Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 3.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 13,947 shares of the retailer’s stock after acquiring an additional 460 shares during the quarter. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in Wal-Mart Stores were worth $1,056,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in WMT. TrimTabs Asset Management LLC increased its stake in shares of Wal-Mart Stores by 89.2% during the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after acquiring an additional 696 shares during the period. SRS Capital Advisors Inc. raised 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 purchasing an additional 901 shares in the last quarter. Arcadia Investment Management Corp MI raised 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 purchasing an additional 169 shares in the last quarter. Alexandria Capital LLC raised 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 purchasing an additional 22 shares in the last quarter. Finally, Paragon Capital Management Ltd bought a new stake in Wal-Mart Stores during the first quarter worth approximately $201,000. 30.19% of the stock is owned by institutional investors.

A number of analysts have recently commented on the company. KeyCorp reissued a “buy” rating and issued a $90.00 price objective on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. Vetr lowered Wal-Mart Stores from a “strong-buy” rating to a “buy” rating and set a $80.69 price objective for the company. in a report on Monday, June 19th. BidaskClub cut Wal-Mart Stores from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 20th. Jefferies Group LLC set a $88.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Monday, July 17th. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of Wal-Mart Stores in a report on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Wal-Mart Stores has a consensus rating of “Hold” and an average price target of $80.52.

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In related news, insider Jacqueline P. Canney sold 1,586 shares of the stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total transaction of $125,294.00. Following the completion of the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at $1,668,875. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director S Robson Walton sold 646,330 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $80.20, for a total value of $51,835,666.00. Following the transaction, the director now directly owns 3,344,956 shares of the company’s stock, valued at $268,265,471.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,924,828 shares of company stock worth $785,676,492. 51.39% of the stock is owned by company insiders.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) traded up 0.41% on Monday, hitting $78.46. The company had a trading volume of 3,773,575 shares. The firm has a 50 day moving average of $79.87 and a 200-day moving average of $76.28. Wal-Mart Stores, Inc. has a 12-month low of $65.28 and a 12-month high of $81.99. The firm has a market capitalization of $234.38 billion, a P/E ratio of 18.85 and a beta of 0.29.

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

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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