Chilton Capital Management LLC lessened its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 4.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,428 shares of the retailer’s stock after selling 150 shares during the period. Chilton Capital Management LLC’s holdings in Wal-Mart Stores were worth $259,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hudock Capital Group LLC lifted its position in shares of Wal-Mart Stores by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after buying an additional 7 shares during the last quarter. Gemmer Asset Management LLC lifted its position in shares of Wal-Mart Stores by 0.3% during the 2nd quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock valued at $224,000 after buying an additional 10 shares during the last quarter. Sterneck Capital Management LLC lifted its position in shares of Wal-Mart Stores by 0.3% during the 1st quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock valued at $475,000 after buying an additional 22 shares during the last quarter. LLBH Private Wealth Management LLC lifted its position in shares of Wal-Mart Stores by 0.3% during the 2nd quarter. LLBH Private Wealth Management LLC now owns 7,843 shares of the retailer’s stock valued at $594,000 after buying an additional 24 shares during the last quarter. Finally, Edgemoor Investment Advisors Inc. lifted its position in shares of Wal-Mart Stores by 0.3% during the 2nd quarter. Edgemoor Investment Advisors Inc. now owns 7,654 shares of the retailer’s stock valued at $579,000 after buying an additional 24 shares during the last quarter. 30.40% of the stock is currently owned by hedge funds and other institutional investors.

Wal-Mart Stores, Inc. (NYSE:WMT) traded down $0.23 during trading hours on Friday, hitting $96.55. The company’s stock had a trading volume of 5,753,261 shares, compared to its average volume of 11,072,982. Wal-Mart Stores, Inc. has a 1 year low of $65.28 and a 1 year high of $100.13. The stock has a market cap of $286,018.00, a PE ratio of 22.04, a P/E/G ratio of 3.56 and a beta of 0.37. The company has a current ratio of 0.81, a quick ratio of 0.19 and a debt-to-equity ratio of 0.52.

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

Wal-Mart Stores declared that its Board of Directors has approved a stock repurchase plan on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the retailer to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

WMT has been the topic of a number of recent research reports. BMO Capital Markets reissued a “market weight” rating on shares of Wal-Mart Stores in a report on Thursday, September 14th. Jefferies Group set a $105.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday, November 14th. J P Morgan Chase & Co reissued a “neutral” rating and set a $84.00 price objective (up previously from $80.00) on shares of Wal-Mart Stores in a report on Friday, October 6th. Bank of America set a $100.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday, October 10th. Finally, Barclays set a $100.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $92.68.

In other news, Director S Robson Walton sold 826,617 shares of the stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $96.39, for a total transaction of $79,677,612.63. Following the transaction, the director now directly owns 3,345,065 shares in the company, valued at approximately $322,430,815.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Chojnowski sold 684 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $99.29, for a total value of $67,914.36. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,419,109 shares of company stock worth $1,366,198,547. Insiders own 51.39% of the company’s stock.

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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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