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Wal-Mart scheduled to report Q1 earnings May 18

18 May 2017
Wal-Mart scheduled to report Q1 earnings May 18

Dividends are mostly given in terms of cash payments, property or as shares of stock.

In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 3,000,000 shares of the stock in a transaction that occurred on Thursday, March 16th. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer's stock valued at $114,000 after buying an additional 112,511 shares during the last quarter. Vantage Investment Advisors LLC now owns 2,118 shares of the retailer's stock valued at $153,000 after buying an additional 8 shares during the last quarter. St Johns Invest Mgmt Lc has 0.59% invested in Wal-Mart Stores Inc (NYSE:WMT) for 10,422 shares. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.79 on scale of 1-5. Fort Point Capital Partners LLC increased its position in shares of Wal-Mart Stores by 0.4% in the third quarter.

In related news, major shareholder Alice L. Walton sold 4,542,361 shares of Wal-Mart Stores stock in a transaction on Thursday, March 2nd. Asset Planning Services Ltd. increased its stake in Wal-Mart Stores by 0.7% in the first quarter. Carret Asset Management Llc sold 4,998 shares as Chevron Corp (CVX)'s stock rose 14.89%. Finally, Teachers Advisors LLC raised its stake in shares of Wal-Mart Stores by 1.1% in the fourth quarter. 1st Global Advisors Inc. now owns 8,922 shares of the retailer's stock worth $643,000 after buying an additional 345 shares during the period. Following the sale, the insider now owns 10,507,127 shares of the company's stock, valued at $740,752,453.50. Vetr lowered shares of Wal-Mart Stores from a buy rating to a hold rating and set a $79.40 target price on the stock.in a report on Monday, May 8th.

The 52 week high of shares in Wal-Mart Stores Inc is 77.05 while the 52 week low for the company's shares is 62.72. For the next fiscal year, analysts anticipate that the firm will post earnings of $4.57 per share, with EPS estimates ranging from $4.50 to $4.80.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, WMT earned gross profit of 120.57 Billion, in 2015 121.15 Billion gross profit, while in 2016 Wal-Mart Stores Inc. The company has a market capitalization of $227.81 billion, a P/E ratio of 17.15 and a beta of 0.09. The company's quarterly revenue was up.8% compared to the same quarter past year. Wal-Mart Stores had a return on equity of 17.71% and a net margin of 2.98%. The stock's quarterly performance indicates a Positive momentum of 12.87 percent, whereas its last one month trend is Optimistic with 3.78 percent.

About 200 products from Sam's Clubs stores will initially be available for Sam's Club customers in China to order online via JD's website, expanding to 700 this year, says Rebecca Lui, a Wal-Mart spokeswoman.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be paid a $0.51 dividend. The ex-dividend date is Wednesday, December 6th.

Annual Dividend Yield of Wal-Mart Stores Inc.

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Wal-Mart Stores (NYSE:WMT) traded down 1.55% during mid-day trading on Monday, hitting $75.11. If you are accessing this piece on another website, it was copied illegally and reposted in violation of global trademark and copyright laws. The original version of this news story can be accessed at https://transcriptdaily.com/2017/05/16/duff-phelps-investment-management-co-has-1-309-million-stake-in-wal-mart-stores-inc-wmt.html.

WMT has been the subject of a number of analyst reports. Pacific Crest cut Wal-Mart Stores to a "hold" rating in a report on Sunday. Finally, Sanford C. Bernstein reiterated a neutral rating and issued a $75.00 price objective on shares of Wal-Mart Stores in a research note on Friday.

Recently, several research firms updated their ratings on the stock. Creative Planning holds 0.09% in Wal-Mart Stores Inc (NYSE:WMT) or 221,198 shares. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has an average rating of Hold and an average target price of $76.73. The stock was sold at an average price of $71.79, for a total value of $314,105,443.23.