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Published: Sun, January 14, 2018
Economy | By Melissa Porter

Advisor Group Inc. Buys 14728 Shares of Wal-Mart Stores, Inc. (WMT)

Advisor Group Inc. Buys 14728 Shares of Wal-Mart Stores, Inc. (WMT)

The institutional investor held 15,016 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.22 million, down from 20,120 at the end of the previous reported quarter. The stock decreased 2.49% or $1.4 during the last trading session, reaching $54.83. Another trade for 25,000 shares valued at $6.13M was made by SCHWARTZ HARVEY M on Friday, October 20. Illinois Tool Works Inc. It has outperformed by 22.53% the S&P500. The company has market cap of $21.55 billion. Its down 20.21% from 3.95 million shares previously. Gabalex Capital Management Llc who had been investing in Wal for a number of months, seems to be bullish on the $296.30B market cap company. The stock increased 0.36% or $0.11 during the last trading session, reaching $30.66. Following the sale, the insider now owns 6,748,580 shares in the company, valued at approximately $660,146,095.60. Robert W. Baird set a $80.00 target price on shares of Wal-Mart Stores and gave the stock a "buy" rating in a research note on Saturday, November 19th. It has underperformed by 2.87% the S&P500. The shares were sold at an average price of $96.39, for a total transaction of $79,677,612.63. Old Mutual Global Investors UK Ltd. now owns 2,058,798 shares of the retailer's stock valued at $160,874,000 after purchasing an additional 1,158,519 shares during the period. Its up 0.17, from 0.7 in 2017Q2. It dived, as 32 investors sold KKR shares while 84 reduced holdings. 115 funds opened positions while 384 raised stakes. Tortoise Mgmt reported 0% stake. In order to determine directional movement, the 50-day and 200-day moving averages for Wal-Mart Stores, Inc. (NYSE:WMT) by 12.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Private Advisor Gru Ltd Liability Corporation invested in 70,028 shares or 0.03% of the stock. Toth Financial Advisory Corporation has invested 0.9% in Wal-Mart Stores, Inc. Guggenheim Cap Limited Liability Com has invested 0.13% of its portfolio in Aflac Incorporated (NYSE:AFL). (NYSE:WMT). Shine Inv Advisory stated it has 0% of its portfolio in Wal-Mart Stores, Inc. (NYSE:ITW). Webster National Bank N A owns 1,516 shares or 0.03% of their USA portfolio. Provise Management Grp Limited Liability Company invested in 10,215 shares. (NYSE:WMT) for 40,000 shares. (NYSE:WMT) for 6,789 shares. During the same quarter in the prior year, the firm posted $0.98 earnings per share. (NYSE:WMT) has a Shareholder Yield of 0.054753 and a Shareholder Yield (Mebane Faber) of 0.05842. TGT is the cheaper of the two stocks on an earnings, book value and sales basis. $73,474 worth of First Merchants Corporation (NASDAQ:FRME) shares were sold by HARDWICK MARK K. Hudock Capital Group LLC now owns 1,847 shares of the retailer's stock worth $139,000 after buying an additional 7 shares in the last quarter. Sumitomo Mitsui Trust Holding owns 4.78 million shares or 0.53% of their U.S. portfolio. (NYSE:NRZ). 115,000 were reported by Scoria Ltd Partnership. Reilly Advisors Lc holds 23,330 shares or 0.27% of its portfolio. FB's profit will be $5.64B for 24.20 P/E if the $1.94 EPS becomes a reality.

When we look at the Analyst Recommendations of the stock, the company has 2.17 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 6% are positive. The firm earned "Sell" rating on Thursday, September 3 by Goldman Sachs. As per Wednesday, October 11, the company rating was maintained by Cowen & Co. The stock has "Neutral" rating by Compass Point on Wednesday, May 18. The rating was maintained by M Partners on Friday, February 19 with "Neutral".

This latest development follows Walmart's announcement that it was raising the starting wage rate for associates and offering a one-time bonus and new maternity and parental benefits, moves somewhat overshadowed by the company's unexpected decision to close 63 Sam's Clubs - some immediately - and convert "up to 12" to ecommerce fulfillment centers. The stock of Aetna Inc. The rating was initiated by DA Davidson with "Buy" on Thursday, July 21. As per Friday, October 13, the company rating was maintained by BMO Capital Markets.

The retailer has been cutting costs and pruning stores as it frees up money to invest in an e-commerce push to fend off Amazon.com Inc.

Payden & Rygel increased Crown Castle Intl Corp (NYSE:CCI) stake by 29,400 shares to 123,000 valued at $12.30M in 2017Q3. (NYSE:WMT) shares. Gearhart Jeffrey J had sold 9,216 shares worth $727,698. WMT has a 1-week performance of 0.48%. Canney Jacqueline P sold $125,299 worth of stock.

To have technical views, liquidity ratio of a company calculated as 0.80 to match up with its debt to equity ratio of 0.66. (NYSE:WMT) for 184,012 shares.

Analysts await Wal-Mart Stores, Inc. (NYSE:AET) to report earnings on January, 30. The retailer reported $1.00 EPS for the quarter, beating the Zacks' consensus estimate of $0.97 by $0.03. Therefore 58% are positive. Wal-Mart Stores has a 52-week low of $65.28 and a 52-week high of $102.35. L.P. (NYSE:KKR) on Wednesday, January 10 with "Buy" rating. The company was upgraded on Friday, August 11 by Stephens. It closed 154 U.S. Wal-Mart stores in 2016 and has since slowed openings, while buying a series of online retailers including Jet.com. (NYSE:WMT) rating on Sunday, August 23. Macquarie Research has "Neutral" rating and $67 target. On Friday, August 11 the stock rating was maintained by Jefferies with "Buy". The Beck Capital Management Llc holds 28,222 shares with $2.21 million value, up from 18,275 last quarter. $166.15M worth of Wal-Mart Stores, Inc. JP Morgan maintained the stock with "Overweight" rating in Thursday, April 7 report. The firm earned "Hold" rating on Monday, May 16 by Deutsche Bank. The firm now has a buy rating on the retailer's stock. Lasser estimates that will shave as much as 10 cents off the retailer's earnings-per-share figure, "all else being equal". The firm earned "Outperform" rating on Wednesday, October 18 by Credit Suisse.

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