Wal-Mart Stores (WMT) : Amalgamated Bank reduced its stake in Wal-Mart Stores by 24.61% during the Q4 period. The investment management company now holds a total of 41,432 shares of Wal-Mart Stores which is valued at $2,773,872 after selling 13,526 shares in Wal-Mart Stores according to the most recent disclosure to the SEC.Wal-Mart Stores makes up approximately 0.34% of Amalgamated Bank’s portfolio.
Other Hedge Funds, Including , Hodges Capital Management reduced its stake in WMT by selling 255 shares or 3.72% during the fourth quarter. The Hedge Fund company now holds 6,601 shares of WMT which is valued at $441,937. Wal-Mart Stores makes up approx 0.02% of Hodges Capital Management’s portfolio.Nuance Investments boosted its stake in WMT during the Q4 period, The investment management firm added 157,770 additional shares and now holds a total of 514,813 shares of Wal-Mart Stores which is valued at $34,466,730. Wal-Mart Stores makes up approx 3.63% of Nuance Investments’s portfolio. Madison Investment Holdings Inc sold out all of its stake in WMT during the fourth quarter. The investment firm sold 241,165 shares of WMT which is valued $16,145,997.Mayo Investment Advisers reduced its stake in WMT by selling 2,500 shares or 1.28% during the fourth quarter. The Hedge Fund company now holds 193,500 shares of WMT which is valued at $12,954,825. Wal-Mart Stores makes up approx 1.35% of Mayo Investment Advisers’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. 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 .Company shares were Reiterated by MKM Partners on Nov 18, 2015 to “Neutral”, Firm has raised the Price Target to $ 63 from a previous price target of $57 .
Wal-Mart Stores closed down -0.5 points or -0.74% at $66.95 with 2,31,53,141 shares getting traded on Friday. Post opening the session at $67.48, the shares hit an intraday low of $66.75 and an intraday high of $68.03 and the price fluctuated in this range throughout the day.Shares ended Friday 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.