First Command Bank raised its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 16.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,665 shares of the retailer’s stock after purchasing an additional 918 shares during the quarter. First Command Bank’s holdings in Wal-Mart Stores were worth $504,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in WMT. Canada Pension Plan Investment Board increased its stake in Wal-Mart Stores by 161.4% during the 1st quarter. Canada Pension Plan Investment Board now owns 3,297,419 shares of the retailer’s stock valued at $237,678,000 after purchasing an additional 2,035,800 shares in the last quarter. Karp Capital Management Corp bought a new stake in Wal-Mart Stores during the 1st quarter valued at about $111,777,000. Swiss National Bank increased its stake in Wal-Mart Stores by 24.3% during the 1st quarter. Swiss National Bank now owns 6,072,429 shares of the retailer’s stock valued at $437,701,000 after purchasing an additional 1,188,400 shares in the last quarter. State Street Corp increased its stake in Wal-Mart Stores by 1.2% during the 1st quarter. State Street Corp now owns 73,568,236 shares of the retailer’s stock valued at $5,303,013,000 after purchasing an additional 854,010 shares in the last quarter. Finally, QV Investors Inc. increased its stake in Wal-Mart Stores by 114.3% during the 1st quarter. QV Investors Inc. now owns 920,393 shares of the retailer’s stock valued at $66,341,000 after purchasing an additional 491,004 shares in the last quarter. Institutional investors and hedge funds own 30.21% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) traded up 0.88% during midday trading on Friday, reaching $80.38. 13,317,757 shares of the company traded hands. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $81.99. The firm has a market capitalization of $241.78 billion, a PE ratio of 19.31 and a beta of 0.30. The stock has a 50 day moving average price of $79.86 and a 200 day moving average price of $76.06.

Wal-Mart Stores (NYSE:WMT) last announced its earnings results on Thursday, August 17th. The retailer reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $121.86 billion. During the same quarter last year, the firm posted $1.07 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Analysts expect that Wal-Mart Stores, Inc. will post $4.38 earnings per share for the current fiscal year.

In other Wal-Mart Stores news, Director S Robson Walton sold 646,330 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $80.20, for a total value of $51,835,666.00. Following the transaction, the director now owns 3,344,956 shares in the company, valued at approximately $268,265,471.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Cheesewright sold 25,729 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $76.65, for a total value of $1,972,127.85. The disclosure for this sale can be found here. Insiders have sold a total of 7,948,971 shares of company stock worth $628,583,326 in the last quarter. Insiders own 51.39% of the company’s stock.

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WMT has been the subject of a number of research analyst reports. UBS AG reiterated a “neutral” rating and issued a $80.00 price target (up from $73.00) on shares of Wal-Mart Stores in a research note on Sunday, May 21st. Robert W. Baird reiterated a “buy” rating and issued a $85.00 price target on shares of Wal-Mart Stores in a research note on Sunday. MKM Partners reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Tuesday, August 15th. BMO Capital Markets reiterated a “market weight” rating on shares of Wal-Mart Stores in a research note on Thursday. Finally, Cowen and Company set a $86.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Monday, August 7th. Three equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $80.25.

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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