Capital Advisors Inc. OK raised its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 27.1% during the first quarter, Holdings Channel reports. The fund owned 25,144 shares of the retailer’s stock after buying an additional 5,356 shares during the period. Capital Advisors Inc. OK’s holdings in Wal-Mart Stores were worth $1,812,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in WMT. Equity Investment Corp Acquisition Inc acquired a new position in shares of Wal-Mart Stores during the fourth quarter worth $153,418,000. Cadence Capital Management LLC increased its position in shares of Wal-Mart Stores by 7.2% in the fourth quarter. Cadence Capital Management LLC now owns 171,972 shares of the retailer’s stock worth $11,887,000 after buying an additional 11,575 shares during the last quarter. Ffcm LLC acquired a new position in shares of Wal-Mart Stores during the fourth quarter worth $6,002,000. Smith Salley & Associates increased its position in shares of Wal-Mart Stores by 1.2% in the fourth quarter. Smith Salley & Associates now owns 91,140 shares of the retailer’s stock worth $6,299,000 after buying an additional 1,074 shares during the last quarter. Finally, Courier Capital LLC increased its position in shares of Wal-Mart Stores by 8.2% in the fourth quarter. Courier Capital LLC now owns 5,273 shares of the retailer’s stock worth $364,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 30.14% of the company’s stock.

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

Wal-Mart Stores, Inc. (NYSE:WMT) opened at 75.50 on Tuesday. The stock has a market capitalization of $227.59 billion, a price-to-earnings ratio of 17.14 and a beta of 0.30. The company has a 50-day moving average of $77.61 and a 200 day moving average of $72.11. Wal-Mart Stores, Inc. has a 12 month low of $65.28 and a 12 month high of $80.47. Wal-Mart Stores also saw some unusual options trading activity on Monday. Investors purchased 2,571 put options on the company. This represents an increase of 166% compared to the typical daily volume of 966 put options.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. The company had revenue of $116.53 billion for the quarter, compared to the consensus estimate of $117.01 billion. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. Wal-Mart Stores’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 EPS. On average, equities research analysts anticipate that Wal-Mart Stores, Inc. will post $4.36 earnings per share for the current fiscal year.

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A number of brokerages have recently weighed in on WMT. Cowen and Company restated an “outperform” rating and issued a $86.00 target price (up previously from $83.00) on shares of Wal-Mart Stores in a research note on Monday, June 5th. Vetr downgraded Wal-Mart Stores from a “buy” rating to a “hold” rating and set a $82.17 target price on the stock. in a research note on Thursday, June 1st. Wells Fargo & Company restated a “hold” rating on shares of Wal-Mart Stores in a research note on Sunday, June 4th. Deutsche Bank AG restated a “hold” rating and issued a $81.00 target price on shares of Wal-Mart Stores in a research note on Tuesday, June 13th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $88.00 target price on shares of Wal-Mart Stores in a research note on Wednesday, June 14th. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $78.46.

In other Wal-Mart Stores news, Director S Robson Walton sold 3,000,000 shares of Wal-Mart Stores stock in a transaction on Monday, June 12th. The shares were sold at an average price of $79.25, for a total value of $237,750,000.00. Following the sale, the director now directly owns 3,344,956 shares in the company, valued at approximately $265,087,763. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 2,576,324 shares of Wal-Mart Stores stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $78.65, for a total transaction of $202,627,882.60. Following the completion of the sale, the insider now owns 6,748,580 shares in the company, valued at $530,775,817. The disclosure for this sale can be found here. Over the last quarter, insiders sold 22,980,991 shares of company stock worth $1,814,159,476. 51.39% of the stock is currently owned by 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 operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

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