Here is the rundown on market activity for Wal-Mart Stores, Inc. Common St (NYSE:WMT). S. Robson Walton, Director sold $259,479,088 worth of shares at a price of $79.14 on June 8th. Walton now owns $9,262,556,996 of stock as recorded in a recent Form 4 SEC filing. S. Robson Walton, Director let go of $255,961,717 worth of shares at a price of $79.46 on Tue the 6th. That brings the Director’s holdings to $9,560,538,125 per an SEC filing yesterday.
S. Robson Walton, Director sold $114,078,193 worth of shares at a price of $78.37 on Wed the 31st. That brings Walton’s holdings to $9,681,841,085 as reported to the SEC.
Wal-Mart Stores, Inc., launched on October 31, 1969, is involved in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes the Business’s mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail. The Walmart International segment consists of the Business’s operations outside of the United States, including various retail Websites. The Sam’s Club segment includes the warehouse membership clubs in the United States, as well as samsclub.com..
Here are a few additional firms who have increased or decreased their stake in (WMT). As of the end of the quarter Cpcm, LLC had acquired 583 shares growing its holdings by 11.7%. The value of the investment in (WMT) went from $304,000 to $400,000 a change of $96,000 quarter over quarter. As of quarter end Clearbridge Investments, LLC had sold a total of 1,135,246 shares trimming its stake by 24.7%. The value in dollars decreased from $318,323,000 to $250,126,000 a change of 21.4% quarter to quarter.
As of quarter end Ifm Investors Pty Ltd had acquired a total of 11,604 shares growing its position 58.1%. The value of the investment in WMT increased from $1,380,000 to $2,276,000 increasing 64.9% since the last quarter. Piedmont Investment Advisors LLC trimmed its position by selling 154,733 shares a decrease of 16.6% from 12/31/2016 to 03/31/2017. Piedmont Investment Advisors LLC now controls 777,057 shares worth $56,010,000. The total value of its holdings decreased 13.0%.
On May 19 the company was changed to a “Market Perform” according to a BMO Capital report a boost from the previous “Underperform” rating. On October 21 analysts at PiperJaffray issued its first research report on the stock with an initial rating of “Neutral”.
On October 3 Deutsche Bank kept the stock rating at “Hold” but raised the price target from $64.00 to $75.00. On September 30, 2016 Guggenheim Securities initiated coverage on WMT giving it an initial rating of “Overweight” and price target of $90.00.
Equity analyst KeyBanc added the stock to its research portfolio setting a rating of “Overweight” and setting a price target of $90.00. Equity analyst Barclays raised the price target and upgraded the stock on September 23 changing the price objective from $70.00 to $87.00 and altering the rating from “Equal-weight” to “Overweight”.
The company is trading up from yesterday’s close of $78.94. Wal-Mart Stores, Inc. Common St also recently declared a dividend for shareholders payable on Tuesday the 5th of September 2017. The dividend payment will be $0.510 per share for the quarter which comes to $2.04 on an annualized basis. This dividend amount will represent a yeild of $2.58. The ex-dividend date is set for Wednesday the 10th of May 2017.
The stock last traded at $79.42 which is just over the 50 day moving average of $76.98 and a bit higher than the 200 day moving average of $71.71. The 50 day moving average was up by +3.17% whereas the 200 day moving average was up $7.71 or +10.75%.
The company’s P/E ratio is 18.03 and market capitalization is 241.04B. In the last earnings report the EPS was $4.40 and is estimated to be $4.36 for the current year with 3,035,000,000 shares outstanding. Next quarter’s EPS is expected be $0.98 and the next full year EPS is anticipated to be $4.60.