
The stock is now showing YTD performance of 11.93 Percent.
A number of other research firms have also weighed in on WMT.
Bernstein maintained its target for shares of Wal-Mart Stores Inc as "Neutral" recommending a target price of 75 for investors; potentially meaning there is a decrease of -1.52% from Wal-Mart Stores Inc's share price of 76.16. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $74.90 on company shares. Fred Alger Management Inc. raised its stake in shares of Wal-Mart Stores by 2.1% in the fourth quarter. The stock has a consensus rating of "Hold" and a consensus target price of $76.73. The company now has an average volume of 8.3 Million. The businesses 50 day moving average is 73.85 and its 200 day moving average is 70.63. Wal-Mart Stores has a 52-week low of $62.72 and a 52-week high of $77.05. The Metropolitan Life Insurance Company holds 761,570 shares with $52.64M value, down from 784,785 last quarter.
Wal-Mart Stores Inc. (WMT) performance during the last one year Improved 16.46 percent, while its year to date (YTD) performance showed a Positive trend of 11.08 percent. Piershale Financial Group Inc. now owns 1,612 shares of the retailer's stock valued at $116,000 after buying an additional 5 shares in the last quarter. $ FOR investors, $ FORward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report.
Shares of Target fell by as much as 1.45% to $54.55 during regular trading hours on Thursday. The firm's revenue was up.8% compared to the same quarter past year.
It's Wal-Mart's latest attempt to boost growth in China since it sold its online business in the country to JD, China's No. 2 e-commerce site, in June 2016. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and worldwide trademark and copyright legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/05/15/wal-mart-stores-inc-wmt-shares-bought-by-high-point-bank-trust-co-updated-updated.html.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be issued a $0.51 dividend. The stock's Dividend Yield stands at 2.69%. The stock has "Buy" rating by Argus Research on Wednesday, December 16. Wal-Mart Stores's payout ratio is 43.48%. The stock was sold at an average price of $71.99, for a total value of $264,012,022.57. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
In other news, major shareholder Alice L. Walton sold 4,542,361 shares of the stock in a transaction on Thursday, March 2nd. Shares have risen 9.15% over the trailing 6 months. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,585,041 shares of company stock worth $1,110,035,611. Around 2.5% of the company's shares, which are float, are short sold. BKS Advisors LLC purchased a new stake in Wal-Mart Stores during the third quarter valued at about $110,000. State of Alaska Department of Revenue now owns 242,708 shares of the retailer's stock worth $17,503,000 after buying an additional 5,131 shares during the period. Finally, Nelson Roberts Investment Advisors LLC increased its stake in Wal-Mart Stores by 27.2% in the third quarter. Analyst's mean target price for WMT is $74.56 while analysts mean recommendation is 2.70. Eight analysts have issued estimates for Wal-Mart Stores' earnings. Cohen Lawrence B increased its position in shares of Wal-Mart Stores by 0.4% in the first quarter. Finally, Jefferies Group LLC restated a "buy" rating and set a $88.00 price objective (up previously from $86.00) on shares of Wal-Mart Stores in a research note on Friday. Virginia Retirement Systems ET AL now owns 878,000 shares of the retailer's stock valued at $63,321,000 after buying an additional 256,600 shares during the period.
Wal-Mart Stores, Inc. posted revenue of $130.94 billion.
Related News:
-
SSE warns of 'consequences' of price cap
SSE said the remedies proposed by the CMA, which have not yet fully been introduced, can make a real difference to consumers. The stock has fallen 5.7 percent this year, compared with an 8 percent gain in the Stoxx 600 utilities index.New 'Transformers: The Last Knight' Trailer
Will Transformers: The Last Knight , and the two planned sequels, live up to that success? Heroes will become villains. Yeager then travels to England to consult Hopkins' character about why the Transformers keep coming to Earth.The cleanest and dirtiest railway stations in India
The station notched up a score of 661.5 marks out of 1,000 while Visakhapatnam railway station secured 853.1 marks. Darbhanga railway station in Bihar was the dirtiest among the busiest stations, reported by ht. -
Gay rights supporters demonstrate in Russia's St. Petersburg
Only two have managed to secure visas while a handful have fled Russian Federation without visas. A statement in April from Human Rights Watch, however, echoed the earlier Novaya Gazeta report.Senate Intelligence Committee Wants to See Comey Memos
Jason Chaffetz, R-Utah, on Wednesday said the committee planned to invite Comey to testify during a public hearing next week. She adds that "a special prosecutor is the first step, but it can not be the last".ABC's 'The Little Mermaid' Live Musical Coming to TV in October
However, it looks like ABC is ready to give one of Disney classics the live-action treatment with a musical spin. The collaboration with Rolling Stone is the latest such joint venture between the publishing world and TV. -
Google officially launches Google Assistant for iPhone
As well as nifty new services like Google Lens , which uses your smarpthone's camera to identify objects in the real world. Android Go is set to make its appearance in 2018 and will target Android devices with memories up to and including 1 GB.NCAA Midwest Regional: New Mexico Edges Ahead
Freshman Alejandro Del Rey Gonzalez was outstanding all three days and picked the best time to have his best tournament. He regained a stroke two holes later when he birdied the par-3 13th.Listen to T-Pain's Collab Project With Lil Wayne 'T-Wayne'
Check out the best #ThrowbackThursday surprise that 2017 has to offer yet with the full T-Wayne project below. The 8-song album features T-Pizzle singing and Tunechi rapping. -
Environment minister Anil Madhav Dave passes away at 60
He has also served as the BJP state Vice President for Madhya Pradesh. "My condolences", Prime Minister Narendra Modi tweeted. BJP president Amit Shah said Dave's contribution to Indian politics and environment conservation was incredible.SNL brought back Melissa McCarthy's Sean Spicer, with added homoerotic undertones
In the sketch, Che's Holt is shocked when Baldwin-as-Trump admits to firing Comey because of the Russian Federation probe. Baldwin's Trump replies, "Only since you started working here".Snap stock plunges in U.S. following earnings report
Wednesday was the first time Snap had to report its earnings after its IPO back in March, which valued the company at $28bn. After adjusting for the expected expenses, losses of $188.2 million were reported - greater than analysts anticipated.