Walmart (NYSE:WMT) had its price objective raised by equities researchers at UBS Group from $125.00 to $130.00 in a research report issued to clients and investors on Wednesday, BenzingaRatingsTable reports. The firm presently has a “neutral” rating on the retailer’s stock. UBS Group’s price objective suggests a potential upside of 4.26% from the company’s previous close.

WMT has been the subject of several other research reports. Raymond James boosted their target price on shares of Walmart from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus boosted their target price on shares of Walmart from $115.00 to $117.00 and gave the company a “hold” rating in a research note on Wednesday, February 19th. Wolfe Research initiated coverage on shares of Walmart in a research note on Tuesday, March 31st. They issued an “outperform” rating for the company. Nomura Securities reissued a “buy” rating and issued a $131.00 target price on shares of Walmart in a research note on Monday, March 23rd. Finally, Gordon Haskett downgraded shares of Walmart from a “buy” rating to an “accumulate” rating and boosted their target price for the company from $130.00 to $140.00 in a research note on Wednesday, April 29th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $132.03.

Shares of NYSE:WMT traded down $0.30 during midday trading on Wednesday, hitting $124.69. 3,486,620 shares of the stock were exchanged, compared to its average volume of 9,624,241. The stock has a market cap of $354.18 billion, a P/E ratio of 23.63, a PEG ratio of 5.21 and a beta of 0.30. The company has a current ratio of 0.77, a quick ratio of 0.22 and a debt-to-equity ratio of 0.85. Walmart has a twelve month low of $100.60 and a twelve month high of $133.38. The company has a 50 day moving average price of $124.79 and a 200-day moving average price of $118.95.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, May 19th. The retailer reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.06. Walmart had a net margin of 2.81% and a return on equity of 18.33%. The firm had revenue of $134.62 billion during the quarter, compared to the consensus estimate of $130.91 billion. During the same quarter in the previous year, the company posted $1.13 EPS. The firm’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities research analysts expect that Walmart will post 4.87 earnings per share for the current year.

In other Walmart news, EVP Marc E. Lore sold 85,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $123.05, for a total value of $10,459,250.00. Following the completion of the transaction, the executive vice president now owns 2,272,996 shares in the company, valued at approximately $279,692,157.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP M. Brett Biggs sold 16,205 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $114.39, for a total value of $1,853,689.95. Following the completion of the transaction, the executive vice president now owns 264,445 shares of the company’s stock, valued at approximately $30,249,863.55. The disclosure for this sale can be found here. In the last 90 days, insiders sold 321,205 shares of company stock valued at $39,041,990. 51.11% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WMT. Sofos Investments Inc. boosted its holdings in Walmart by 581.4% in the 1st quarter. Sofos Investments Inc. now owns 1,206 shares of the retailer’s stock worth $25,000 after acquiring an additional 1,029 shares during the period. Evolution Wealth Advisors LLC acquired a new position in shares of Walmart in the 4th quarter valued at approximately $26,000. Joseph P. Lucia & Associates LLC raised its position in shares of Walmart by 75.6% in the 1st quarter. Joseph P. Lucia & Associates LLC now owns 230 shares of the retailer’s stock valued at $26,000 after purchasing an additional 99 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of Walmart in the 4th quarter valued at approximately $27,000. Finally, AlphaMark Advisors LLC raised its position in shares of Walmart by 138.9% in the 4th quarter. AlphaMark Advisors LLC now owns 258 shares of the retailer’s stock valued at $31,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 30.28% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

Further Reading: Call Option Volume

Analyst Recommendations for Walmart (NYSE:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.