Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Sees Large Decrease in Short Interest

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 30th, there was short interest totalling 11,900 shares, a decrease of 25.2% from the December 15th total of 15,900 shares. Based on an average daily trading volume, of 164,900 shares, the days-to-cover ratio is presently 0.1 days.

Wal-Mart de México Stock Performance

Wal-Mart de México stock opened at $37.93 on Thursday. The firm has a market cap of $66.23 billion, a PE ratio of 28.52, a P/E/G ratio of 2.80 and a beta of 0.75. The firm’s 50 day moving average price is $37.11 and its two-hundred day moving average price is $36.32. Wal-Mart de México has a twelve month low of $32.10 and a twelve month high of $41.64.

Wal-Mart de México (OTCMKTS:WMMVY – Get Rating) last released its quarterly earnings data on Thursday, October 20th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). The company had revenue of $9.78 billion during the quarter, compared to analyst estimates of $9.74 billion. Wal-Mart de México had a net margin of 5.97% and a return on equity of 25.59%. Equities analysts anticipate that Wal-Mart de México will post 1.43 EPS for the current fiscal year.

Wal-Mart de México Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, January 6th. Shareholders of record on Friday, December 23rd were given a $0.381 dividend. This represents a yield of 2.12%. This is an increase from Wal-Mart de México’s previous dividend of $0.36. The ex-dividend date of this dividend was Thursday, December 22nd. Wal-Mart de México’s payout ratio is currently 57.14%.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Wal-Mart de México from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 19th.

Wal-Mart de México Company Profile

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Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates 2,198 Bodega Aurrerá discount stores, 294 Walmart hypermarkets, 14 Superama supermarkets, 85 Walmart Express supermarkets, and 165 Sam's Club membership self-service wholesale stores.