Mount Lucas Management LP Decreased Wal (WMT) Position By $1.70 Million; Sarepta Therapeutics (SRPT) Has 1.07 Sentiment

June 19, 2017 - By Louis Casey

Mount Lucas Management Lp decreased Wal (WMT) stake by 15.51% reported in 2016Q4 SEC filing. Mount Lucas Management Lp sold 24,588 shares as Wal (WMT)’s stock rose 13.55%. The Mount Lucas Management Lp holds 133,962 shares with $9.26M value, down from 158,550 last quarter. Wal now has $217.80 billion valuation. The stock rose 0.15% or $0.11 reaching $75.35. About 12.47M shares traded or 19.44% up from the average. Wal-Mart Stores Inc (NYSE:WMT) has risen 13.83% since June 19, 2016 and is uptrending. It has underperformed by 2.87% the S&P500.

Sarepta Therapeutics, Inc. is a biopharmaceutical company. The company has market cap of $1.83 billion. The Firm focuses on the discovery and development of ribose nucleic acid -targeted therapeutics for the treatment of rare neuromuscular diseases. It currently has negative earnings. It operates through discovering, developing, manufacturing and delivering therapies to patients with Duchenne muscular dystrophy (DMD).

Mount Lucas Management Lp increased Cno Financial Group Inc stake by 46,312 shares to 94,447 valued at $1.81M in 2016Q4. It also upped Ishares 1 (SHY) stake by 89,972 shares and now owns 530,437 shares. Materials Select Sector Spdr (XLB) was raised too.

Since January 5, 2017, it had 0 insider buys, and 36 insider sales for $7.18 billion activity. WALTON ALICE L sold 3.00 million shares worth $211.50M. Canney Jacqueline P also sold $104,113 worth of Wal-Mart Stores Inc (NYSE:WMT) shares. Another trade for 2.48 million shares valued at $193.96 million was made by WALTON S ROBSON on Wednesday, May 24. WALTON JIM C had sold 3.67M shares worth $264.02 million on Friday, February 24. Another trade for 11,104 shares valued at $868,299 was made by Gearhart Jeffrey J on Wednesday, May 24. Chojnowski David sold $408,070 worth of stock or 5,142 shares. $2.21 million worth of Wal-Mart Stores Inc (NYSE:WMT) was sold by BREWER ROSALIND G on Thursday, January 5.

Among 33 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 15 have Buy rating, 1 Sell and 17 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 81 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Wolfe Research given on Saturday, August 22. Bank of America upgraded Wal-Mart Stores Inc (NYSE:WMT) on Wednesday, February 22 to “Buy” rating. The rating was maintained by Morgan Stanley on Thursday, May 19 with “Equal-Weight”. The company was initiated on Wednesday, January 25 by Wells Fargo. Deutsche Bank maintained it with “Hold” rating and $76 target in Sunday, August 23 report. Barclays Capital upgraded Wal-Mart Stores Inc (NYSE:WMT) on Friday, September 23 to “Overweight” rating. The company was maintained on Wednesday, February 22 by RBC Capital Markets. Piper Jaffray initiated the shares of WMT in report on Friday, October 21 with “Neutral” rating. Citigroup maintained the stock with “Neutral” rating in Friday, May 20 report. The firm has “Underperform” rating given on Friday, May 20 by RBC Capital Markets.

Investors sentiment decreased to 0.87 in Q4 2016. Its down 0.25, from 1.12 in 2016Q3. It dived, as 97 investors sold WMT shares while 540 reduced holdings. 77 funds opened positions while 479 raised stakes. 868.78 million shares or 0.20% more from 867.04 million shares in 2016Q3 were reported. Prescott Grp Management Ltd Liability Corp holds 0.06% or 4,000 shares. Mackenzie Finance stated it has 0.28% in Wal-Mart Stores Inc (NYSE:WMT). Mckinley Carter Wealth Ser invested 0.16% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT). Nippon Life Glob Americas Incorporated invested in 0.71% or 111,755 shares. Moreover, Hays Advisory Limited Liability Com has 0.05% invested in Wal-Mart Stores Inc (NYSE:WMT). Logan Cap Inc has invested 0.07% in Wal-Mart Stores Inc (NYSE:WMT). The Israel-based Bank & Trust Hapoalim Bm has invested 0.22% in Wal-Mart Stores Inc (NYSE:WMT). Bluemountain Cap Mngmt Limited Liability Corp owns 0.03% invested in Wal-Mart Stores Inc (NYSE:WMT) for 21,628 shares. Fincl Prtnrs Cap Ltd holds 11,925 shares. Marble Harbor Inv Counsel Limited Liability Corp reported 54,126 shares. Amer Century Cos reported 0.73% stake. Eastern Comml Bank reported 8,262 shares. Monarch Capital Mgmt Inc holds 2.68% of its portfolio in Wal-Mart Stores Inc (NYSE:WMT) for 103,803 shares. Novare Mgmt Lc invested in 0.08% or 4,675 shares. Utd Fire Gru Incorporated accumulated 3,500 shares or 0.09% of the stock.

Analysts await Sarepta Therapeutics Inc (NASDAQ:SRPT) to report earnings on July, 18. They expect $-0.91 EPS, up 32.09% or $0.43 from last year’s $-1.34 per share. After $-0.73 actual EPS reported by Sarepta Therapeutics Inc for the previous quarter, Wall Street now forecasts 24.66% negative EPS growth.

Venbio Select Advisor Llc holds 5.6% of its portfolio in Sarepta Therapeutics Inc for 1.01 million shares. Perceptive Advisors Llc owns 2.77 million shares or 5.41% of their US portfolio. Moreover, Sabby Management Llc has 3.21% invested in the company for 2.01 million shares. The Israel-based Sphera Funds Management Ltd. has invested 2.76% in the stock. Granite Point Capital Management L.P., a Massachusetts-based fund reported 60,000 shares.

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