Archford Capital Strategies LLC lifted its holdings in Wal-Mart Stores Inc (NYSE:WMT) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,594 shares of the retailer’s stock after acquiring an additional 4,394 shares during the period. Wal-Mart Stores makes up 1.5% of Archford Capital Strategies LLC’s portfolio, making the stock its 10th biggest position. Archford Capital Strategies LLC’s holdings in Wal-Mart Stores were worth $4,110,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Voya Investment Management LLC increased its position in shares of Wal-Mart Stores by 10.9% in the second quarter. Voya Investment Management LLC now owns 2,983,092 shares of the retailer’s stock worth $225,760,000 after acquiring an additional 294,383 shares in the last quarter. Cutter & CO Brokerage Inc. increased its position in shares of Wal-Mart Stores by 2.5% in the second quarter. Cutter & CO Brokerage Inc. now owns 8,067 shares of the retailer’s stock worth $611,000 after acquiring an additional 200 shares in the last quarter. State of Wisconsin Investment Board increased its position in shares of Wal-Mart Stores by 23.1% in the second quarter. State of Wisconsin Investment Board now owns 2,095,792 shares of the retailer’s stock worth $158,610,000 after acquiring an additional 393,180 shares in the last quarter. Parkside Investments LLC acquired a new stake in shares of Wal-Mart Stores in the third quarter worth $344,000. Finally, Numeric Investors LLC increased its position in shares of Wal-Mart Stores by 31.2% in the second quarter. Numeric Investors LLC now owns 1,179,674 shares of the retailer’s stock worth $89,278,000 after acquiring an additional 280,430 shares in the last quarter. 30.62% of the stock is owned by institutional investors.

Wal-Mart Stores Inc (WMT) opened at $99.37 on Friday. Wal-Mart Stores Inc has a 52 week low of $67.56 and a 52 week high of $109.98. The company has a current ratio of 0.81, a quick ratio of 0.19 and a debt-to-equity ratio of 0.52. The company has a market cap of $294,370.00, a price-to-earnings ratio of 26.43, a price-to-earnings-growth ratio of 3.57 and a beta of 0.42.

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

In other Wal-Mart Stores news, EVP John R. Furner sold 1,200 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $119,148.00. Following the transaction, the executive vice president now directly owns 48,757 shares in the company, valued at approximately $4,841,082.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Chojnowski sold 684 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $67,914.36. The disclosure for this sale can be found here. Insiders have sold a total of 12,419,588 shares of company stock worth $1,207,333,538 over the last quarter. 51.39% of the stock is currently owned by insiders.

Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $112.00 price objective for the company in a research report on Saturday. Vetr upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $110.28 target price for the company in a research note on Thursday, February 1st. Cowen set a $120.00 target price on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Thursday. ValuEngine upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, UBS Group set a $100.00 target price on shares of Wal-Mart Stores and gave the company a “neutral” rating in a research note on Thursday, January 4th. Seventeen analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $100.30.

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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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