Airain ltd decreased its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 80.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,612 shares of the retailer’s stock after selling 22,382 shares during the period. Airain ltd’s holdings in Wal-Mart Stores were worth $405,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Canada Pension Plan Investment Board increased its position in shares of Wal-Mart Stores by 161.4% in the first quarter. Canada Pension Plan Investment Board now owns 3,297,419 shares of the retailer’s stock worth $237,678,000 after buying an additional 2,035,800 shares during the period. Karp Capital Management Corp bought a new position in shares of Wal-Mart Stores during the first quarter worth about $111,777,000. Swiss National Bank increased its position in shares of Wal-Mart Stores by 24.3% in the first quarter. Swiss National Bank now owns 6,072,429 shares of the retailer’s stock worth $437,701,000 after buying an additional 1,188,400 shares during the period. QV Investors Inc. increased its position in shares of Wal-Mart Stores by 114.3% in the first quarter. QV Investors Inc. now owns 920,393 shares of the retailer’s stock worth $66,341,000 after buying an additional 491,004 shares during the period. Finally, British Airways Pensions Investment Management Ltd bought a new position in shares of Wal-Mart Stores during the first quarter worth about $32,510,000. 29.93% of the stock is currently owned by hedge funds and other institutional investors.

Wal-Mart Stores, Inc. (NYSE WMT) traded up 0.1568% on Wednesday, reaching $78.8935. The company’s stock had a trading volume of 1,537,233 shares. The company’s 50 day moving average price is $78.55 and its 200-day moving average price is $75.09. Wal-Mart Stores, Inc. has a 12-month low of $65.28 and a 12-month high of $81.99. The stock has a market cap of $237.31 billion, a PE ratio of 18.9557 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, August 17th. The retailer reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a return on equity of 16.87% and a net margin of 2.60%. The firm had revenue of $123.40 billion for the quarter, compared to the consensus estimate of $121.86 billion. During the same period in the prior year, the firm earned $1.07 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that Wal-Mart Stores, Inc. will post $4.37 EPS for the current year.

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A number of equities analysts have recently issued reports on WMT shares. Goldman Sachs Group, Inc. (The) set a $84.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Zacks Investment Research upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Thursday, July 13th. Jefferies Group LLC set a $88.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a research report on Monday, July 17th. Vetr upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 price objective for the company in a research report on Monday, May 15th. Finally, Royal Bank Of Canada restated a “sell” rating and set a $67.00 price objective on shares of Wal-Mart Stores in a research report on Tuesday, May 2nd. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $80.25.

In related news, Director S Robson Walton sold 129,628 shares of the company’s stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $80.44, for a total value of $10,427,276.32. Following the transaction, the director now directly owns 3,344,956 shares of the company’s stock, valued at approximately $269,068,260.64. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Alice L. Walton sold 3,221,265 shares of the company’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $79.54, for a total value of $256,219,418.10. Following the completion of the transaction, the insider now directly owns 6,748,580 shares in the company, valued at $536,782,053.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,772,952 shares of company stock worth $1,173,627,531. 51.39% of the stock is 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 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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