Dubuque Bank & Trust Co. lowered its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 0.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 168,064 shares of the retailer’s stock after selling 906 shares during the period. Wal-Mart Stores comprises about 2.8% of Dubuque Bank & Trust Co.’s investment portfolio, making the stock its 5th largest position. Dubuque Bank & Trust Co.’s holdings in Wal-Mart Stores were worth $12,719,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Gemmer Asset Management LLC boosted its position in Wal-Mart Stores by 0.3% in the second quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock worth $224,000 after buying an additional 10 shares in the last quarter. Asset Planning Services Ltd. boosted its position in Wal-Mart Stores by 0.7% in the first quarter. Asset Planning Services Ltd. now owns 1,511 shares of the retailer’s stock worth $109,000 after buying an additional 11 shares in the last quarter. Wellington Shields & Co. LLC boosted its position in Wal-Mart Stores by 0.4% in the first quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock worth $264,000 after buying an additional 15 shares in the last quarter. Alexandria Capital LLC boosted its position in Wal-Mart Stores by 0.9% in the first quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock worth $181,000 after buying an additional 22 shares in the last quarter. Finally, Sterneck Capital Management LLC boosted its position in Wal-Mart Stores by 0.3% in the first quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock worth $475,000 after buying an additional 22 shares in the last quarter. Institutional investors and hedge funds own 30.09% of the company’s stock.

Wal-Mart Stores, Inc. (WMT) traded down 0.32% on Friday, hitting $80.40. The stock had a trading volume of 7,905,495 shares. The firm’s 50-day moving average price is $77.44 and its 200-day moving average price is $74.15. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $81.99. The firm has a market cap of $242.37 billion, a P/E ratio of 18.26 and a beta of 0.29.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, May 18th. The retailer reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.04. The business had revenue of $116.53 billion during the quarter, compared to the consensus estimate of $117.01 billion. Wal-Mart Stores had a return on equity of 16.96% and a net margin of 2.79%. Wal-Mart Stores’s revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company earned $0.98 EPS. On average, equities research analysts predict that Wal-Mart Stores, Inc. will post $4.36 earnings per share for the current year.

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A number of equities analysts have weighed in on the company. BidaskClub upgraded Wal-Mart Stores from a “buy” rating to a “strong-buy” rating in a report on Friday. Jefferies Group LLC set a $88.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Friday. Stephens upgraded Wal-Mart Stores from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $78.00 to $91.00 in a report on Friday. Cowen and Company set a $86.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, August 7th. Finally, Royal Bank Of Canada set a $76.00 price target on Wal-Mart Stores and gave the stock a “sell” rating in a report on Friday, August 4th. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $79.40.

In related news, Director S Robson Walton sold 1,618,300 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $80.22, for a total transaction of $129,820,026.00. Following the completion of the transaction, the director now owns 3,344,956 shares in the company, valued at approximately $268,332,370.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider David Chojnowski sold 5,142 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $79.36, for a total value of $408,069.12. The disclosure for this sale can be found here. Insiders have sold a total of 23,006,720 shares of company stock valued at $1,816,131,604 in the last 90 days. 51.39% of the stock is owned by corporate insiders.

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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