Wal-Mart Stores, Inc. (NYSE:WMT)‘s stock had its “market weight” rating reaffirmed by equities researchers at BMO Capital Markets in a note issued to investors on Thursday.

A number of other research firms also recently commented on WMT. Wells Fargo & Company restated a “hold” rating on shares of Wal-Mart Stores in a research note on Sunday, June 4th. BidaskClub upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Morningstar, Inc. restated a “neutral” rating on shares of Wal-Mart Stores in a research note on Wednesday, August 2nd. Vetr downgraded shares of Wal-Mart Stores from a “sell” rating to a “strong sell” rating and set a $64.26 price objective for the company. in a research note on Monday, July 17th. Finally, Citigroup Inc. increased their price objective on shares of Wal-Mart Stores from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 15th. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $80.25.

Wal-Mart Stores (WMT) traded down 0.14% during trading on Thursday, reaching $79.75. The company’s stock had a trading volume of 6,938,797 shares. The company’s 50 day moving average price is $79.78 and its 200 day moving average price is $75.95. The company has a market cap of $239.89 billion, a P/E ratio of 19.16 and a beta of 0.30. Wal-Mart Stores has a 52 week low of $65.28 and a 52 week high of $81.99.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The company had revenue of $123.40 billion during the quarter, compared to the consensus estimate of $121.86 billion. During the same period in the prior year, the business posted $1.07 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts anticipate that Wal-Mart Stores will post $4.38 earnings per share for the current fiscal year.

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In related news, major shareholder Alice L. Walton sold 474,042 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $80.04, for a total transaction of $37,942,321.68. Following the sale, the insider now owns 10,048,580 shares in the company, valued at approximately $804,288,343.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David Cheesewright sold 25,729 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $76.65, for a total transaction of $1,972,127.85. The disclosure for this sale can be found here. Insiders have sold 7,948,971 shares of company stock worth $628,583,326 over the last ninety days. Insiders own 51.39% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Winfield Associates Inc. boosted its position in shares of Wal-Mart Stores by 5.8% during the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after acquiring an additional 75 shares in the last quarter. TrimTabs Asset Management LLC boosted its position in shares of Wal-Mart Stores by 89.2% during the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after acquiring an additional 696 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its position in shares of Wal-Mart Stores by 3.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after acquiring an additional 45 shares in the last quarter. Thompson Davis & CO. Inc. boosted its position in shares of Wal-Mart Stores by 456.9% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after acquiring an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC boosted its position in shares of Wal-Mart Stores by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after acquiring an additional 7 shares in the last quarter. Institutional investors and hedge funds own 30.21% 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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