Compass Capital Management Inc. raised its position in shares of Wal-Mart Stores Inc. (NYSE:WMT) by 0.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 274,940 shares of the retailer’s stock after buying an additional 2,552 shares during the period. Wal-Mart Stores comprises 3.8% of Compass Capital Management Inc.’s holdings, making the stock its 14th largest position. Compass Capital Management Inc.’s holdings in Wal-Mart Stores were worth $20,076,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Northpointe Capital LLC acquired a new stake in Wal-Mart Stores during the second quarter worth $5,715,000. Redwood Investments LLC boosted its stake in Wal-Mart Stores by 405,191.4% in the second quarter. Redwood Investments LLC now owns 283,704 shares of the retailer’s stock worth $20,716,000 after buying an additional 283,634 shares during the period. Burke & Herbert Bank & Trust Co. boosted its stake in Wal-Mart Stores by 0.5% in the second quarter. Burke & Herbert Bank & Trust Co. now owns 21,128 shares of the retailer’s stock worth $1,542,000 after buying an additional 109 shares during the period. Advisory Services Network LLC boosted its stake in Wal-Mart Stores by 49.2% in the second quarter. Advisory Services Network LLC now owns 26,033 shares of the retailer’s stock worth $1,901,000 after buying an additional 8,583 shares during the period. Finally, Community Bank & Trust Waco Texas boosted its stake in shares of Wal-Mart Stores by 0.4% in the second quarter. Community Bank & Trust Waco Texas now owns 27,385 shares of the retailer’s stock valued at $2,000,000 after buying an additional 100 shares during the last quarter. 29.56% of the stock is currently owned by institutional investors.

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

Wal-Mart Stores Inc. (NYSE:WMT) traded up 0.95% during mid-day trading on Tuesday, reaching $68.87. 7,857,699 shares of the company were exchanged. The company’s 50 day moving average price is $71.00 and its 200-day moving average price is $70.96. Wal-Mart Stores Inc. has a 12-month low of $56.30 and a 12-month high of $75.19. The stock has a market capitalization of $213.03 billion, a price-to-earnings ratio of 14.83 and a beta of 0.20.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 18th. The retailer reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.05. Wal-Mart Stores had a net margin of 3.04% and a return on equity of 17.93%. The business earned $120.90 billion during the quarter, compared to analysts’ expectations of $119.33 billion. The business’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.08 EPS. On average, equities research analysts forecast that Wal-Mart Stores Inc. will post $4.34 earnings per share for the current fiscal year.

WMT has been the topic of several recent analyst reports. Jefferies Group set a $85.00 target price on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday, August 9th. Nomura reissued a “buy” rating and set a $81.00 target price on shares of Wal-Mart Stores in a report on Thursday, June 23rd. Vetr raised Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $75.48 target price on the stock in a report on Thursday, June 23rd. Finally, Guggenheim initiated coverage on Wal-Mart Stores in a report on Friday, September 30th. They set a “buy” rating and a $82.00 target price on the stock. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $75.38.

In other news, major shareholder Jim C. Walton sold 3,502,398 shares of the business’s stock in a transaction that occurred on Monday, August 22nd. The shares were sold at an average price of $73.02, for a total value of $255,745,101.96. Following the completion of the transaction, the insider now directly owns 10,507,127 shares in the company, valued at approximately $767,230,413.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Alice L. Walton sold 3,504,756 shares of the business’s stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $71.37, for a total transaction of $250,134,435.72. Following the completion of the transaction, the insider now owns 6,748,580 shares of the company’s stock, valued at $481,646,154.60. The disclosure for this sale can be found here. 51.55% of the stock is currently owned by 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 offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

5 Day Chart for NYSE:WMT

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