Farmers National Bank raised its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 1.2% during the first quarter, Holdings Channel reports. The institutional investor owned 13,741 shares of the retailer’s stock after buying an additional 167 shares during the period. Farmers National Bank’s holdings in Wal-Mart Stores were worth $991,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Pegasus Partners Ltd. acquired a new stake in Wal-Mart Stores during the fourth quarter worth $803,000. Teachers Advisors LLC boosted its stake in Wal-Mart Stores by 1.1% in the fourth quarter. Teachers Advisors LLC now owns 3,251,918 shares of the retailer’s stock worth $224,773,000 after buying an additional 35,845 shares during the period. Kentucky Retirement Systems acquired a new stake in Wal-Mart Stores during the fourth quarter worth $7,553,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Wal-Mart Stores during the fourth quarter worth $3,370,000. Finally, Macquarie Group Ltd. boosted its stake in Wal-Mart Stores by 47.6% in the fourth quarter. Macquarie Group Ltd. now owns 178,757 shares of the retailer’s stock worth $12,355,000 after buying an additional 57,670 shares during the period. 30.00% of the stock is currently owned by hedge funds and other institutional investors.

Wal-Mart Stores, Inc. (WMT) traded up 0.541% on Monday, hitting $80.835. 2,221,696 shares of the stock traded hands. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $81.99. The stock has a market cap of $243.68 billion, a price-to-earnings ratio of 18.355 and a beta of 0.29. The firm’s 50 day moving average is $77.44 and its 200 day moving average is $74.15.

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

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A number of research firms have recently weighed in on WMT. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $74.00 price target on shares of Wal-Mart Stores in a report on Friday, May 5th. Pacific Crest cut Wal-Mart Stores to a “hold” rating in a report on Sunday, April 30th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Wal-Mart Stores in a report on Saturday, May 13th. UBS AG reaffirmed a “neutral” rating and set a $80.00 price target (up previously from $73.00) on shares of Wal-Mart Stores in a report on Sunday, May 21st. Finally, J P Morgan Chase & Co set a $80.00 price objective on shares of Wal-Mart Stores and gave the company a “neutral” rating in a research note on Monday. Three investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $79.77.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 1,322 shares of Wal-Mart Stores stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $78.75, for a total value of $104,107.50. Following the completion of the sale, the insider now owns 23,854 shares in the company, valued at approximately $1,878,502.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director S Robson Walton sold 1,321,340 shares of Wal-Mart Stores stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $78.61, for a total transaction of $103,870,537.40. The disclosure for this sale can be found here. Insiders sold a total of 23,006,720 shares of company stock valued at $1,816,131,604 in the last quarter. Corporate insiders own 51.39% of the company’s stock.

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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