 17,800 shares in Wal-Mart Stores according to a report filed by the company on Apr 4, 2016 with the SEC.Wal-Mart Stores makes up approximately 0.10% of Lvm Capital Management Ltdmi’s portfolio.

Other Hedge Funds, Including , Beacon Financial Group reduced its stake in WMT by selling 7,916 shares or 47.08% in the most recent quarter. The Hedge Fund company now holds 8,898 shares of WMT which is valued at $614,496. Wal-Mart Stores makes up approx 0.13% of Beacon Financial Group’s portfolio.

On the company’s financial health, Wal-Mart Stores reported $1.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $1.44. The company had revenue of $128684.00 million for the quarter, compared to analysts expectations of $130407.04 million. The company’s revenue was down -1.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.61 EPS.

Many Wall Street Analysts have commented on Wal-Mart Stores. Wal-Mart Stores was Resumed by Barclays to “Equal Weight” on Mar 31, 2016. Company shares were Reiterated by MKM Partners on Feb 19, 2016 to “Neutral”, Firm has raised the Price Target to $ 65 from a previous price target of $63 .Company shares were Reiterated by UBS on Feb 12, 2016 to “Neutral”, Firm has raised the Price Target to $ 66 from a previous price target of $64 .

Wal-Mart Stores closed down -0.66 points or -0.97% at $67.4 with 78,65,437 shares getting traded on Monday. Post opening the session at $68.01, the shares hit an intraday low of $67.38 and an intraday high of $68.37 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Wal-Mart Stores Inc. is engaged in the operation of retail wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company’s operations are conducted in three segments: Walmart U.S. Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States Washington D.C. and Puerto Rico with three primary store formats as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail wholesale and other. The Sam’s Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico as well as digital retail.

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