Berkshire Hathaway Inc. continued to hold its stake in Wal-Mart Stores, Inc. (NYSE:WMT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,393,513 shares of the retailer’s stock at the close of the second quarter. Berkshire Hathaway Inc.’s holdings in Wal-Mart Stores were worth $105,461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Winfield Associates Inc. grew its holdings in Wal-Mart Stores by 5.8% during the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after acquiring an additional 75 shares during the period. TrimTabs Asset Management LLC grew its holdings in Wal-Mart Stores by 89.2% during the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after acquiring an additional 696 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its holdings in Wal-Mart Stores by 3.3% during the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after acquiring an additional 45 shares during the period. Thompson Davis & CO. Inc. grew its holdings in Wal-Mart Stores by 456.9% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after acquiring an additional 1,252 shares during the period. Finally, Hudock Capital Group LLC grew its holdings in Wal-Mart Stores by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after acquiring an additional 7 shares during the period. Institutional investors own 30.65% of the company’s stock.

In related news, Director S Robson Walton sold 545,504 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $97.09, for a total value of $52,962,983.36. Following the completion of the transaction, the director now directly owns 4,345,065 shares in the company, valued at $421,862,360.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Jim C. Walton sold 1,319,133 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $97.61, for a total transaction of $128,760,572.13. Following the completion of the transaction, the insider now owns 11,057,224 shares of the company’s stock, valued at $1,079,295,634.64. 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 90 days. Company insiders own 51.39% of the company’s stock.

WMT has been the subject of a number of recent analyst reports. J P Morgan Chase & Co set a $80.00 price target on Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday, August 14th. MKM Partners restated a “neutral” rating on shares of Wal-Mart Stores in a research note on Tuesday, August 15th. Citigroup raised their target price on 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 restated 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 target on 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 investment analyst has rated the stock with a sell rating, twenty-one have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Wal-Mart Stores currently has an average rating of “Hold” and a consensus price target of $92.96.

Wal-Mart Stores, Inc. (NYSE:WMT) traded up $0.38 during trading on Tuesday, reaching $96.93. 8,928,900 shares of the company were exchanged, compared to its average volume of 8,923,326. Wal-Mart Stores, Inc. has a fifty-two week low of $65.28 and a fifty-two week high of $100.13. The stock has a market cap of $286,018.00, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 3.56 and a beta of 0.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.19.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating 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 business had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. During the same period in the previous year, the business earned $0.98 EPS. Wal-Mart Stores’s revenue was up 4.2% compared to the same quarter last year. equities research analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 earnings per share for the current fiscal year.

Wal-Mart Stores declared that its Board of Directors has initiated a stock repurchase program on Tuesday, October 10th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the retailer to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

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Wal-Mart Stores Company 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.

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

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