Winfield Associates Inc. grew its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 5.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,373 shares of the retailer’s stock after purchasing an additional 75 shares during the quarter. Winfield Associates Inc.’s holdings in Wal-Mart Stores were worth $104,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Gemmer Asset Management LLC raised its stake in Wal-Mart Stores by 0.3% during the 2nd quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock worth $224,000 after acquiring an additional 10 shares in the last quarter. Wellington Shields & Co. LLC raised its stake in Wal-Mart Stores by 0.4% during the 1st quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock worth $264,000 after acquiring an additional 15 shares in the last quarter. Alexandria Capital LLC raised its stake in Wal-Mart Stores by 0.9% during the 1st quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock worth $181,000 after acquiring an additional 22 shares in the last quarter. Sterneck Capital Management LLC raised its stake in Wal-Mart Stores by 0.3% during the 1st quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock worth $475,000 after acquiring an additional 22 shares in the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV raised its stake in Wal-Mart Stores by 0.7% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,432 shares of the retailer’s stock worth $260,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 30.19% of the company’s stock.

Several equities research analysts recently commented on the stock. Royal Bank Of Canada set a $76.00 price target on shares of Wal-Mart Stores and gave the stock a “sell” rating in a research note on Friday, August 4th. Citigroup Inc. lifted their price target on shares of Wal-Mart Stores from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 15th. MKM Partners reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Tuesday, August 15th. Stephens upgraded shares of Wal-Mart Stores from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $78.00 to $91.00 in a research note on Friday, August 11th. Finally, Jefferies Group LLC set a $88.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Wal-Mart Stores has an average rating of “Hold” and a consensus target price of $80.25.

Wal-Mart Stores, Inc. (WMT) opened at 79.29 on Thursday. The firm’s 50-day moving average is $79.87 and its 200-day moving average is $76.28. The firm has a market cap of $236.86 billion, a PE ratio of 19.05 and a beta of 0.30. Wal-Mart Stores, Inc. has a 12 month low of $65.28 and a 12 month high of $81.99.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The company had revenue of $123.40 billion during 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 for the quarter was up 2.1% on a year-over-year basis. Equities analysts expect that Wal-Mart Stores, Inc. will post $4.37 earnings per share for the current year.

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In other news, insider Jeffrey J. Gearhart sold 9,216 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $78.96, for a total transaction of $727,695.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Alice L. Walton sold 474,042 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $80.04, for a total transaction of $37,942,321.68. Following the transaction, the insider now owns 10,048,580 shares of the company’s stock, valued at approximately $804,288,343.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,923,242 shares of company stock valued at $785,551,198. Insiders own 51.39% of the company’s stock.

Wal-Mart Stores 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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