First Allied Advisory Services Inc. lifted its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 26.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,939 shares of the retailer’s stock after purchasing an additional 15,525 shares during the period. First Allied Advisory Services Inc.’s holdings in Wal-Mart Stores were worth $5,649,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Peddock Capital Advisors LLC grew its stake in Wal-Mart Stores by 13.9% in the 1st quarter. Peddock Capital Advisors LLC now owns 8,601 shares of the retailer’s stock valued at $620,000 after buying an additional 1,047 shares in the last quarter. Denver Investment Advisors LLC grew its stake in Wal-Mart Stores by 0.7% in the 1st quarter. Denver Investment Advisors LLC now owns 33,203 shares of the retailer’s stock valued at $2,393,000 after buying an additional 240 shares in the last quarter. Mosaic Family Wealth LLC grew its stake in Wal-Mart Stores by 36.6% in the 1st quarter. Mosaic Family Wealth LLC now owns 17,175 shares of the retailer’s stock valued at $1,237,000 after buying an additional 4,605 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Wal-Mart Stores by 29.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 111,703 shares of the retailer’s stock valued at $8,052,000 after buying an additional 25,380 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Wal-Mart Stores by 1.2% in the 1st quarter. Ameriprise Financial Inc. now owns 8,266,589 shares of the retailer’s stock valued at $595,995,000 after buying an additional 99,921 shares in the last quarter. Institutional investors own 30.65% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) traded down $0.23 during trading hours on Monday, reaching $96.55. 5,821,000 shares of the company’s stock traded hands, compared to its average volume of 8,923,303. Wal-Mart Stores, Inc. has a 1 year low of $65.28 and a 1 year high of $100.13. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. The company has a market cap of $286,760.00, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 3.56 and a beta of 0.37.

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

Wal-Mart Stores announced that its board has authorized a stock repurchase program on Tuesday, October 10th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the retailer to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

WMT has been the subject of a number of recent research reports. J P Morgan Chase & Co set a $80.00 price objective on shares of Wal-Mart Stores and gave the company a “neutral” rating in a research note on Monday, August 14th. MKM Partners reiterated a “neutral” rating on shares of Wal-Mart Stores in a research note on Tuesday, August 15th. Citigroup lifted their price objective on shares of Wal-Mart Stores from $78.00 to $80.00 and gave the company a “neutral” rating in a research note on Tuesday, August 15th. Wells Fargo & Company reiterated a “hold” rating on shares of Wal-Mart Stores in a research note on Thursday, August 17th. Finally, Royal Bank Of Canada lifted their price objective on shares of Wal-Mart Stores from $76.00 to $77.00 and gave the company an “underperform” rating in a research note on Friday, August 18th. 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 issued a strong buy rating to the company’s stock. Wal-Mart Stores currently has a consensus rating of “Hold” and a consensus target price of $92.68.

In other Wal-Mart Stores news, Director S Robson Walton sold 826,617 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Alice L. Walton sold 2,900,679 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $97.82, for a total transaction of $283,744,419.78. Following the completion of the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $660,146,095.60. The disclosure for this sale can be found here. Insiders have sold a total of 14,419,109 shares of company stock valued at $1,366,198,547 over the last ninety days. 51.39% of the stock is currently owned by 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.

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Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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