Bbva Compass Bancshares Inc. boosted its stake in shares of Wal-Mart Stores Inc (NYSE:WMT) by 3.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,609 shares of the retailer’s stock after purchasing an additional 766 shares during the quarter. Bbva Compass Bancshares Inc.’s holdings in Wal-Mart Stores were worth $1,559,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. TrimTabs Asset Management LLC boosted its position 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 purchasing an additional 696 shares during the period. Paragon Capital Management Ltd bought a new stake in Wal-Mart Stores during the first quarter worth approximately $201,000. SRS Capital Advisors Inc. boosted its position 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 purchasing an additional 901 shares during the period. WealthTrust Arizona LLC boosted its position in Wal-Mart Stores by 1.2% during the second quarter. WealthTrust Arizona LLC now owns 2,135 shares of the retailer’s stock worth $162,000 after purchasing an additional 26 shares during the period. Finally, OLD Second National Bank of Aurora boosted its position in Wal-Mart Stores by 14.0% during the second quarter. OLD Second National Bank of Aurora now owns 2,450 shares of the retailer’s stock worth $186,000 after purchasing an additional 300 shares during the period. 30.19% of the stock is owned by hedge funds and other institutional investors.

In related news, insider Jeffrey J. Gearhart sold 9,216 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $78.96, for a total transaction of $727,695.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Cheesewright sold 25,729 shares of the company’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $76.65, for a total value of $1,972,127.85. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,948,971 shares of company stock valued at $628,583,326. 51.39% of the stock is owned by corporate insiders.

A number of equities research analysts have issued reports on WMT shares. Morgan Stanley set a $77.00 target price on Wal-Mart Stores and gave the stock a “neutral” rating in a research 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 research 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 research report on Monday, May 29th. Wells Fargo & Company reaffirmed a “neutral” rating on shares of Wal-Mart Stores in a research 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 research report on Wednesday, May 31st. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Wal-Mart Stores presently has a consensus rating of “Hold” and an average price target of $80.25.

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Shares of Wal-Mart Stores Inc (NYSE WMT) opened at 79.15 on Tuesday. The firm has a market capitalization of $236.44 billion, a price-to-earnings ratio of 19.02 and a beta of 0.30. 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 price of $79.87 and a 200-day moving average price of $76.28.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a return on equity of 15.50% and a net margin of 2.52%. The business had revenue of $123.40 billion during the quarter, compared to the consensus estimate of $121.86 billion. During the same period in the prior year, the company earned $1.07 EPS. Wal-Mart Stores’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that Wal-Mart Stores Inc will post $4.37 earnings per share for the current year.

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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