Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sees Large Increase in Short Interest

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 8,633 shares, a growth of 100.6% from the September 15th total of 4,303 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 352,100 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, HSBC downgraded shares of Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 price objective for the company. in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $42.00.

Wal-Mart de Mexico SAB de CV Price Performance

Shares of WMMVY stock opened at $25.76 on Thursday. The company’s fifty day moving average price is $27.03 and its two-hundred day moving average price is $29.29. The firm has a market capitalization of $44.56 billion, a P/E ratio of 16.10, a P/E/G ratio of 5.60 and a beta of 0.63. Wal-Mart de Mexico SAB de CV has a 12 month low of $24.80 and a 12 month high of $35.47.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its earnings results on Wednesday, July 22nd. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.02. Wal-Mart de Mexico SAB de CV had a return on equity of 21.23% and a net margin of 4.90%. The company had revenue of $14.43 billion during the quarter, compared to the consensus estimate of $14.32 billion. On average, sell-side analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.76 EPS for the current year.

Institutional Investors Weigh In On Wal-Mart de Mexico SAB de CV

An institutional investor recently raised its stake in Wal-Mart de Mexico SAB de CV stock. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 544,703 shares of the company’s stock after buying an additional 16,289 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Wal-Mart de Mexico SAB de CV were worth $16,020,000 as of its most recent SEC filing.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México, SAB. de C.V. (OTCMKTS:WMMVY), commonly known as Walmart de México y Centroamérica or Walmex, is a retail company that operates supermarkets, discount stores, membership warehouse clubs and other consumer-focused formats. It is part of Walmart Inc’s international operations.

The company sells groceries, fresh food, apparel, electronics, home goods, household supplies, personal-care products and general merchandise. Its principal store formats include Walmart and Walmart Express supermarkets, Bodega Aurrera discount stores and Sam’s Club membership warehouses.