Investors bought shares of Wal-Mart Stores Inc. (NYSE:WMT) on weakness during trading on Thursday. $138.41 million flowed into the stock on the tick-up and $70.02 million flowed out of the stock on the tick-down, for a money net flow of $68.39 million into the stock. Of all equities tracked, Wal-Mart Stores had the 3rd highest net in-flow for the day. Wal-Mart Stores traded down ($0.29) for the day and closed at $73.53

WMT has been the subject of several research reports. Buckingham Research reaffirmed a “neutral” rating and issued a $70.00 target price on shares of Wal-Mart Stores in a research note on Wednesday, March 23rd. Barclays PLC reaffirmed an “equal weight” rating and issued a $70.00 target price (up previously from $61.00) on shares of Wal-Mart Stores in a research note on Wednesday, March 30th. Goldman Sachs Group Inc. upped their target price on Wal-Mart Stores from $62.00 to $66.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 6th. Robert W. Baird set a $70.00 target price on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Thursday, April 14th. Finally, Independent Research GmbH set a $72.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a research note on Friday, April 15th. Four research analysts have rated the stock with a sell rating, twenty-two have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $69.02.

The company has a 50 day moving average of $71.31 and a 200-day moving average of $67.42. The firm has a market capitalization of $229.17 billion and a P/E ratio of 16.25.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, May 19th. The retailer reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.10. During the same quarter in the previous year, the firm earned $1.03 EPS. The business had revenue of $115.90 billion for the quarter, compared to analysts’ expectations of $112.68 billion. Wal-Mart Stores’s revenue was up .9% compared to the same quarter last year. Analysts predict that Wal-Mart Stores Inc. will post $4.26 earnings per share for the current fiscal year.

In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 1,450,000 shares of the company’s stock in a transaction on Tuesday, June 28th. The stock was sold at an average price of $71.39, for a total value of $103,515,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rosalind G. Brewer sold 10,794 shares of the company’s stock in a transaction on Wednesday, June 29th. The stock was sold at an average price of $71.65, for a total value of $773,390.10. Following the completion of the sale, the executive vice president now owns 285,749 shares of the company’s stock, valued at $20,473,915.85. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Wal-Mart Stores by 1.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 102,507 shares of the retailer’s stock valued at $6,284,000 after buying an additional 1,116 shares in the last quarter. CIBC Asset Management Inc boosted its stake in shares of Wal-Mart Stores by 4.5% in the fourth quarter. CIBC Asset Management Inc now owns 476,666 shares of the retailer’s stock valued at $29,220,000 after buying an additional 20,627 shares in the last quarter. GAM Holding AG boosted its stake in shares of Wal-Mart Stores by 98.6% in the fourth quarter. GAM Holding AG now owns 528,839 shares of the retailer’s stock valued at $32,418,000 after buying an additional 262,580 shares in the last quarter. Argus Investors Counsel Inc. boosted its stake in shares of Wal-Mart Stores by 11.6% in the fourth quarter. Argus Investors Counsel Inc. now owns 74,550 shares of the retailer’s stock valued at $4,570,000 after buying an additional 7,730 shares in the last quarter. Finally, Conning Inc. boosted its stake in shares of Wal-Mart Stores by 14.2% in the fourth quarter. Conning Inc. now owns 481,196 shares of the retailer’s stock valued at $29,497,000 after buying an additional 59,897 shares in the last quarter.

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company’s operations are conducted in three segments: Walmart U.S., Walmart International and Sam’s Club.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.