Walmart is upping its holiday game this year, here's how

Walmart is upping its holiday game this year, here's how”

August 15 investment analysts at Citigroup held the stock rating at "Neutral" but raised the price target to $80.00 from $69.00. Jefferies Group also issued estimates for Wal-Mart Stores' Q4 2017 earnings at $1.37 EPS, FY2017 earnings at $4.37 EPS, Q1 2018 earnings at $1.02 EPS, Q2 2018 earnings at $1.10 EPS, Q3 2018 earnings at $1.02 EPS, Q4 2018 earnings at $1.49 EPS, FY2019 earnings at $4.93 EPS and FY2020 earnings at $5.50 EPS.

On July 14 the company was changed to "Buy" by Goldman Sachs which was a boost from the previous "Neutral" rating. The ex-dividend date is set for Wednesday the 9th of August 2017. The firm's 50 day moving average price is $82.57 and its 200 day moving average price is $78.86. BlackRock Institutional Trust Company N.A. now owns 41,912,723 shares of the retailer's stock valued at $3,022,746,000 after buying an additional 1,910,016 shares during the last quarter. The business had revenue of $123.40 billion for the quarter, compared to analysts' expectations of $121.86 billion. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. Analysts expect next quarter's EPS to be $1.33 and the next full year EPS is anticipated to be $4.63. The company's revenue for the quarter was up 2.1% compared to the same quarter a year ago. As of the latest earnings report the EPS was $4.16 and is estimated to be $4.37 for the current year with 2,987,201,000 shares outstanding. The legal version of this piece can be read at Highstreet Asset Management Inc. claims 58,661 shares with a value of $4,584,000. Winfield Associates Inc. boosted its stake in Wal-Mart Stores by 5.8% during the second quarter. Clarkston Capital Partners, LLC grew its investment by buying 1,450 shares an increase of 0.5%. Also, insider Steven P. Whaley sold 1,100 shares of the company's stock in a transaction on Friday, August 26th. Following the transaction, the insider now directly owns 6,748,580 shares in the company, valued at approximately $536,309,652.60. Highstreet Asset Management Inc. cut its stake by selling 1,450 shares a decrease of 2.7% from 06/30/2017 to 09/30/2017.

Clarkston Capital Partners, LLC says it increased its stake in Wal-Mart Stores, 0.5% in its quarterly SEC filing.

As of the end of the quarter Clarkston Capital Partners, LLC had acquired a total of 1,609 shares growing its position 0.5%. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in Wal-Mart Stores by 3.3% during the second quarter.

Investors are more bearish on shares of the company lately if you look at the uptick in short interest.

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