Wal-Mart Stores, Inc. (NYSE:WMT) SVP David Chojnowski sold 684 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $67,914.36. The sale was disclosed in a filing with the SEC, which is available at this link.

Wal-Mart Stores, Inc. (WMT) traded down $2.15 during midday trading on Friday, reaching $97.47. The company had a trading volume of 23,570,194 shares, compared to its average volume of 8,657,644. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $100.13. The company has a market cap of $291,162.56, a P/E ratio of 22.25, a price-to-earnings-growth ratio of 3.60 and a beta of 0.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.18.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, topping the 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 company had revenue of $122.14 billion during the quarter, compared to the consensus estimate of $120.23 billion. During the same period last year, the company earned $0.98 EPS. Wal-Mart Stores’s revenue for the quarter was up 4.2% on a year-over-year basis. equities research analysts anticipate that Wal-Mart Stores, Inc. will post 4.42 EPS for the current year.

Wal-Mart Stores announced that its board has approved a stock repurchase program on Tuesday, October 10th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the retailer to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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A number of brokerages have commented on WMT. Vetr cut shares of Wal-Mart Stores from a “hold” rating to a “sell” rating and set a $91.97 price target on the stock. in a research report on Friday. Telsey Advisory Group cut their target price on shares of Wal-Mart Stores from $108.00 to $96.00 and set an “outperform” rating on the stock in a report on Friday. Royal Bank Of Canada raised their target price on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the stock an “underperform” rating in a report on Friday. Morgan Stanley raised their target price on shares of Wal-Mart Stores from $90.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, BMO Capital Markets raised their target price on shares of Wal-Mart Stores from $91.00 to $99.00 and gave the stock a “market perform” rating in a report on Friday. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $89.87.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WMT. Ropes Wealth Advisors LLC grew its stake in shares of Wal-Mart Stores by 4.6% during the 1st quarter. Ropes Wealth Advisors LLC now owns 23,573 shares of the retailer’s stock valued at $1,699,000 after purchasing an additional 1,039 shares during the period. Security National Bank of SO Dak grew its stake in shares of Wal-Mart Stores by 2.6% during the 1st quarter. Security National Bank of SO Dak now owns 15,305 shares of the retailer’s stock valued at $1,103,000 after purchasing an additional 386 shares during the period. Cutter & CO Brokerage Inc. grew its stake in shares of Wal-Mart Stores by 2.5% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 8,067 shares of the retailer’s stock valued at $611,000 after purchasing an additional 200 shares during the period. First Personal Financial Services grew its stake in shares of Wal-Mart Stores by 5.0% during the 1st quarter. First Personal Financial Services now owns 72,719 shares of the retailer’s stock valued at $5,242,000 after purchasing an additional 3,434 shares during the period. Finally, State of Wisconsin Investment Board grew its stake in shares of Wal-Mart Stores by 23.1% during the 2nd quarter. State of Wisconsin Investment Board now owns 2,095,792 shares of the retailer’s stock valued at $158,610,000 after purchasing an additional 393,180 shares during the period. Institutional investors own 30.12% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Wal-Mart Stores (NYSE:WMT)

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