Wal-Mart Stores Inc (NYSE:WMT) has been assigned a consensus rating of “Hold” from the thirty-eight brokerages that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $81.08.

WMT has been the subject of several research reports. Goldman Sachs Group Inc restated a “neutral” rating and issued a $74.00 price objective on shares of Wal-Mart Stores in a research report on Friday, May 5th. Vetr cut shares of Wal-Mart Stores from a “buy” rating to a “hold” rating and set a $79.40 price objective for the company. in a research report on Monday, May 8th. Deutsche Bank AG raised their price objective on shares of Wal-Mart Stores from $71.00 to $81.00 and gave the company a “hold” rating in a research report on Monday, May 8th. Gordon Haskett initiated coverage on shares of Wal-Mart Stores in a research report on Tuesday, May 9th. They issued a “buy” rating and a $90.00 price objective for the company. Finally, Zacks Investment Research cut shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a research report on Thursday, May 11th.

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Shares of Wal-Mart Stores (NYSE WMT) traded down 0.60% during mid-day trading on Friday, hitting $78.07. 8,194,750 shares of the stock were exchanged. Wal-Mart Stores has a 1-year low of $65.28 and a 1-year high of $81.99. The company’s 50-day moving average is $79.04 and its 200-day moving average is $75.39. The firm has a market cap of $234.83 billion, a price-to-earnings ratio of 18.76 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. The firm had revenue of $123.40 billion during the quarter, compared to analysts’ expectations of $121.86 billion. Wal-Mart Stores had a net margin of 2.52% and a return on equity of 15.50%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.07 EPS. Equities research analysts anticipate that Wal-Mart Stores will post $4.37 earnings per share for the current fiscal year.

In related news, Director S Robson Walton sold 1,618,300 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $80.22, for a total transaction of $129,820,026.00. Following the transaction, the director now directly owns 3,344,956 shares in the company, valued at $268,332,370.32. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Jim C. Walton sold 3,278,735 shares of the business’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $79.00, for a total transaction of $259,020,065.00. Following the transaction, the insider now owns 10,507,224 shares in the company, valued at $830,070,696. The disclosure for this sale can be found here. Insiders sold 14,782,168 shares of company stock worth $1,174,355,227 over the last quarter. 51.39% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the company. Winfield Associates Inc. increased its position in shares of Wal-Mart Stores by 5.8% in the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after buying an additional 75 shares during the last quarter. TrimTabs Asset Management LLC increased its position in shares of Wal-Mart Stores by 89.2% in the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after buying an additional 696 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in shares of Wal-Mart Stores by 3.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after buying an additional 45 shares during the last quarter. Asset Planning Services Ltd. increased its position in shares of Wal-Mart Stores by 0.7% in the first quarter. Asset Planning Services Ltd. now owns 1,511 shares of the retailer’s stock worth $109,000 after buying an additional 11 shares during the last quarter. Finally, Thompson Davis & CO. Inc. increased its position in shares of Wal-Mart Stores by 456.9% in the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after buying an additional 1,252 shares during the last quarter. Institutional investors and hedge funds own 29.93% of the company’s stock.

Wal-Mart Stores Company Profile

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Analyst Recommendations for Wal-Mart Stores (NYSE:WMT)

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