Franklin Street Advisors Inc. NC bought a new stake in Wal-Mart Stores Inc (NYSE:WMT) during the fourth quarter, HoldingsChannel.com reports. The firm bought 2,267 shares of the retailer’s stock, valued at approximately $224,000.

A number of other hedge funds also recently bought and sold shares of WMT. FMR LLC raised its stake in shares of 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 purchasing an additional 5,608,785 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Wal-Mart Stores by 42.6% during the second quarter. Alliancebernstein L.P. now owns 5,745,493 shares of the retailer’s stock valued at $434,819,000 after purchasing an additional 1,716,422 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Wal-Mart Stores by 52.9% during the second quarter. Parametric Portfolio Associates LLC now owns 4,883,390 shares of the retailer’s stock valued at $369,565,000 after purchasing an additional 1,689,364 shares in the last quarter. Neuberger Berman Group LLC raised its stake in shares of Wal-Mart Stores by 100.2% during the second quarter. Neuberger Berman Group LLC now owns 2,646,589 shares of the retailer’s stock valued at $200,294,000 after purchasing an additional 1,324,722 shares in the last quarter. Finally, Old Mutual Global Investors UK Ltd. raised its stake in shares of Wal-Mart Stores by 128.7% during the third quarter. Old Mutual Global Investors UK Ltd. now owns 2,058,798 shares of the retailer’s stock valued at $160,874,000 after purchasing an additional 1,158,519 shares in the last quarter. Institutional investors own 30.45% of the company’s stock.

A number of equities research analysts recently weighed in on the stock. Goldman Sachs Group cut shares of 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. Barclays lifted their price objective on shares of Wal-Mart Stores to $120.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Zacks Investment Research cut shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Vetr cut shares of Wal-Mart Stores from a “hold” rating to a “sell” rating and set a $91.97 price objective on the stock. in a research note on Friday, November 17th. Finally, Cowen set a $120.00 price objective on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Thursday, February 8th. Eighteen analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $100.30.

In related news, EVP John R. Furner sold 1,200 shares of Wal-Mart Stores stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $99.29, for a total value of $119,148.00. Following the transaction, the executive vice president now owns 48,757 shares of the company’s stock, valued at approximately $4,841,082.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Chojnowski sold 684 shares of Wal-Mart Stores stock in a transaction dated Friday, November 17th. The stock was 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. Insiders sold a total of 12,419,588 shares of company stock worth $1,207,333,538 in the last three months. 51.39% of the stock is currently owned by company insiders.

Wal-Mart Stores Inc (NYSE:WMT) opened at $100.98 on Wednesday. The firm has a market capitalization of $299,140.00, a PE ratio of 26.86, a P/E/G ratio of 3.55 and a beta of 0.42. Wal-Mart Stores Inc has a 12 month low of $67.71 and a 12 month high of $109.98. 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 issued its quarterly earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The firm had revenue of $122.14 billion for the quarter, compared to analysts’ expectations 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 revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current fiscal year.

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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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