Investors purchased shares of Wal-Mart Stores Inc. (NYSE:WMT) on weakness during trading hours on Tuesday. $183.43 million flowed into the stock on the tick-up and $121.84 million flowed out of the stock on the tick-down, for a money net flow of $61.59 million into the stock. Of all companies tracked, Wal-Mart Stores had the 2nd highest net in-flow for the day. Wal-Mart Stores traded down ($0.79) for the day and closed at $73.27

WMT has been the subject of several research reports. Barclays PLC reissued an “equal weight” rating and issued a $70.00 price objective (up from $61.00) on shares of Wal-Mart Stores in a research report on Wednesday, March 30th. Goldman Sachs Group Inc. boosted their price objective on shares of Wal-Mart Stores from $62.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, April 6th. Morgan Stanley set a $63.00 price objective on shares of Wal-Mart Stores and gave the company a “neutral” rating in a research report on Monday, May 9th. Vetr raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $75.48 price objective for the company in a research report on Thursday, June 23rd. Finally, Nomura Holdings Inc. set a $70.00 price objective on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Thursday, April 28th. Four research analysts have rated the stock with a sell rating, twenty-three have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $69.02.

The firm has a market capitalization of $228.36 billion and a price-to-earnings ratio of 16.20. The company’s 50 day moving average price is $71.68 and its 200 day moving average price is $67.77.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, May 19th. The retailer reported $0.98 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.10. The business had revenue of $115.90 billion for the quarter, compared to analyst estimates of $112.68 billion. During the same period last year, the company posted $1.03 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. On average, equities analysts anticipate that Wal-Mart Stores Inc. will post $4.26 EPS for the current fiscal year.

In related news, major shareholder Jim C. Walton sold 1,450,000 shares of the stock in a transaction that occurred on Tuesday, June 28th. The shares were sold at an average price of $71.39, for a total transaction of $103,515,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rosalind G. Brewer sold 10,794 shares of the stock in a transaction that occurred on Wednesday, June 29th. The stock was sold at an average price of $71.65, for a total transaction of $773,390.10. Following the sale, the executive vice president now directly owns 285,749 shares of the company’s stock, valued at approximately $20,473,915.85. The disclosure for this sale can be found here.

Other hedge funds have bought and sold shares of the company. Moors & Cabot Inc. increased its stake in Wal-Mart Stores by 2.8% in the fourth quarter. Moors & Cabot Inc. now owns 18,659 shares of the retailer’s stock worth $1,137,000 after buying an additional 500 shares during the period. Boltwood Capital Management increased its stake in Wal-Mart Stores by 2.6% in the fourth quarter. Boltwood Capital Management now owns 19,494 shares of the retailer’s stock worth $1,195,000 after buying an additional 500 shares during the period. Parsons Capital Management Inc. RI increased its stake in Wal-Mart Stores by 2.2% in the fourth quarter. Parsons Capital Management Inc. RI now owns 19,717 shares of the retailer’s stock worth $1,209,000 after buying an additional 416 shares during the period. Point View Wealth Management Inc. increased its stake in Wal-Mart Stores by 80.0% in the fourth quarter. Point View Wealth Management Inc. now owns 22,689 shares of the retailer’s stock worth $1,391,000 after buying an additional 10,082 shares during the period. Finally, Denver Investment Advisors LLC increased its stake in Wal-Mart Stores by 9.6% in the fourth quarter. Denver Investment Advisors LLC now owns 24,741 shares of the retailer’s stock worth $1,517,000 after buying an additional 2,175 shares during the period.

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.