CNA Financial Corp held its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) during the first quarter, Holdings Channel reports. The institutional investor owned 25,275 shares of the retailer’s stock at the end of the first quarter. CNA Financial Corp’s holdings in Wal-Mart Stores were worth $1,822,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Planning Services Ltd. boosted its position 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 in the last quarter. Wellington Shields & Co. LLC boosted its position in shares of Wal-Mart Stores by 0.4% in the first quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock valued at $264,000 after buying an additional 15 shares in the last quarter. Alexandria Capital LLC boosted its stake in Wal-Mart Stores by 0.9% in the first quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock worth $181,000 after buying an additional 22 shares during the period. Sterneck Capital Management LLC boosted its stake in Wal-Mart Stores by 0.3% in the first quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock worth $475,000 after buying an additional 22 shares during the period. Finally, 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. Institutional investors own 30.09% of the company’s stock.

Wal-Mart Stores, Inc. (NYSE WMT) traded down 0.32% during midday trading on Friday, hitting $80.40. The company had a trading volume of 7,905,495 shares. Wal-Mart Stores, Inc. has a 52-week low of $65.28 and a 52-week high of $81.99. The stock has a 50 day moving average of $77.44 and a 200 day moving average of $74.15. The firm has a market cap of $242.37 billion, a price-to-earnings ratio of 18.26 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last announced its earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks’ 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 analyst estimates of $117.01 billion. During the same period in the previous year, the company earned $0.98 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. On average, analysts anticipate that Wal-Mart Stores, Inc. will post $4.36 EPS for the current year.

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A number of analysts have recently commented on the company. BidaskClub upgraded Wal-Mart Stores from a “buy” rating to a “strong-buy” rating in a research report on Friday. Jefferies Group LLC set a $88.00 price objective on Wal-Mart Stores and gave the company a “buy” rating in a research report on Friday. Stephens upgraded Wal-Mart Stores from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $78.00 to $91.00 in a research report on Friday. Cowen and Company set a $86.00 price objective on Wal-Mart Stores and gave the company a “buy” rating in a research report on Monday, August 7th. Finally, Royal Bank Of Canada set a $76.00 price objective on Wal-Mart Stores and gave the company a “sell” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $79.40.

In other news, Director S Robson Walton sold 1,321,340 shares of Wal-Mart Stores stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $78.61, for a total transaction of $103,870,537.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David Chojnowski sold 5,142 shares of Wal-Mart Stores 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,006,720 shares of company stock worth $1,816,131,604. Corporate 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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