Osborne Partners Capital Management LLC decreased its holdings in Wal-Mart Stores, Inc. (NYSE:WMT) by 1.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,730 shares of the retailer’s stock after selling 1,629 shares during the period. Osborne Partners Capital Management LLC’s holdings in Wal-Mart Stores were worth $6,699,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Winfield Associates Inc. lifted its stake in Wal-Mart Stores by 5.8% in the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after purchasing an additional 75 shares during the last quarter. TrimTabs Asset Management LLC lifted its stake in 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 purchasing an additional 696 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in Wal-Mart Stores by 3.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after purchasing an additional 45 shares during the last quarter. Thompson Davis & CO. Inc. lifted its stake in Wal-Mart Stores by 456.9% in the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after purchasing an additional 1,252 shares during the last quarter. Finally, Hudock Capital Group LLC lifted its stake in Wal-Mart Stores by 0.4% in the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares during the last quarter. 30.58% of the stock is owned by hedge funds and other institutional investors.

Several analysts have issued reports on the stock. Vetr downgraded shares of Wal-Mart Stores from a “hold” rating to a “sell” rating and set a $91.97 price objective for the company. in a research note on Friday, November 17th. Telsey Advisory Group reduced their target price on shares of Wal-Mart Stores from $108.00 to $96.00 and set an “outperform” rating on the stock in a research report on Friday, November 17th. Royal Bank of Canada raised their target price on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the stock an “underperform” rating in a research report on Friday, November 17th. Morgan Stanley raised their target price on shares of Wal-Mart Stores from $90.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Friday, November 17th. Finally, BMO Capital Markets raised their target price on shares of Wal-Mart Stores from $91.00 to $99.00 and gave the stock a “market perform” rating in a research report on Friday, November 17th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, twenty have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $94.23.

In other Wal-Mart Stores news, major shareholder Alice L. Walton sold 2,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $79.47, for a total value of $158,940,000.00. Following the completion of the sale, the insider now directly owns 6,748,580 shares in the company, valued at $536,309,652.60. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director S Robson Walton sold 826,617 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $96.39, for a total transaction of $79,677,612.63. Following the completion of the sale, the director now owns 3,345,065 shares of the company’s stock, valued at $322,430,815.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,421,174 shares of company stock valued at $1,366,398,832. 51.39% of the stock is owned by insiders.

Wal-Mart Stores, Inc. (NYSE WMT) opened at $98.80 on Wednesday. The stock has a market cap of $290,017.22, a P/E ratio of 22.35, a P/E/G ratio of 3.61 and a beta of 0.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $100.13.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The company had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. Wal-Mart Stores’s revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.98 earnings per share. equities analysts predict that Wal-Mart Stores, Inc. will post 4.43 EPS for the current year.

Wal-Mart Stores announced that its Board of Directors has authorized a stock buyback plan on Tuesday, October 10th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the retailer to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

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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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