Wal-Mart Stores (WMT) : Acropolis Investment Management scooped up 1,551 additional shares in Wal-Mart Stores during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 39,583 shares of Wal-Mart Stores which is valued at $2,646,915.Wal-Mart Stores makes up approximately 0.51% of Acropolis Investment Management’s portfolio.
Wal-Mart Stores opened for trading at $66.62 and hit $67.7 on the upside on Monday, eventually ending the session at $67.59, with a gain of 1.08% or 0.72 points. The heightened volatility saw the trading volume jump to 76,09,700 shares. Company has a market cap of $212,526 M.
Other Hedge Funds, Including , Private Wealth Partners reduced its stake in WMT by selling 500 shares or 7.75% in the most recent quarter. The Hedge Fund company now holds 5,950 shares of WMT which is valued at $397,877. Wal-Mart Stores makes up approx 0.10% of Private Wealth Partners’s portfolio.Highstreet Asset Management reduced its stake in WMT by selling 13,739 shares or 25.56% in the most recent quarter. The Hedge Fund company now holds 40,010 shares of WMT which is valued at $2,749,487. Wal-Mart Stores makes up approx 0.97% of Highstreet Asset Management’s portfolio.Carroll Financial Associates boosted its stake in WMT in the latest quarter, The investment management firm added 362 additional shares and now holds a total of 10,988 shares of Wal-Mart Stores which is valued at $755,095. Wal-Mart Stores makes up approx 0.14% of Carroll Financial Associates’s portfolio.Gulf International Bank (uk) Ltd boosted its stake in WMT in the latest quarter, The investment management firm added 1,840 additional shares and now holds a total of 479,280 shares of Wal-Mart Stores which is valued at $32,936,122. Wal-Mart Stores makes up approx 0.55% of Gulf International Bank (uk) Ltd’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 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.