Quantbot Technologies LP lowered its position in Wal-Mart Stores Inc. (NYSE:WMT) by 31.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,305 shares of the retailer’s stock after selling 8,732 shares during the period. Quantbot Technologies LP’s holdings in Wal-Mart Stores were worth $1,392,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BlackRock Fund Advisors increased its stake in Wal-Mart Stores by 1.6% in the second quarter. BlackRock Fund Advisors now owns 19,309,257 shares of the retailer’s stock worth $1,409,962,000 after buying an additional 297,217 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Wal-Mart Stores by 4.9% in the second quarter. Ameriprise Financial Inc. now owns 8,319,158 shares of the retailer’s stock worth $607,461,000 after buying an additional 389,425 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in Wal-Mart Stores by 8.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 8,146,797 shares of the retailer’s stock worth $594,878,000 after buying an additional 629,728 shares in the last quarter. Legal & General Group Plc increased its stake in Wal-Mart Stores by 2.6% in the second quarter. Legal & General Group Plc now owns 8,015,281 shares of the retailer’s stock worth $585,236,000 after buying an additional 201,015 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Wal-Mart Stores by 24.3% in the second quarter. Dimensional Fund Advisors LP now owns 7,418,449 shares of the retailer’s stock worth $541,665,000 after buying an additional 1,449,033 shares in the last quarter. 28.67% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

Wal-Mart Stores Inc. (NYSE:WMT) traded up 0.25% during trading on Tuesday, reaching $71.37. 7,310,092 shares of the company’s stock traded hands. The company has a 50-day moving average price of $69.62 and a 200 day moving average price of $71.33. Wal-Mart Stores Inc. has a one year low of $58.32 and a one year high of $75.19. The firm has a market capitalization of $220.46 billion, a PE ratio of 15.48 and a beta of 0.10.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, November 17th. The retailer reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. Wal-Mart Stores had a net margin of 2.98% and a return on equity of 17.71%. The firm earned $118.20 billion during the quarter, compared to analysts’ expectations of $118.69 billion. During the same period in the previous year, the business posted $1.03 EPS. The business’s revenue was up .5% compared to the same quarter last year. On average, analysts anticipate that Wal-Mart Stores Inc. will post $4.34 earnings per share for the current fiscal year.

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Several analysts have weighed in on WMT shares. Jefferies Group reissued a “buy” rating and issued a $86.00 price target (up from $85.00) on shares of Wal-Mart Stores in a research note on Monday, August 15th. Nomura set a $81.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday, August 19th. Vetr raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $75.98 price target for the company in a research note on Monday, September 19th. Guggenheim started coverage on shares of Wal-Mart Stores in a research note on Friday, September 30th. They issued a “buy” rating and a $82.00 price target for the company. Finally, KeyCorp set a $90.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday, October 7th. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $74.96.

In related news, CEO C Douglas Mcmillon sold 75,063 shares of the business’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $69.08, for a total value of $5,185,352.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Alice L. Walton sold 2,100,000 shares of the business’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $71.44, for a total transaction of $150,024,000.00. Following the completion of the transaction, the insider now owns 6,748,580 shares of the company’s stock, valued at $482,118,555.20. The disclosure for this sale can be found here. 51.55% of the stock is currently owned by corporate insiders.

Wal-Mart Stores Company Profile

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 operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

5 Day Chart for NYSE:WMT

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