Community Bank & Trust Waco Texas raised its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 0.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,460 shares of the retailer’s stock after buying an additional 75 shares during the period. Community Bank & Trust Waco Texas’ holdings in Wal-Mart Stores were worth $1,979,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Fred Alger Management Inc. boosted its stake in Wal-Mart Stores by 2.1% in the fourth quarter. Fred Alger Management Inc. now owns 29,172 shares of the retailer’s stock worth $2,016,000 after buying an additional 599 shares during the period. Old Mutual Global Investors UK Ltd. boosted its stake in Wal-Mart Stores by 4.0% in the first quarter. Old Mutual Global Investors UK Ltd. now owns 809,413 shares of the retailer’s stock worth $58,342,000 after buying an additional 31,436 shares during the period. Cohen Lawrence B boosted its stake in Wal-Mart Stores by 0.4% in the first quarter. Cohen Lawrence B now owns 6,050 shares of the retailer’s stock worth $436,000 after buying an additional 25 shares during the period. Teachers Advisors LLC boosted its stake in Wal-Mart Stores by 1.1% in the fourth quarter. Teachers Advisors LLC now owns 3,251,918 shares of the retailer’s stock worth $224,773,000 after buying an additional 35,845 shares during the period. Finally, Highfields Capital Management LP purchased a new stake in Wal-Mart Stores during the fourth quarter worth $69,120,000. Institutional investors own 30.16% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) opened at 76.89 on Tuesday. The company’s 50 day moving average is $76.51 and its 200 day moving average is $73.01. Wal-Mart Stores, Inc. has a 12-month low of $65.28 and a 12-month high of $80.47. The firm has a market capitalization of $231.78 billion, a PE ratio of 17.46 and a beta of 0.28. Wal-Mart Stores also was the target of unusually large options trading on Monday. Traders purchased 5,107 put options on the company. This is an increase of 351% compared to the typical volume of 1,132 put options.

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

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WMT has been the topic of a number of analyst reports. Wells Fargo & Company reaffirmed a “hold” rating on shares of Wal-Mart Stores in a report on Sunday, June 4th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $74.00 price objective on shares of Wal-Mart Stores in a report on Monday, May 15th. Vetr raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 price objective on the stock in a report on Monday, May 15th. BMO Capital Markets reaffirmed an “underperform” rating and issued a $63.00 price objective on shares of Wal-Mart Stores in a report on Friday, April 7th. Finally, Sanford C. Bernstein set a $75.00 price objective on shares of Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday, May 29th. Four research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and twelve have assigned a buy rating to the company. Wal-Mart Stores has a consensus rating of “Hold” and an average target price of $78.33.

In related news, insider David Cheesewright sold 25,729 shares of the stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $76.65, for a total transaction of $1,972,127.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director S Robson Walton sold 3,000,000 shares of the stock in a transaction that occurred on Monday, June 12th. The stock was 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 of the company’s stock, valued at $265,087,763. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,006,720 shares of company stock valued at $1,816,131,604. 51.39% of the stock is owned by company insiders.

About Wal-Mart Stores

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

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