Walmart (NYSE:WMT) Price Target Lowered to $112.00 at UBS Group

Walmart (NYSE:WMT - Get Free Report) had its price objective dropped by equities research analysts at UBS Group from $113.00 to $112.00 in a research note issued on Friday,Benzinga reports. The firm presently has a "buy" rating on the retailer's stock. UBS Group's price target would indicate a potential upside of 18.27% from the company's previous close.

A number of other research analysts have also issued reports on WMT. Citigroup boosted their target price on shares of Walmart from $98.00 to $120.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. StockNews.com lowered shares of Walmart from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their price target on shares of Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Stifel Nicolaus boosted their price target on shares of Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a report on Tuesday, December 10th. Finally, Tigress Financial upped their price objective on shares of Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a research note on Friday, December 13th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $102.43.

Walmart Stock Down 2.6 %

Shares of NYSE:WMT traded down $2.51 during midday trading on Friday, hitting $94.70. 34,962,340 shares of the company's stock traded hands, compared to its average volume of 16,282,283. Walmart has a twelve month low of $57.77 and a twelve month high of $105.30. The company has a market cap of $760.77 billion, a PE ratio of 39.30, a P/E/G ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm's fifty day moving average price is $95.63 and its two-hundred day moving average price is $86.44.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, equities research analysts anticipate that Walmart will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $92.00, for a total value of $1,207,500.00. Following the transaction, the executive vice president now owns 579,915 shares of the company's stock, valued at approximately $53,352,180. This trade represents a 2.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the purchase, the director now directly owns 7,805 shares in the company, valued at approximately $716,577.05. The trade was a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 176,777 shares of company stock worth $16,570,112 in the last quarter. 45.58% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in Walmart during the 4th quarter worth $25,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the third quarter valued at about $26,000. Horizon Financial Services LLC grew its holdings in Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. bought a new position in Walmart during the fourth quarter worth about $27,000. Finally, Voisard Asset Management Group Inc. grew its holdings in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock worth $32,000 after purchasing an additional 174 shares during the period. Institutional investors own 26.76% of the company's stock.

About Walmart

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.