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Wal-Mart Stores Inc (WMT) Position Boosted by Peachtree Investment Advisors Inc

21 April 2017

The number of shares now held by investors is 3.03 Billion. BKS Advisors LLC purchased a new stake in shares of Wal-Mart Stores during the third quarter worth about $110,000. The company reported its last quarter on 12/31/2016.

Several sell side analysts reviewed their recommendations on Wal-Mart Stores Inc. Comparatively, Wal-Mart Stores Inc. posted earnings of $1.04 per share in the same quarter previous year. Seven Eight Capital LLC bought a new stake in Wal-Mart Stores during the second quarter valued at $111,000. The stock touched its high share price of $74.11 on 08/18/16 and the stock also touched its Lowest price in the last 52-weeks of trading on 05/18/16 as $61.40.

Wal-Mart Stores Inc. (WMT) now has a consensus Price Target of $75.04. The company's stock had a trading volume of 8,483,053 shares. There is no concrete way to calculate a price target. The legal version of this piece of content can be viewed at https://transcriptdaily.com/2017/04/19/wal-mart-stores-inc-to-post-fy2019-earnings-of-4-57-per-share-keycorp-forecasts-wmt.html. The stock was trading on below-average volume. This showed the surprise of 0.8% in the last quarter earnings. The retailer reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.01. The firm earned $118.20 billion during the quarter, compared to the consensus estimate of $118.69 billion. The Return on Investment (ROI) is at 13.4% while it's Return on Equity (ROE) value stands at 17.8%. This showed the surprise of -83.3% in the last quarter earnings. During the same period past year, the business posted $1.49 EPS.

Year to date (YTD) refers to the period beginning the first day of the current calendar or fiscal year up to the current date.

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The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. This represents a $2.04 annualized dividend and a dividend yield of 2.76%. The company was maintained on Wednesday, December 30 by Needham.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. Wal-Mart Stores has a one year low of $62.72 and a one year high of $75.19. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of global trademark & copyright legislation. Wal-Mart Stores Inc had 74 analyst reports since August 14, 2015 according to SRatingsIntel.

With these kinds of figures it is worthy to note that Wal-Mart Stores, Inc.

Basically, a price target is an individual analyst's projection on the future price of a stock. JPMorgan Chase & Co. set a $68.00 price target on Wal-Mart Stores and gave the stock a "sell" rating in a research note on Thursday, February 23rd. Zacks Investment Research downgraded Wal-Mart Stores from a "hold" rating to a "sell" rating in a research note on Wednesday, January 11th. Finally, BMO Capital Markets reiterated an "underperform" rating and issued a $72.80 target price on shares of Wal-Mart Stores in a research note on Saturday, November 19th.

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Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. Wal-Mart Stores now has an average rating of "Hold" and a consensus price target of $75.33. The stock is showing its Operating Margin of 4.7 percent. (NYSE:WMT) has been on a run - rising 8.79 percent in just three months. Zacks Research offers an Average Broker Rating on company shares. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Jim C. Walton sold 3,667,343 shares of the business's stock in a transaction that occurred on Monday, February 27th. RSI measures the speed and change of a stock price to warn investors when a stock's momentum has carried it too far. Following the transaction, the insider now owns 10,507,127 shares of the company's stock, valued at approximately $756,408,072.73. The disclosure for this sale can be found here. But even with this move, there is still plenty of room for the company to come back from a longer term perspective, and especially if we look to recent lows for the company as well.

The stock has actually made strong gains in the past year, as the company has gathered a 8.83% return in the past twelve months.

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world.

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Wal-Mart Stores Inc (WMT) Position Boosted by Peachtree Investment Advisors Inc