Published: Fri, April 21, 2017
Business | By Max Garcia

Current Market Buzz: Wal-Mart Stores Inc. (WMT), Aurinia Pharmaceuticals Inc. (AUPH)

Current Market Buzz: Wal-Mart Stores Inc. (WMT), Aurinia Pharmaceuticals Inc. (AUPH)

The company has market cap of $748.02 million. Finally, 1st Global Advisors Inc. raised its stake in shares of Wal-Mart Stores by 4.0% in the third quarter. The compiled data also uses EPS and target price projections from analysts.

In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 3,667,343 shares of the stock in a transaction dated Monday, February 27th. Shares have risen 83.93% over the trailing 6 months. The company earned $129.75 billion during the quarter, compared to the consensus estimate of $130.22 billion. On the other side, analysts now consider Wal-Mart Stores, Inc. a neutral, and a technical analysis of the stock is setting somewhat neutral outlook for now. Comparatively, Wal-Mart Stores Inc. posted earnings of $1.04 per share in the same quarter a year ago. BKS Advisors LLC acquired a new stake in shares of Wal-Mart Stores during the third quarter worth approximately $110,000. The company's institutional ownership is monitored at 79.6 percent.

Among 31 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 13 have Buy rating, 2 Sell and 16 Hold. Overall, 6.63 Million shares exchanged hands versus its average trading volume of 8.92 Million shares. (WMT) to Market Perform with a price target of $75.

Wal-Mart Stores Inc. (WMT) has an annual dividend of $2.04, while its annual dividend yield is 2.76%. The Moving Average SMA50 is 5.28% while SMA200 is 5.63%. They expect $0.96 EPS, down 2.04% or $0.02 from last year's $0.98 per share. (WMT) reported its EPS in the last quarter as $1.3/Share beating the analyst estimate of $1.29/Share by the difference of $0.01. Wal-Mart Stores had a net margin of 2.98% and a return on equity of 17.71%. Nelson Roberts Investment Advisors LLC now owns 1,643 shares of the retailer's stock worth $118,000 after buying an additional 351 shares in the last quarter. The business's revenue for the quarter was up.8% on a year-over-year basis.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be issued a $0.51 dividend. The company was maintained on Wednesday, December 30 by Needham.

With all other things going on, Wal-Mart Stores, Inc. Bernstein Initiates Coverage On Wal-Mart Stores Inc. If you are accessing this article on another website, it was stolen and reposted in violation of global copyright & trademark legislation. Wal-Mart Stores Inc had 74 analyst reports since August 14, 2015 according to SRatingsIntel.

A number of research analysts have recently issued reports on WMT shares.

02/17/2017 - Wal-Mart Stores, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank.

With these kinds of figures it is worthy to note that Wal-Mart Stores, Inc. 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 research note on Wednesday, February 22nd. Zacks Investment Research raised Wal-Mart Stores from a "sell" rating to a "hold" rating in a research note on Tuesday, March 21st.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 5.87%, and has a solid year to date (YTD) performance of 7.95% which means the stock is constantly adding to its value from the previous fiscal year end price. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. On the bright side, the company's share price has been on the rebound, up more than 18.89% since hitting lows of $61.4 on May 18, 2016. (NYSE:WMT) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The average broker rating helps provide investors with a general feel of analyst sentiment on the stock. The disclosure for this sale can be found here. Insiders sold 15,585,041 shares of company stock valued at $1,110,035,611 in the last 90 days. The Company operates through three segments: Walmart U.S., Walmart International and Sam's Club.

Wal-Mart is continuing to invest in apparel e-commerce in a series of moves that appear to be orchestrated by the retail giant's new US e-commerce chief, Jet founder Marc Lore.

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