WealthTrust Fairport LLC decreased its stake in Wal-Mart Stores, Inc. (NYSE:WMT) by 1.4% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,230 shares of the retailer’s stock after selling 86 shares during the period. WealthTrust Fairport LLC’s holdings in Wal-Mart Stores were worth $449,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. SignalPoint Asset Management LLC boosted its stake in Wal-Mart Stores by 0.6% in the first quarter. SignalPoint Asset Management LLC now owns 71,535 shares of the retailer’s stock valued at $5,156,000 after buying an additional 452 shares in the last quarter. Wrapmanager Inc. boosted its stake in shares of Wal-Mart Stores by 7.9% in the first quarter. Wrapmanager Inc. now owns 5,189 shares of the retailer’s stock worth $374,000 after buying an additional 378 shares during the period. Trust Investment Advisors boosted its stake in shares of Wal-Mart Stores by 3.3% in the first quarter. Trust Investment Advisors now owns 18,850 shares of the retailer’s stock worth $1,359,000 after buying an additional 600 shares during the period. Compass Capital Management Inc. boosted its stake in shares of Wal-Mart Stores by 6.0% in the first quarter. Compass Capital Management Inc. now owns 301,030 shares of the retailer’s stock worth $21,698,000 after buying an additional 16,951 shares during the period. Finally, Alpha Cubed Investments LLC boosted its stake in shares of Wal-Mart Stores by 29.8% in the first quarter. Alpha Cubed Investments LLC now owns 4,291 shares of the retailer’s stock worth $309,000 after buying an additional 986 shares during the period. 30.12% of the stock is owned by institutional investors and hedge funds.

Wal-Mart Stores, Inc. (NYSE WMT) traded down 0.48% during trading on Friday, hitting $80.48. The stock had a trading volume of 7,135,053 shares. Wal-Mart Stores, Inc. has a 52-week low of $65.28 and a 52-week high of $81.40. The company’s 50 day moving average is $76.55 and its 200 day moving average is $73.51. The firm has a market cap of $242.61 billion, a PE ratio of 18.27 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings results on Thursday, May 18th. The retailer reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.04. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. The company had revenue of $116.53 billion during the quarter, compared to analysts’ expectations of $117.01 billion. During the same quarter last year, the company posted $0.98 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. Equities research analysts forecast that Wal-Mart Stores, Inc. will post $4.36 earnings per share for the current year.

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WMT has been the topic of several analyst reports. Vetr raised Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 target price on the stock in a research report on Monday, May 15th. Zacks Investment Research upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $82.00 price target on the stock in a report on Thursday, July 13th. Royal Bank Of Canada reiterated a “sell” rating and set a $67.00 price target on shares of Wal-Mart Stores in a report on Tuesday, May 2nd. BMO Capital Markets upgraded Wal-Mart Stores from an “underperform” rating to a “market perform” rating and lifted their price target for the stock from $63.00 to $80.00 in a report on Friday, May 19th. Finally, KeyCorp restated an “overweight” rating and issued a $90.00 target price on shares of Wal-Mart Stores in a research note on Wednesday, April 19th. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fifteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $78.86.

In other Wal-Mart Stores news, insider David Chojnowski sold 5,142 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $79.36, for a total value of $408,069.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David Cheesewright sold 25,729 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $76.65, for a total transaction of $1,972,127.85. The disclosure for this sale can be found here. Insiders sold a total of 23,006,720 shares of company stock valued at $1,816,131,604 in the last three months. 51.39% of the stock is currently owned by corporate insiders.

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.

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

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