Northwestern Mutual Wealth Management Co. raised its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 6.2% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 94,043 shares of the retailer’s stock after buying an additional 5,479 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Wal-Mart Stores were worth $6,778,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. TrimTabs Asset Management LLC boosted its stake in shares of Wal-Mart Stores by 89.2% in the first quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after buying an additional 696 shares during the period. Asset Planning Services Ltd. boosted its stake in shares of 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 during the period. Arcadia Investment Management Corp MI boosted its stake in shares of Wal-Mart Stores by 7.2% in the first quarter. Arcadia Investment Management Corp MI now owns 2,504 shares of the retailer’s stock worth $180,000 after buying an additional 169 shares during the period. Alexandria Capital LLC boosted its stake in shares of 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 during the period. Finally, Paragon Capital Management Ltd acquired a new stake in shares of Wal-Mart Stores during the first quarter worth $201,000. Institutional investors and hedge funds own 29.93% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) traded down 0.03% during mid-day trading on Thursday, reaching $78.52. 2,084,632 shares of the company’s stock were exchanged. The company’s 50 day moving average is $78.55 and its 200 day moving average is $75.09. The stock has a market capitalization of $236.19 billion, a PE ratio of 18.87 and a beta of 0.29. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $81.99.

Wal-Mart Stores (NYSE:WMT) last issued its earnings results on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.07 by $0.01. The company had revenue of $123.40 billion for the quarter, compared to analyst estimates of $121.86 billion. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.07 EPS. Equities research analysts anticipate that Wal-Mart Stores, Inc. will post $4.37 EPS for the current fiscal year.

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A number of equities research analysts have weighed in on WMT shares. Robert W. Baird set a $80.00 price objective on shares of Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, May 15th. Sanford C. Bernstein restated a “buy” rating on shares of Wal-Mart Stores in a report on Saturday, May 13th. Vetr upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $79.40 price objective on the stock in a report on Monday, May 15th. Jefferies Group LLC increased their price target on shares of Wal-Mart Stores from $86.00 to $88.00 and gave the company a “buy” rating in a report on Friday, May 12th. Finally, Gordon Haskett began coverage on shares of Wal-Mart Stores in a report on Tuesday, May 9th. They set a “buy” rating and a $90.00 price target on the stock. Three analysts have rated the stock with a sell rating, nineteen have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. Wal-Mart Stores presently has a consensus rating of “Hold” and a consensus target price of $80.25.

In other Wal-Mart Stores news, Director S Robson Walton sold 1,618,300 shares of the business’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $80.22, for a total transaction of $129,820,026.00. Following the sale, the director now directly owns 3,344,956 shares in the company, valued at approximately $268,332,370.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 3,221,265 shares of the business’s stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $79.54, for a total transaction of $256,219,418.10. Following the sale, the insider now owns 6,748,580 shares in the company, valued at $536,782,053.20. The disclosure for this sale can be found here. Insiders have sold a total of 14,772,952 shares of company stock worth $1,173,627,531 over the last 90 days. Insiders own 51.39% of the company’s stock.

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.

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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