Wal-Mart Stores, Inc. (WMT) Shares Sold by Cadence Capital Management LLC

Wal-Mart previously aimed to keep online and in-store prices equal for many of its most popular products unless competition drove them lower

Wal-Mart previously aimed to keep online and in-store prices equal for many of its most popular products unless competition drove them lower

Analysts are weighing in on blue chip retailer Wal-Mart Stores Inc (NYSE:WMT), consumer lending name Navient Corp (NASDAQ:NAVI), and soda giant The Coca-Cola Co (NYSE:KO). The fund owned 165,648 shares of the retailer's stock after selling 4,013 shares during the period. Karp Capital Management Corp purchased a new position in Wal-Mart Stores in the 1st quarter worth approximately $111,777,000. Chojnowski David also sold $408,070 worth of Wal-Mart Stores Inc (NYSE:WMT) on Friday, May 19. Kistler Tiffany Companies LLC increased its stake in shares of Wal-Mart Stores by 124.2% in the 2nd quarter. Finally, SRS Capital Advisors Inc. increased its position in shares of Wal-Mart Stores by 75.2% during the 1st quarter. FMR LLC now owns 17,982,372 shares of the retailer's stock valued at $1,360,906,000 after purchasing an additional 5,608,785 shares during the last quarter. First Quadrant Limited Partnership Ca has 0.89% invested in Wal-Mart Stores Inc (NYSE:WMT) for 588,600 shares. Sterneck Capital Management LLC now owns 6,588 shares of the retailer's stock valued at $475,000 after buying an additional 22 shares in the last quarter. Trust Com Of Virginia Va has invested 0.12% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). LLBH Private Wealth Management LLC now owns 7,843 shares of the retailer's stock valued at $594,000 after buying an additional 24 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: "Oppenheimer Asset Management Inc". Alliancebernstein L.P. raised its holdings in Wal-Mart Stores by 42.6% in the 2nd quarter. Kistler Tiffany Companies LLC now owns 1,910 shares of the retailer's stock worth $145,000 after acquiring an additional 1,058 shares during the last quarter.

EPS is the portion of a company's profit allocated to each exceptional share of common stock.

Shares of Wal-Mart Stores (WMT) opened at $90.99 on Friday. Benjamin F Edwards Commerce, a Missouri-based fund reported 25,098 shares. If you are viewing this story on another publication, it was stolen and reposted in violation of U.S. & worldwide trademark and copyright laws. Bright Rock Ltd Liability reported 1.79% in Wal-Mart Stores Inc (NYSE:WMT).

In other Wal-Mart Stores news, insider Rosalind G. Brewer sold 32,350 shares of the firm's stock in a transaction on Thursday, January 5th. The stock was sold at an average price of $80.44, for a total transaction of $10,427,276.32. Following the completion of the transaction, the insider now owns 245,328 shares of the company's stock, valued at $16,760,808.96.

Moon Capital Management Lp decreased Wal (WMT) stake by 77.13% reported in 2017Q2 SEC filing. Also, Director S Robson Walton sold 2,117,863 shares of the business's stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $80.20, for a total transaction of $51,835,666.00. The disclosure for this sale can be found here.

WMT has been the subject of several recent analyst reports.

Wal-Mart Stores declared that its board has authorized a share repurchase plan on Tuesday, October 10th that permits the company to repurchase $20.00 billion in shares. JPMorgan Chase & Co. set a $75.00 price objective on Wal-Mart Stores and gave the stock a "neutral" rating in a research report on Tuesday, October 4th. The stock of Wal-Mart Stores Inc (NYSE:WMT) earned "Buy" rating by Robert W. Baird on Thursday, August 24. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Wal-Mart Stores presently has a consensus rating of "Hold" and a consensus target price of $87.54. Wal-Mart Stores Inc has $100.0 highest and $55 lowest target. They anticipate the WMT stock will hit $88.33 on a short term (12 month) basis. The current trading volume of 8.42 sits 1.31% lower than the past 3 month's readings, indicating near-term traders have been less active toward WMT than usual of late. The company has a market cap of $272,100.00, a price-to-earnings ratio of 20.85, a PEG ratio of 3.39 and a beta of 0.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.18 and a current ratio of 0.78. Finally, Robert W. Baird reissued an "outperform" rating and issued a $95.00 target price (up previously from $90.00) on shares of Wal-Mart Stores in a research note on Thursday, November 9th. The retailer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.01. The business had revenue of $123.40 billion during the quarter, compared to analyst estimates of $121.86 billion. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since November 14, 2016 and is uptrending. The shares price has directed 27.74% toward a higher level throughout previous year and swapped 5.05% toward a strong spot during past one month. They expect $0.97 EPS, down 1.02% or $0.01 from last year's $0.98 per share. This repurchase authorization permits the retailer to reacquire shares of its stock through open market purchases.

For now, Yarbrough said the surging stock is an indication investors are confident in Wal-Mart's plan and the company has been a safe bet in what has otherwise been a retail "wasteland" because of Amazon's dominance.

According to the Journal, the move is part of an experiment in which Wal-Mart is seeking make its online operations more profitable and drive customers into its physical stores. Walmart ecommerce sales rose 60% in the U.S.in the most recent quarter.