Wal-Mart Stores, Inc. (NYSE:WMT)‘s stock had its “hold” rating reaffirmed by research analysts at Deutsche Bank AG in a research report issued on Tuesday. They presently have a $81.00 price target on the retailer’s stock. Deutsche Bank AG’s price target suggests a potential upside of 1.86% from the stock’s previous close.

Several other research firms also recently issued reports on WMT. J P Morgan Chase & Co set a $68.00 price target on Wal-Mart Stores and gave the company a “sell” rating in a research note on Thursday, February 23rd. Wells Fargo & Company restated a “hold” rating on shares of Wal-Mart Stores in a research report on Sunday, June 4th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $74.00 price objective on shares of Wal-Mart Stores in a research report on Monday, May 15th. Vetr upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 price objective for the company in a research report on Monday, May 15th. Finally, Zacks Investment Research upgraded Wal-Mart Stores from a “sell” rating to a “hold” rating in a research report on Tuesday, March 21st. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $78.51.

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

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.04. The business had revenue of $116.53 billion for the quarter, compared to analyst estimates of $117.01 billion. Wal-Mart Stores had a return on equity of 16.96% and a net margin of 2.79%. The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.98 EPS.

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In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 3,000,000 shares of the stock in a transaction on Thursday, March 16th. The stock was sold at an average price of $70.50, for a total value of $211,500,000.00. Following the completion of the sale, the insider now owns 10,507,127 shares in the company, valued at approximately $740,752,453.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Jim C. Walton sold 3,278,735 shares of the stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $79.00, for a total value of $259,020,065.00. Following the completion of the sale, the insider now owns 10,507,224 shares of the company’s stock, valued at approximately $830,070,696. The disclosure for this sale can be found here. Insiders sold a total of 22,980,991 shares of company stock valued at $1,787,909,476 over the last 90 days. 51.39% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the company. Lowe FS raised its stake in shares of Wal-Mart Stores by 0.6% in the third quarter. Lowe FS now owns 314 shares of the retailer’s stock worth $20,000 after buying an additional 2 shares during the last quarter. Vigilant Capital Management LLC raised its stake in shares of Wal-Mart Stores by 1,270.0% in the second quarter. Vigilant Capital Management LLC now owns 1,370 shares of the retailer’s stock worth $100,000 after buying an additional 1,270 shares during the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in shares of Wal-Mart Stores during the second quarter worth about $100,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Wal-Mart Stores during the third quarter worth about $104,000. Finally, Americafirst Capital Management LLC acquired a new stake in shares of Wal-Mart Stores during the second quarter worth about $106,000. Institutional investors and hedge funds own 30.15% 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.

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