Donald L. Hagan LLC lowered its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,507 shares of the retailer’s stock after selling 446 shares during the period. Wal-Mart Stores comprises 1.3% of Donald L. Hagan LLC’s portfolio, making the stock its 22nd largest holding. Donald L. Hagan LLC’s holdings in Wal-Mart Stores were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in WMT. TrimTabs Asset Management LLC boosted its holdings in Wal-Mart Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after buying an additional 696 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in Wal-Mart Stores by 75.2% during the first quarter. SRS Capital Advisors Inc. now owns 2,099 shares of the retailer’s stock worth $151,000 after buying an additional 901 shares in the last quarter. WealthTrust Arizona LLC boosted its holdings in Wal-Mart Stores by 1.2% during the second quarter. WealthTrust Arizona LLC now owns 2,135 shares of the retailer’s stock worth $162,000 after buying an additional 26 shares in the last quarter. Arcadia Investment Management Corp MI boosted its holdings in Wal-Mart Stores by 7.2% during the first quarter. Arcadia Investment Management Corp MI now owns 2,504 shares of the retailer’s stock worth $180,000 after buying an additional 169 shares in the last quarter. Finally, Alexandria Capital LLC boosted its holdings in Wal-Mart Stores by 0.9% during the first quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock worth $181,000 after buying an additional 22 shares in the last quarter. 30.21% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Wal-Mart Stores, Inc. (NYSE:WMT) opened at 79.86 on Thursday. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $81.99. The firm’s 50-day moving average is $79.78 and its 200 day moving average is $75.95. The stock has a market capitalization of $240.22 billion, a P/E ratio of 19.19 and a beta of 0.30.

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

In related news, Director S Robson Walton sold 646,330 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $80.20, for a total transaction of $51,835,666.00. Following the transaction, the director now owns 3,344,956 shares of the company’s stock, valued at $268,265,471.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Jim C. Walton sold 775,958 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $80.24, for a total transaction of $62,262,869.92. Following the transaction, the insider now directly owns 10,507,224 shares in the company, valued at approximately $843,099,653.76. The disclosure for this sale can be found here. Insiders sold 7,948,971 shares of company stock valued at $628,583,326 over the last three months. 51.39% of the stock is owned by insiders.

WMT has been the topic of a number of research analyst reports. Jefferies Group LLC set a $88.00 price objective on shares of Wal-Mart Stores and gave the stock a “buy” rating in a report on Saturday, May 20th. Credit Suisse Group reissued a “buy” rating and set a $80.00 price objective on shares of Wal-Mart Stores in a report on Friday, May 19th. Robert W. Baird set a $85.00 price objective on shares of Wal-Mart Stores and gave the stock a “buy” rating in a report on Wednesday, May 31st. Vetr raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $82.17 price objective on the stock in a report on Wednesday, June 7th. Finally, BidaskClub downgraded shares of Wal-Mart Stores from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Three research analysts have rated the stock with a sell rating, nineteen have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Wal-Mart Stores has a consensus rating of “Hold” and an average target price of $80.25.

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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