Short Interest Watching: Could Wal Mart Stores Incorporated (NYSE:WMT) See a Reversal After More Sellers Came In?

November 21, 2016 - By Ellis Scott   ·   0 Comments

Short Interest Watching: Could Wal Mart Stores Incorporated (NYSE:WMT) See a Reversal After More Sellers Came In?

The stock of Wal Mart Stores Incorporated (NYSE:WMT) registered an increase of 11.16% in short interest. WMT’s total short interest was 31.26M shares in November as published by FINRA. Its up 11.16% from 28.12 million shares, reported previously. With 9.36 million shares average volume, it will take short sellers 3 days to cover their WMT’s short positions. The short interest to Wal Mart Stores Incorporated’s float is 2.16%. About 4.34 million shares traded hands. Wal-Mart Stores, Inc. (NYSE:WMT) has declined 1.76% since April 19, 2016 and is downtrending. It has underperformed by 5.62% the S&P500.

Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The company has a market cap of $211.80 billion. The Firm offers an assortment of merchandise and services at everyday low prices . It has a 15.01 P/E ratio. The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club.

Insitutional Activity: The institutional sentiment increased to 1.12 in Q2 2016. Its up 0.22, from 0.9 in 2016Q1. The ratio is positive, as 66 funds sold all Wal-Mart Stores, Inc. shares owned while 561 reduced positions. 93 funds bought stakes while 474 increased positions. They now own 896.36 million shares or 6.70% less from 960.71 million shares in 2016Q1.
Girard Prns Limited, a Pennsylvania-based fund reported 5,181 shares. Campbell Newman Asset holds 10,705 shares or 0.14% of its portfolio. Nationwide Fund Advisors accumulated 0.23% or 737,683 shares. Grace And White Incorporated reported 5,984 shares or 0.1% of all its holdings. Stratos Wealth Prtn, a Ohio-based fund reported 19,212 shares. Moreover, Nomura Asset Mngmt Communication Ltd has 0.52% invested in Wal-Mart Stores, Inc. (NYSE:WMT) for 383,629 shares. Kcm Invest Ltd Limited Liability Company accumulated 21,117 shares or 0.11% of the stock. Atlantic Tru Gp Ltd has invested 0.16% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT). Korea Inv reported 1.00M shares or 0.44% of all its holdings. Bragg Advisors Incorporated owns 59,407 shares or 0.78% of their US portfolio. Lynch & In holds 1.45% or 44,364 shares in its portfolio. Burney holds 67,597 shares or 0.35% of its portfolio. Cetera Advisor Networks Lc has invested 0.2% of its portfolio in Wal-Mart Stores, Inc. (NYSE:WMT). Nuance Investments Limited owns 228,164 shares or 1.72% of their US portfolio. Eaton Vance Mgmt holds 1.62M shares or 0.34% of its portfolio.

Insider Transactions: Since June 29, 2016, the stock had 0 buys, and 14 selling transactions for $2.65 billion net activity. 3.14M shares were sold by WALTON S ROBSON, worth $227.56 million. Whaley Steven P also sold $78,606 worth of Wal-Mart Stores, Inc. (NYSE:WMT) shares. On Thursday, August 25 the insider WALTON JIM C sold $250.14 million. WALTON ALICE L sold $255.75M worth of stock or 3.50M shares. Shares for $773,390 were sold by BREWER ROSALIND G on Wednesday, June 29.

Wal-Mart Stores, Inc. (NYSE:WMT) Ratings Coverage

Out of 28 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 11 rate it a “Buy”, 2 “Sell”, while 15 “Hold”. This means 39% are positive. Wal-Mart Stores Inc has been the topic of 65 analyst reports since August 14, 2015 according to StockzIntelligence Inc. Telsey Advisory Group maintained Wal-Mart Stores, Inc. (NYSE:WMT) rating on Friday, August 19. Telsey Advisory Group has “Market Perform” rating and $78 price target. The firm has “Buy” rating given on Friday, November 13 by Northcoast. Nomura maintained it with “Buy” rating and $81 target price in Friday, May 20 report. The company was maintained on Thursday, May 19 by Morgan Stanley. The rating was maintained by UBS on Wednesday, August 19 with “Neutral”. The stock has “Buy” rating given by Jefferies on Monday, June 6. The company was maintained on Friday, October 7 by RBC Capital Markets. Telsey Advisory Group maintained it with “Market Perform” rating and $75 target price in Wednesday, August 19 report. The firm earned “Underperform” rating on Saturday, August 22 by Wolfe Research. TheStreet downgraded Wal-Mart Stores, Inc. (NYSE:WMT) on Friday, September 18 to “Hold” rating.

WMT Company Profile

Wal-Mart Stores, Inc., incorporated on October 31, 1969, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Firm offers an assortment of merchandise and services at everyday low prices (EDLP). The Firm operates through three divisions: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in approximately 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 activities in over 27 countries outside of the United States. The Sam’s Club consists of membership-only warehouse clubs and operates in approximately 48 states in the United States and in Puerto Rico, as well as digital retail.

More notable recent Wal-Mart Stores, Inc. (NYSE:WMT) news were published by: Investorplace.com which released: “Wal-Mart Stores, Inc.’s (WMT) Plan to Win Black Friday? Cyber Monday.” on November 21, 2016, also Fool.com with their article: “Better Buy: Wal-Mart Stores Inc. vs. Target” published on November 18, 2016, Fool.com published: “Better Buy: Costco Wholesale Corporation vs. Wal-Mart Stores, Inc.” on November 16, 2016. More interesting news about Wal-Mart Stores, Inc. (NYSE:WMT) were released by: Blogs.Wsj.com and their article: “CFO Moves: Wal-Mart Stores, Facebook, DSW” published on November 21, 2016 as well as Investorplace.com‘s news article titled: “Buffett Bails on Wal-Mart Stores, Inc. (WMT) Stock. Should You?” with publication date: November 15, 2016.

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By Ellis Scott


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