Park National Corp OH lowered its position in shares of Wal-Mart Stores Inc. (NYSE:WMT) by 4.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,513 shares of the retailer’s stock after selling 4,156 shares during the period. Park National Corp OH’s holdings in Wal-Mart Stores were worth $6,311,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WMT. Compass Capital Management Inc. boosted its position in shares of Wal-Mart Stores by 0.9% in the second quarter. Compass Capital Management Inc. now owns 274,940 shares of the retailer’s stock worth $20,076,000 after buying an additional 2,552 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of Wal-Mart Stores by 12.9% in the second quarter. Acadian Asset Management LLC now owns 3,788,062 shares of the retailer’s stock worth $276,603,000 after buying an additional 431,780 shares during the last quarter. Retirement Systems of Alabama boosted its position in shares of Wal-Mart Stores by 3.0% in the second quarter. Retirement Systems of Alabama now owns 1,582,960 shares of the retailer’s stock worth $115,588,000 after buying an additional 45,683 shares during the last quarter. KLCM Advisors Inc. boosted its position in shares of Wal-Mart Stores by 8.3% in the second quarter. KLCM Advisors Inc. now owns 159,417 shares of the retailer’s stock worth $11,641,000 after buying an additional 12,211 shares during the last quarter. Finally, British Columbia Investment Management Corp boosted its position in shares of Wal-Mart Stores by 2.1% in the second quarter. British Columbia Investment Management Corp now owns 621,749 shares of the retailer’s stock worth $45,400,000 after buying an additional 13,017 shares during the last quarter. 29.96% of the stock is owned by institutional investors and hedge funds.

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

Wal-Mart Stores Inc. (NYSE:WMT) traded down 0.94% during trading on Friday, hitting $68.54. The company had a trading volume of 11,135,265 shares. The company has a market cap of $212.01 billion, a PE ratio of 14.76 and a beta of 0.10. The company’s 50 day moving average price is $69.88 and its 200-day moving average price is $71.04. Wal-Mart Stores Inc. has a 12 month low of $56.36 and a 12 month high of $75.19.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Thursday, November 17th. The retailer reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. Wal-Mart Stores had a net margin of 2.98% and a return on equity of 17.71%. The firm earned $118.20 billion during the quarter, compared to analysts’ expectations of $118.69 billion. During the same period in the prior year, the company earned $1.03 EPS. The firm’s revenue was up .5% on a year-over-year basis. Equities analysts expect that Wal-Mart Stores Inc. will post $4.34 earnings per share for the current year.

A number of equities analysts have commented on WMT shares. Barclays PLC reissued an “overweight” rating and set a $82.00 target price on shares of Wal-Mart Stores in a report on Sunday, November 13th. Goldman Sachs Group Inc. set a $72.00 price target on Wal-Mart Stores and gave the company a “neutral” rating in a research report on Tuesday, October 11th. Zacks Investment Research lowered Wal-Mart Stores from a “hold” rating to a “sell” rating in a research report on Tuesday, October 18th. JPMorgan Chase & Co. set a $75.00 price target on Wal-Mart Stores and gave the company a “neutral” rating in a research report on Tuesday, October 4th. Finally, BMO Capital Markets restated an “underperform” rating and issued a $72.80 price target on shares of Wal-Mart Stores in a research report on Saturday. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $74.96.

In other Wal-Mart Stores news, major shareholder Alice L. Walton sold 3,142,846 shares of the business’s stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $72.41, for a total value of $227,573,478.86. Following the transaction, the insider now owns 6,748,580 shares in the company, valued at approximately $488,664,677.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Alice L. Walton sold 3,504,756 shares of the business’s stock in a transaction on Monday, August 29th. The stock was 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 in the company, valued at approximately $481,646,154.60. The disclosure for this sale can be found here. Corporate insiders own 51.55% of the company’s stock.

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 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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