Eqis Capital Management Inc. raised its holdings in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 4.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,752 shares of the retailer’s stock after buying an additional 872 shares during the period. Eqis Capital Management Inc.’s holdings in Wal-Mart Stores were worth $1,622,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Winfield Associates Inc. lifted its position in shares of Wal-Mart Stores by 5.8% in the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after acquiring an additional 75 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its position in shares of Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after acquiring an additional 45 shares in the last quarter. TrimTabs Asset Management LLC lifted its position in shares of Wal-Mart Stores by 89.2% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after acquiring an additional 696 shares in the last quarter. Thompson Davis & CO. Inc. lifted its position in shares of Wal-Mart Stores by 456.9% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after acquiring an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC lifted its position in shares of Wal-Mart Stores by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after acquiring an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 30.65% of the company’s stock.

Several equities research analysts recently commented on WMT shares. Zacks Investment Research upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Thursday, October 12th. Bank of America set a $100.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Tuesday, October 10th. Deutsche Bank set a $88.00 price target on shares of Wal-Mart Stores and gave the company a “hold” rating in a research report on Thursday, November 16th. Jefferies Group set a $105.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Tuesday, November 14th. Finally, J P Morgan Chase & Co set a $102.00 price target on shares of Wal-Mart Stores and gave the company a “neutral” rating in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, twenty-one have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Wal-Mart Stores has a consensus rating of “Hold” and an average target price of $92.96.

Wal-Mart Stores, Inc. (WMT) traded down $0.02 during trading on Friday, hitting $97.11. 15,611,141 shares of the stock were exchanged, compared to its average volume of 9,437,804. The company has a market cap of $287,676.94, a P/E ratio of 22.17, a P/E/G 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 fifty-two week low of $65.28 and a fifty-two week high of $100.13.

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 analysts’ consensus estimates of $0.97 by $0.03. The business had revenue of $122.14 billion for the quarter, compared to the consensus estimate of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. Wal-Mart Stores’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS. equities research analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 EPS for the current year.

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

In other news, insider Jacqueline P. Canney sold 2,065 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $96.99, for a total transaction of $200,284.35. Following the transaction, the insider now owns 19,060 shares in the company, valued at approximately $1,848,629.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Alice L. Walton sold 2,900,679 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $97.82, for a total transaction of $283,744,419.78. Following the transaction, the insider now owns 6,748,580 shares in the company, valued at approximately $660,146,095.60. The disclosure for this sale can be found here. Insiders have sold a total of 14,421,174 shares of company stock worth $1,366,398,832 in the last 90 days. 51.39% of the stock is owned by insiders.

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Wal-Mart Stores 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.

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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