Dynamic Technology Lab Private Ltd acquired a new position in Wal-Mart Stores, Inc. (NYSE:WMT) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,800 shares of the retailer’s stock, valued at approximately $439,000.

Several other hedge funds also recently bought and sold shares of WMT. Vanguard Group Inc. grew its position in Wal-Mart Stores by 0.4% during the second quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock valued at $7,997,381,000 after acquiring an additional 440,343 shares during the last quarter. FMR LLC grew its position in Wal-Mart Stores by 45.3% during the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after acquiring an additional 5,608,785 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Wal-Mart Stores by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 14,579,702 shares of the retailer’s stock valued at $1,103,426,000 after acquiring an additional 580,373 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Wal-Mart Stores by 1.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 9,263,738 shares of the retailer’s stock valued at $701,080,000 after acquiring an additional 174,296 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in Wal-Mart Stores by 7.4% during the second quarter. Ameriprise Financial Inc. now owns 8,874,416 shares of the retailer’s stock valued at $671,623,000 after acquiring an additional 607,827 shares during the last quarter. Institutional investors own 30.65% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (WMT) traded up $1.06 during mid-day trading on Thursday, reaching $97.76. The company had a trading volume of 7,879,300 shares, compared to its average volume of 8,914,336. Wal-Mart Stores, Inc. has a 12 month low of $65.28 and a 12 month high of $100.13. The stock has a market capitalization of $288,830.00, a price-to-earnings ratio of 22.08, 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 announced its quarterly earnings results on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.03. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The company had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. During the same quarter last year, the firm posted $0.98 earnings per share. The firm’s revenue was up 4.2% on a year-over-year basis. research analysts predict that Wal-Mart Stores, Inc. will post 4.43 EPS for the current year.

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

A number of research analysts have commented on WMT shares. Wells Fargo & Company reiterated a “hold” rating on shares of Wal-Mart Stores in a research report on Thursday, August 17th. Royal Bank of Canada increased their price target on shares of Wal-Mart Stores from $76.00 to $77.00 and gave the company an “underperform” rating in a research report on Friday, August 18th. Jefferies Group set a $93.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Thursday, August 17th. Credit Suisse Group reiterated a “hold” rating and set a $84.00 price target on shares of Wal-Mart Stores in a research report on Friday, August 18th. Finally, Oppenheimer reiterated a “buy” rating and set a $90.00 price target on shares of Wal-Mart Stores in a research report on Friday, August 18th. One equities research 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. The company presently has a consensus rating of “Hold” and an average price target of $92.96.

In related news, major shareholder Alice L. Walton sold 2,000,000 shares of the firm’s stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $79.47, for a total value of $158,940,000.00. Following the completion of the sale, the insider now owns 6,748,580 shares of the company’s stock, valued at $536,309,652.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 1,200 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $99.29, for a total value of $119,148.00. Following the completion of the sale, the executive vice president now directly owns 48,757 shares of the company’s stock, valued at approximately $4,841,082.53. The disclosure for this sale can be found here. Insiders sold 14,421,174 shares of company stock valued at $1,366,398,832 in the last ninety days. 51.39% of the stock is currently owned by insiders.

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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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