Daiwa Securities Group Inc. grew its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,090 shares of the retailer’s stock after acquiring an additional 1,180 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Wal-Mart Stores were worth $6,440,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Gemmer Asset Management LLC lifted its position in shares of Wal-Mart Stores by 0.3% in 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 during the period. Wellington Shields & Co. LLC lifted its position in shares of Wal-Mart Stores by 0.4% in 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 during the period. Alexandria Capital LLC lifted its position in shares of Wal-Mart Stores by 0.9% in 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 during the period. Sterneck Capital Management LLC lifted its position in shares of Wal-Mart Stores by 0.3% in 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 during the period. Finally, Investors Asset Management of Georgia Inc. GA ADV lifted its position in shares of Wal-Mart Stores by 0.7% in 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 during the period. Institutional investors own 30.19% of the company’s stock.

In other Wal-Mart Stores news, Director S Robson Walton sold 129,628 shares of the company’s stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $80.44, for a total transaction of $10,427,276.32. Following the sale, the director now owns 3,344,956 shares of the company’s stock, valued at $269,068,260.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 474,042 shares of the company’s stock in a transaction on 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 sale, the insider now directly owns 10,048,580 shares in the company, valued at approximately $804,288,343.20. The disclosure for this sale can be found here. Insiders have sold 9,924,828 shares of company stock worth $785,676,492 in the last ninety days. Insiders own 51.39% of the company’s stock.

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Wal-Mart Stores, Inc. (NYSE:WMT) opened at 79.09 on Thursday. Wal-Mart Stores, Inc. has a 12-month low of $65.28 and a 12-month high of $81.99. The company has a market capitalization of $236.26 billion, a price-to-earnings ratio of 19.00 and a beta of 0.29. The firm’s 50-day moving average price is $79.36 and its 200 day moving average price is $76.96. Wal-Mart Stores also was the target of some unusual options trading activity on Monday. Stock investors bought 5,107 put options on the company. This is an increase of approximately 351% compared to the average volume of 1,132 put options.

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

A number of analysts have commented on the company. KeyCorp reiterated a “buy” rating and issued a $90.00 price objective on shares of Wal-Mart Stores in a research report on Tuesday, September 19th. Vetr downgraded Wal-Mart Stores from a “strong-buy” rating to a “buy” rating and set a $80.69 price objective for the company. in a research report on Monday, June 19th. BidaskClub downgraded Wal-Mart Stores from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. 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. Finally, Wells Fargo & Company reiterated a “hold” rating on shares of Wal-Mart Stores in a research report on Thursday, August 17th. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $81.44.

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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