Gulf International Bank UK Ltd increased its stake in Wal-Mart Stores, Inc. (NYSE:WMT) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 481,307 shares of the retailer’s stock after buying an additional 327 shares during the period. Gulf International Bank UK Ltd’s holdings in Wal-Mart Stores were worth $36,425,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. TrimTabs Asset Management LLC increased its stake in shares of Wal-Mart Stores by 89.2% in the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after buying an additional 696 shares during the period. Asset Planning Services Ltd. increased its stake in shares of Wal-Mart Stores by 0.7% in the first quarter. Asset Planning Services Ltd. now owns 1,511 shares of the retailer’s stock valued at $109,000 after buying an additional 11 shares during the period. High Point Bank & Trust Co. increased its stake in shares of Wal-Mart Stores by 71.9% in the fourth quarter. High Point Bank & Trust Co. now owns 1,960 shares of the retailer’s stock valued at $136,000 after buying an additional 820 shares during the period. SRS Capital Advisors Inc. increased its stake in shares of Wal-Mart Stores by 75.2% in the first quarter. SRS Capital Advisors Inc. now owns 2,099 shares of the retailer’s stock valued at $151,000 after buying an additional 901 shares during the period. Finally, Arcadia Investment Management Corp MI increased its stake in shares of Wal-Mart Stores by 7.2% in the first quarter. Arcadia Investment Management Corp MI now owns 2,504 shares of the retailer’s stock valued at $180,000 after buying an additional 169 shares during the period. Institutional investors and hedge funds own 30.09% of the company’s stock.

Wal-Mart Stores, Inc. (NYSE WMT) traded down 1.15% during mid-day trading on Thursday, hitting $80.67. The company’s stock had a trading volume of 3,639,537 shares. The stock has a market cap of $243.18 billion, a P/E ratio of 18.32 and a beta of 0.29. The company’s 50 day moving average is $77.17 and its 200-day moving average is $74.00. Wal-Mart Stores, Inc. has a 52-week low of $65.28 and a 52-week high of $81.99. Wal-Mart Stores also was the target of some unusual options trading on Monday. Investors bought 5,107 put options on the stock. This represents an increase of 351% compared to the average volume of 1,132 put options.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, May 18th. The retailer reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 for the quarter, compared to the consensus estimate of $117.01 billion. During the same period in the previous year, the business earned $0.98 earnings per share. The business’s revenue was up 1.3% on a year-over-year basis. On average, equities analysts predict that Wal-Mart Stores, Inc. will post $4.36 EPS for the current fiscal year.

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Several equities research analysts recently issued reports on WMT shares. Vetr upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 price target for the company in a report on Monday, May 15th. Jefferies Group LLC upped their price target on Wal-Mart Stores from $86.00 to $88.00 and gave the stock a “buy” rating in a report on Friday, May 12th. Gordon Haskett initiated coverage on Wal-Mart Stores in a report on Tuesday, May 9th. They set a “buy” rating and a $90.00 price target for the company. Zacks Investment Research upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $84.00 price objective for the company in a research note on Tuesday, April 25th. Finally, Sanford C. Bernstein restated a “buy” rating on shares of Wal-Mart Stores in a research note on Saturday, May 13th. Four equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fifteen have given a buy rating to the company. Wal-Mart Stores presently has a consensus rating of “Hold” and an average price target of $78.86.

In related news, insider David Chojnowski sold 5,142 shares of the business’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $79.36, for a total value of $408,069.12. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director S Robson Walton sold 1,321,340 shares of the business’s stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $78.61, for a total value of $103,870,537.40. The disclosure for this sale can be found here. Insiders sold 23,006,720 shares of company stock worth $1,816,131,604 over the last 90 days. Company insiders own 51.39% of the company’s stock.

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

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