Nicholas Hoffman & Company LLC. raised its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,146 shares of the retailer’s stock after acquiring an additional 38 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Wal-Mart Stores were worth $1,676,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of WMT. Winfield Associates Inc. lifted its stake in shares of Wal-Mart Stores by 5.8% during the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after purchasing an additional 75 shares in the last quarter. TrimTabs Asset Management LLC lifted 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 worth $106,000 after purchasing an additional 696 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in shares of Wal-Mart Stores by 3.3% during the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after purchasing an additional 45 shares in the last quarter. Thompson Davis & CO. Inc. lifted its stake in shares of Wal-Mart Stores by 456.9% during the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC lifted its stake in shares of Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares in the last quarter. 30.40% of the stock is owned by hedge funds and other institutional investors.

Wal-Mart Stores, Inc. (NYSE:WMT) traded down $0.23 during trading hours on Friday, hitting $96.55. The company had a trading volume of 5,753,261 shares, compared to its average volume of 11,072,982. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. Wal-Mart Stores, Inc. has a fifty-two week low of $65.28 and a fifty-two week high of $100.13. The firm has a market capitalization of $286,699.34, a PE ratio of 22.10, a price-to-earnings-growth ratio of 3.57 and a beta of 0.37.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The firm had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. Wal-Mart Stores’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 earnings per share. equities research analysts expect that Wal-Mart Stores, Inc. will post 4.43 EPS for the current fiscal year.

Wal-Mart Stores announced that its Board of Directors has authorized a stock buyback plan on Tuesday, October 10th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the retailer to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

A number of brokerages have commented on WMT. Goldman Sachs Group cut Wal-Mart Stores from a “buy” rating to a “neutral” rating and set a $100.00 price objective on the stock. in a research note on Monday, November 20th. They noted that the move was a valuation call. KeyCorp restated a “buy” rating and set a $90.00 price objective on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. Zacks Investment Research cut Wal-Mart Stores from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Barclays restated a “buy” rating and set a $110.00 price objective on shares of Wal-Mart Stores in a research note on Tuesday, November 21st. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a $84.00 price objective (up previously from $80.00) on shares of Wal-Mart Stores in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Wal-Mart Stores presently has a consensus rating of “Hold” and an average target price of $92.68.

In related news, Director S Robson Walton sold 826,617 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $96.39, for a total value of $79,677,612.63. Following the completion of the sale, the director now directly owns 3,345,065 shares of the company’s stock, valued at $322,430,815.35. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP David Chojnowski sold 684 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $99.29, for a total value of $67,914.36. The disclosure for this sale can be found here. Over the last three months, insiders sold 14,419,109 shares of company stock valued at $1,366,198,547. 51.39% of the stock is owned by corporate insiders.

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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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