Tiaa Fsb acquired a new stake in Wal-Mart Stores, Inc. (NYSE:WMT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 92,853 shares of the retailer’s stock, valued at approximately $7,028,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Winfield Associates Inc. lifted its stake in Wal-Mart Stores by 5.8% during the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after purchasing an additional 75 shares in the last quarter. TrimTabs Asset Management LLC lifted its stake 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 in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in Wal-Mart Stores by 3.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after purchasing an additional 45 shares in the last quarter. Thompson Davis & CO. Inc. lifted its stake in Wal-Mart Stores by 456.9% during the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC lifted its stake in Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 30.40% of the company’s stock.

A number of research analysts have commented on WMT shares. Jefferies Group set a $88.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday, August 11th. BidaskClub upgraded Wal-Mart Stores from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 11th. BMO Capital Markets restated a “market weight” rating on shares of Wal-Mart Stores in a research note on Thursday, September 14th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a $84.00 price objective (up from $80.00) on shares of Wal-Mart Stores in a research note on Friday, October 6th. Finally, Bank of America set a $100.00 price objective on Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $92.68.

In other Wal-Mart Stores news, EVP John R. Furner sold 1,200 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $99.29, for a total transaction of $119,148.00. Following the transaction, the executive vice president now owns 48,757 shares of the company’s stock, valued at $4,841,082.53. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jacqueline P. Canney sold 1,586 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now directly owns 21,125 shares in the company, valued at approximately $1,668,875. The disclosure for this sale can be found here. Insiders sold 12,554,472 shares of company stock worth $1,184,474,992 in the last three months. 51.39% of the stock is currently owned by corporate insiders.

Wal-Mart Stores, Inc. (NYSE:WMT) traded up $0.82 during trading hours on Wednesday, reaching $97.83. The company had a trading volume of 9,009,400 shares, compared to its average volume of 8,950,248. The stock has a market capitalization of $287,380.69, a price-to-earnings ratio of 22.15, a PEG ratio of 3.58 and a beta of 0.37. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. Wal-Mart Stores, Inc. has a 52-week low of $65.28 and a 52-week high of $100.13.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, beating the consensus estimate of $0.97 by $0.03. The firm had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. Wal-Mart Stores’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 earnings per share. equities research analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 EPS for the current fiscal year.

Wal-Mart Stores declared that its Board of Directors has initiated a stock repurchase program on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the retailer to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

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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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