Wal-Mart Stores (WMT) PT Set at $103.00 by UBS Group

UBS Group set a $103.00 target price on Wal-Mart Stores (NYSE:WMT) in a report issued on Thursday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the retailer’s stock.

Other equities research analysts have also recently issued research reports about the stock. Jefferies Group set a $105.00 price target on shares of Wal-Mart Stores and gave the stock a buy rating in a research report on Tuesday, November 14th. KeyCorp set a $100.00 price target on shares of Wal-Mart Stores and gave the stock a buy rating in a research report on Monday, November 13th. Barclays set a $100.00 price target on shares of Wal-Mart Stores and gave the stock a buy rating in a research report on Monday, November 13th. Zacks Investment Research raised shares of Wal-Mart Stores from a hold rating to a buy rating and set a $112.00 price target for the company in a research report on Monday, November 20th. Finally, Cowen reaffirmed a buy rating and issued a $110.00 price target on shares of Wal-Mart Stores in a research report on Wednesday, November 22nd. Sixteen analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. Wal-Mart Stores has a consensus rating of Buy and a consensus target price of $102.15.

Shares of Wal-Mart Stores (NYSE:WMT) opened at $92.77 on Thursday. Wal-Mart Stores has a 52-week low of $69.33 and a 52-week high of $109.98. The firm has a market cap of $274,820.00, a P/E ratio of 28.99, a PEG ratio of 3.25 and a beta of 0.42. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.76 and a quick ratio of 0.19.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.04). Wal-Mart Stores had a return on equity of 16.85% and a net margin of 1.97%. The business had revenue of $135.15 billion during the quarter, compared to analysts’ expectations of $133.63 billion. During the same period in the previous year, the company posted $1.30 EPS. Wal-Mart Stores’s revenue for the quarter was up 4.2% on a year-over-year basis. research analysts expect that Wal-Mart Stores will post 4.89 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Shareholders of record on Friday, December 7th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $2.08 dividend on an annualized basis and a yield of 2.24%. Wal-Mart Stores’s payout ratio is 63.75%.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 2,065 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $96.99, for a total transaction of $200,284.35. Following the transaction, the insider now owns 19,060 shares in the company, valued at approximately $1,848,629.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director S Robson Walton sold 1,169,848 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $96.89, for a total transaction of $113,346,572.72. Following the transaction, the director now owns 3,345,065 shares in the company, valued at approximately $324,103,347.85. The disclosure for this sale can be found here. Insiders have sold a total of 7,635,405 shares of company stock worth $742,168,245 in the last 90 days. 51.39% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of WMT. Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of Wal-Mart Stores in the fourth quarter worth $105,000. Lenox Wealth Advisors Inc. increased its stake in shares of Wal-Mart Stores by 13,287.5% in the fourth quarter. Lenox Wealth Advisors Inc. now owns 1,071 shares of the retailer’s stock worth $106,000 after acquiring an additional 1,063 shares during the period. Thompson Davis & CO. Inc. increased its stake 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 acquiring an additional 1,252 shares during the period. We Are One Seven LLC acquired a new stake in shares of Wal-Mart Stores in the fourth quarter worth $123,000. Finally, Cerebellum GP LLC acquired a new stake in shares of Wal-Mart Stores in the fourth quarter worth $127,000. Institutional investors and hedge funds own 30.33% of the company’s stock.

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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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