Published: Thu, February 22, 2018
Entertaiment | By Simon Arnold

Walmart shares take a bit of a tumble

Walmart shares take a bit of a tumble

Security National Bank of SO Dak now owns 15,405 shares of the retailer's stock worth $1,166,000 after purchasing an additional 100 shares during the last quarter. Walmart announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per share, representing a two percent increase from its previous quarterly payout. 775,958 Walmart Inc. (NYSE:WMT) shares with value of $62.26M were sold by WALTON JIM C. $200,291 worth of Walmart Inc.

Ajo Lp, which manages about $24.49 billion and $23.01 billion US Long portfolio, upped its stake in Lilly (Eli) & Co (NYSE:LLY) by 41,324 shares to 1.74M shares, valued at $148.98M in 2017Q3, according to the filing. Towle & Co sold 1.92M shares as Destination Maternity Corporat (DEST)'s stock declined 31.47%. Hedge funds and other institutional investors own 30.33% of the company's stock.

GAM Holding AG decreased its position in Wal-Mart Stores, Inc. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. Its 52-week high and low range is $109.98 and $69.33, respectively. The firm has a market cap of $278,790.00, a PE ratio of 25.03, a P/E/G ratio of 3.74 and a beta of 0.42.

Asda, Walmart's United Kingdom supermarket, reported a 0.5% rise in like-for-like sales - its third consecutive quarter of sales growth.

Excluding special items that crimped profits such as restructuring charges and an impact from offering a one-time bonus to employees, earnings came to $1.33 per share in the fourth quarter ended January 31. Consolidated net income fell 42.1% to $2.175 billion. This is the only downside from the whole quarter report from the company but it is enough to give their investors jitters on the pre-market.

LONDON: European shares rose on Tuesday thanks to a slew of well-received results, though banks were a weak spot after HSBC reported weaker-than-expected earnings and said it needed as much as $US7 billion of fresh capital. Both of its revenue and same-store figures exceeded most expectations, the revenue grew was reported to be at $136.3 billion, while the same-store sales managed to hit a whopping 2.6% increase. Westpac Banking owns 0.19% invested in Walmart Inc. River Road Asset Limited Liability Company holds 1.33% or 866,775 shares. The shares were sold at an average price of $79.00, for a total transaction of $125,294.00. As a result, the company's stock is down more than 10% in after-hours trading. SELL rating has been given by 0 analyst (s) and 4 analyst (s) given BUY rating to the stock. About 2,116 shares traded. The disclosure for this sale can be found here.

In its fiscal 2019 full-year guidance, the company anticipated comps increases of at least 2 percent at Walmart U.S.

A number of equities research analysts have recently weighed in on WMT shares.

Analyst's ratings determines the future of any company. The stock presently has an average rating of "Hold" and a consensus price target of $85.58. Bronson Point Management Limited Com has invested 0.63% in Walmart Inc. The correct version of this news story can be read at https://registrarjournal.com/2018/02/21/alpha-windward-llc-has-986000-holdings-in-wal-mart-stores-inc-wmt.html.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. We're expanding online grocery in the U.S. and around the world and broadening our delivery capabilities in the U.S., China and other global markets. After all, Walmart is opening relatively few stores in the US this year, so it will depend mightily on e-commerce for overall sales growth.

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