Daiwa SB Investments Ltd. decreased its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 13.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,240 shares of the retailer’s stock after selling 360 shares during the period. Daiwa SB Investments Ltd.’s holdings in Wal-Mart Stores were worth $170,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. TrimTabs Asset Management LLC boosted its holdings in Wal-Mart Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after buying an additional 696 shares during the last quarter. Paragon Capital Management Ltd bought a new position in Wal-Mart Stores during the first quarter worth about $201,000. SRS Capital Advisors Inc. boosted its holdings in Wal-Mart Stores by 75.2% during the first quarter. SRS Capital Advisors Inc. now owns 2,099 shares of the retailer’s stock worth $151,000 after buying an additional 901 shares during the last quarter. Arcadia Investment Management Corp MI boosted its holdings in Wal-Mart Stores by 7.2% during the first quarter. Arcadia Investment Management Corp MI now owns 2,504 shares of the retailer’s stock worth $180,000 after buying an additional 169 shares during the last quarter. Finally, Alexandria Capital LLC boosted its holdings in Wal-Mart Stores by 0.9% during 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 last quarter. Institutional investors and hedge funds own 30.19% of the company’s stock.

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A number of equities analysts have issued reports on WMT shares. Wells Fargo & Company restated a “neutral” rating on shares of Wal-Mart Stores in a report on Tuesday, May 23rd. Morgan Stanley set a $77.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday, May 29th. Sanford C. Bernstein set a $75.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday, May 29th. Jefferies Group LLC set a $88.00 target price on Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, May 29th. Finally, Robert W. Baird set a $85.00 target price on Wal-Mart Stores and gave the stock a “buy” rating in a report on Wednesday, May 31st. Three research analysts have rated the stock with a sell rating, nineteen have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Wal-Mart Stores has an average rating of “Hold” and a consensus target price of $80.25.

Wal-Mart Stores, Inc. (WMT) traded up 0.6164% during mid-day trading on Wednesday, hitting $80.5434. The stock had a trading volume of 2,044,354 shares. The company has a market cap of $240.60 billion, a price-to-earnings ratio of 20.5468 and a beta of 0.30. The firm’s 50-day moving average is $79.87 and its 200 day moving average is $76.28. Wal-Mart Stores, Inc. has a 12 month low of $65.28 and a 12 month high of $81.99. Wal-Mart Stores also saw some unusual options trading on Monday. Traders purchased 5,107 put options on the stock. This is an increase of approximately 351% compared to the typical volume of 1,132 put options.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.01. The company had revenue of $123.40 billion during the quarter, compared to analyst estimates of $121.86 billion. Wal-Mart Stores had a return on equity of 16.87% and a net margin of 2.60%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.07 earnings per share. Equities analysts anticipate that Wal-Mart Stores, Inc. will post $4.38 EPS for the current fiscal year.

In related news, insider David Cheesewright sold 25,729 shares of Wal-Mart Stores stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, Director S Robson Walton sold 2,117,863 shares of Wal-Mart Stores stock in a transaction on Friday, September 1st. The shares were sold at an average price of $78.45, for a total value of $166,146,352.35. Following the sale, the director now directly owns 3,344,956 shares of the company’s stock, valued at approximately $262,411,798.20. The disclosure for this sale can be found here. Insiders have sold 7,948,971 shares of company stock valued at $628,583,326 in the last three months. 51.39% of the stock is owned by corporate 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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Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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