LVW Advisors LLC increased its position in Wal-Mart Stores Inc (NYSE:WMT) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,000,000 shares of the retailer's stock, valued at approximately $69,120,000.
Hedge funds and other institutional investors have recently made changes to their positions in the stock.
Wal-Mart Stores, Inc. has a consensus hold rating from 36 Wall Street analysts, and the number of shares now sold short amount to at least 2.53% of shares outstanding. US Bancorp DE now owns 1,968,718 shares of the retailer's stock valued at $141,984,000 after buying an additional 23,129 shares during the last quarter. Ngam Advisors L.P. raised its stake in shares of Wal-Mart Stores by 1.2% in the third quarter. Beta value of the stock is marked at 2.43. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer's stock worth $114,000 after buying an additional 112,511 shares during the last quarter. LLC raised its position in shares of Wal-Mart Stores by 0.4% in the third quarter.
While looking at the Stock's Performance, Wal-Mart Stores Inc. now shows a Weekly Performance of 0.6%, where Monthly Performance is -1.26%, Quarterly performance is 1.87%, 6 Months performance is -0.39% and yearly performance percentage is 6.36%. Blue Bell Private Wealth Management LLC now owns 2,576 shares of the retailer's stock worth $186,000 after buying an additional 16 shares during the last quarter. Investors measure stock performance on the basis of a company's earnings power.
Wal-Mart Stores Inc. (NYSE:WMT) has a 52-week high of $75.19 and a 52-week low of $62.72. Company's distance from 20 day simple moving average is 1.10% and distance from 50-Day simple moving average is 3.04%. The relative volume of the stock is 0.76, while its market cap is $217.4 Billion. (WMT) reported its Actual EPS of $1.3/share.
The company's expected revenue in the current quarter to be 117.76 Billion, seeing a projected current quarter growth of -2%, and per annum growth estimates over the next 5 year period of around 4.24%. Over the trailing year, the stock is underperforming the S&P 500 by 10.66, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. The company had Year Ago Sales of 115.9 Billion.
Wal-Mart Stores Inc (NYSE:WMT) opened at 71.59 on Friday. Shareholders of record on Friday, December 8th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Wednesday, December 6th. This represents a $2.04 annualized dividend and a dividend yield of 2.83%. Wal-Mart Stores's dividend payout ratio (DPR) is now 43.48%.
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A number of brokerages have recently issued reports on WMT. So is with Wal-Mart Stores, Inc. Cowen and Company reissued an "outperform" rating and set a $83.00 target price on shares of Wal-Mart Stores in a research note on Wednesday, February 22nd. Analysts set a 12-month price target of $3.32 a share. Finally, Bank of America Corp raised Wal-Mart Stores from a "neutral" rating to a "buy" rating and raised their price target for the stock from $76.00 to $88.00 in a report on Wednesday, February 22nd. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The current share price indicate that stock is -21.15% away from its one year high and is moving 17.73% ahead of its 52-week low. Also, insider Rosalind G. Brewer sold 32,350 shares of the stock in a transaction on Thursday, January 5th. The shares were sold at an average price of $68.32, for a total transaction of $2,210,152.00. Following the transaction, the insider now directly owns 245,328 shares in the company, valued at $16,760,808.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The shares were sold at an average price of $71.99, for a total transaction of $264,012,022.57. Following the transaction, the insider now directly owns 10,507,127 shares of the company's stock, valued at approximately $740,752,453.50. The disclosure for this sale can be found here.
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