Rothschild Investment Corp IL boosted its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 4.4% during the second quarter, Holdings Channel reports. The fund owned 49,184 shares of the retailer’s stock after buying an additional 2,070 shares during the period. Rothschild Investment Corp IL’s holdings in Wal-Mart Stores were worth $3,722,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ropes Wealth Advisors LLC boosted its stake in shares of Wal-Mart Stores by 4.6% in the first quarter. Ropes Wealth Advisors LLC now owns 23,573 shares of the retailer’s stock valued at $1,699,000 after buying an additional 1,039 shares in the last quarter. Security National Bank of SO Dak boosted its stake in shares of Wal-Mart Stores by 2.6% in the first quarter. Security National Bank of SO Dak now owns 15,305 shares of the retailer’s stock valued at $1,103,000 after buying an additional 386 shares in the last quarter. First Personal Financial Services boosted its stake in shares of Wal-Mart Stores by 5.0% in the first quarter. First Personal Financial Services now owns 72,719 shares of the retailer’s stock valued at $5,242,000 after buying an additional 3,434 shares in the last quarter. Old Mutual Global Investors UK Ltd. boosted its stake in shares of 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 valued at $58,342,000 after buying an additional 31,436 shares in the last quarter. Finally, British Columbia Investment Management Corp boosted its stake in shares of Wal-Mart Stores by 35.8% in the first quarter. British Columbia Investment Management Corp now owns 795,766 shares of the retailer’s stock valued at $57,359,000 after buying an additional 209,619 shares in the last quarter. Hedge funds and other institutional investors own 30.00% of the company’s stock.

Wal-Mart Stores, Inc. (WMT) traded down 2.37% during trading on Thursday, reaching $79.06. The company had a trading volume of 11,313,989 shares. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $81.99. The firm has a market capitalization of $238.33 billion, a P/E ratio of 17.95 and a beta of 0.29. The stock has a 50 day moving average price of $77.90 and a 200 day moving average price of $74.51.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. The company had revenue of $121.95 billion for the quarter, compared to analyst estimates of $121.86 billion. During the same period in the prior year, the company earned $1.07 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. Analysts predict that Wal-Mart Stores, Inc. will post $4.37 earnings per share for the current year.

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Several brokerages recently weighed in on WMT. Cowen and Company restated a “buy” rating on shares of Wal-Mart Stores in a report on Thursday. Royal Bank Of Canada set a $76.00 target price on Wal-Mart Stores and gave the company a “sell” rating in a report on Friday, August 4th. MKM Partners restated a “neutral” rating on shares of Wal-Mart Stores in a report on Tuesday. Citigroup Inc. increased their target price on Wal-Mart Stores from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Stephens upgraded Wal-Mart Stores from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $78.00 to $91.00 in a report on Friday, August 11th. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $79.83.

In other news, major shareholder Alice L. Walton sold 2,576,324 shares of the stock in a transaction dated 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 sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $530,775,817. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider David Cheesewright sold 25,729 shares of the stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $76.65, for a total transaction of $1,972,127.85. The disclosure for this sale can be found here. Over the last three months, 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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