Stock analysts at Moffett Nathanson initiated coverage on shares of Wal-Mart Stores (NYSE:WMT) in a report issued on Monday. The brokerage set a “neutral” rating on the retailer’s stock.

Several other equities analysts have also issued reports on WMT. MKM Partners reissued a “neutral” rating on shares of Wal-Mart Stores in a research note on Tuesday, August 15th. J P Morgan Chase & Co set a $80.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a research note on Monday, August 14th. Cowen set a $86.00 target price on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Monday, August 7th. UBS reissued a “neutral” rating and set a $84.00 target price on shares of Wal-Mart Stores in a research note on Sunday, August 20th. Finally, Oppenheimer reissued a “buy” rating and set a $90.00 target price on shares of Wal-Mart Stores in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, twenty-one 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 presently has an average rating of “Hold” and a consensus target price of $92.68.

Wal-Mart Stores (NYSE WMT) traded up $0.12 on Monday, reaching $97.35. The company had a trading volume of 8,296,100 shares, compared to its average volume of 8,949,966. Wal-Mart Stores has a 1 year low of $65.28 and a 1 year high of $100.13. The company has a current ratio of 0.81, a quick ratio of 0.19 and a debt-to-equity ratio of 0.52. The firm has a market cap of $288,387.91, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 3.59 and a beta of 0.37.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.03. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The firm had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. During the same quarter in the prior year, the company earned $0.98 EPS. Wal-Mart Stores’s revenue was up 4.2% on a year-over-year basis. research analysts anticipate that Wal-Mart Stores will post 4.43 earnings per share for the current year.

Wal-Mart Stores declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, October 10th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the retailer to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 1,586 shares of Wal-Mart Stores stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now directly owns 21,125 shares in the company, valued at approximately $1,668,875. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Chojnowski sold 684 shares of Wal-Mart Stores stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $99.29, for a total value of $67,914.36. The disclosure for this sale can be found here. Insiders sold a total of 14,206,814 shares of company stock worth $1,315,588,329 over the last quarter. Company insiders own 51.39% of the company’s stock.

Several hedge funds have recently made changes to their positions in WMT. Winfield Associates Inc. lifted its holdings in shares of Wal-Mart Stores by 5.8% in the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after buying an additional 75 shares during the period. TrimTabs Asset Management LLC lifted its holdings in shares of Wal-Mart Stores by 89.2% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after buying an additional 696 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its holdings in shares of Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after buying an additional 45 shares during the period. Thompson Davis & CO. Inc. lifted its holdings in shares of Wal-Mart Stores by 456.9% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after buying an additional 1,252 shares during the period. Finally, Hudock Capital Group LLC lifted its holdings in shares of Wal-Mart Stores by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after buying an additional 7 shares during the period. Institutional investors own 30.40% of the company’s stock.

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About Wal-Mart Stores

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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