WMT Makes Bullish Cross Above Critical Moving Average
- Author: Zachary Reyes Mar 30, 2017,
Mar 30, 2017, 18:08
The firm owned 4,341,020 shares of the retailer's stock after selling 8,572 shares during the period. Franklin Resources Inc. owned about 0.14% of Wal-Mart Stores worth $300,053,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Deutsche Bank AG reiterated a "hold" rating on shares of Wal-Mart Stores in a research note on Wednesday, January 18th. The shares opened for trading at $72.25 and hit $72.37 on the upside, eventually ending the session at $71.71, with a gain of 0.36% or 0.26 points. WealthTrust Arizona LLC boosted its stake in Wal-Mart Stores by 0.5% in the third quarter. The average analysts gave this company a mean recommendation of 2.70. Canal Capital Management LLC boosted its position in shares of Wal-Mart Stores by 10.1% in the third quarter.
A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. Guardian Capital Advisors LP raised its stake in shares of Wal-Mart Stores by 3.2% in the fourth quarter. Its last month's stock price volatility remained 2.18% which for the week approaches 2.21. Piershale Financial Group Inc. increased its stake in Wal-Mart Stores by 0.3% in the third quarter. Following the sale, the insider now directly owns 245,328 shares in the company, valued at $16,760,808.96.
Wal-Mart Stores, Inc. (NYSE:WMT) can post report around 2017-05-18 for the quarter ending 2017-04-30.
Wal-Mart Stores Inc. (NYSE:WMT) has a 52-week high of $75.19 and a 52-week low of $62.72. Latest closing price was 1.61% above its 50-day moving average and -0.26% below its 200-day moving average. The firm has a market cap of $213.51 billion, a PE ratio of 15.90 and a beta of 0.09. The retailer reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.01.
02/06/2017 - Sanford C. Bernstein began new coverage on Wal-Mart Stores, Inc. giving the company a "market perform" rating. The company had revenue of $129.75 billion for the quarter, compared to analysts' expectations of $130.22 billion. The volume of 5.83 Million shares climbed up over an trading activity of 4.65 Million shares.
Wal-Mart Stores, Inc. (NYSE:WMT), stock is trading $74.11 above the 52-week high and has displayed a high EPS growth of -0.60% in last 5 years.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Wednesday, December 6th. Wal-Mart Stores's dividend payout ratio (DPR) is 43.48%. If you are reading this piece on another site, it was illegally stolen and republished in violation of USA and worldwide trademark & copyright laws. If you are reading this piece of content on another website, it was copied illegally and republished in violation of worldwide copyright and trademark legislation.
A number of brokerages have recently issued reports on WMT. Zacks Investment Research upgraded Wal-Mart Stores from a "sell" rating to a "hold" rating in a research note on Tuesday, November 29th.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, WMT earned gross profit of 120.57 Billion, in 2015 121.15 Billion gross profit, while in 2016 Wal-Mart Stores Inc. Using data provided from various analysts, shares of Commercial Metals Company (NYSE:CMC) are presently listed with an ABR of 2.75. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.84 on scale of 1-5. Following the completion of the sale, the insider now owns 10,507,127 shares of the company's stock, 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.