Sii Investments Inc. WI boosted its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 13.8% during the first quarter, Holdings Channel reports. The firm owned 33,891 shares of the retailer’s stock after buying an additional 4,119 shares during the period. Sii Investments Inc. WI’s holdings in Wal-Mart Stores were worth $2,443,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. TrimTabs Asset Management LLC increased its position 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. increased its position 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. Paragon Capital Management Ltd purchased a new position in shares of Wal-Mart Stores during the first quarter worth approximately $201,000. High Point Bank & Trust Co. increased its position in shares of Wal-Mart Stores by 71.9% in the fourth quarter. High Point Bank & Trust Co. now owns 1,960 shares of the retailer’s stock worth $136,000 after buying an additional 820 shares during the period. Finally, SRS Capital Advisors Inc. increased its position in shares of Wal-Mart Stores by 75.2% in the first quarter. SRS Capital Advisors Inc. now owns 2,099 shares of the retailer’s stock worth $151,000 after buying an additional 901 shares during the period. Hedge funds and other institutional investors own 30.09% of the company’s stock.

Wal-Mart Stores, Inc. (WMT) traded down 0.32% during midday trading on Friday, hitting $80.40. The stock had a trading volume of 7,905,495 shares. The company’s 50 day moving average is $77.44 and its 200 day moving average is $74.15. The company has a market cap of $242.37 billion, a price-to-earnings ratio of 18.26 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 posted its earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.04. The firm had revenue of $116.53 billion for the quarter, compared to analysts’ expectations of $117.01 billion. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. The company’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 earnings per share. On average, equities analysts anticipate that Wal-Mart Stores, Inc. will post $4.36 earnings per share for the current fiscal year.

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A number of research analysts have commented on the company. Sanford C. Bernstein restated a “buy” rating on shares of Wal-Mart Stores in a research note on Saturday, May 13th. UBS AG restated a “neutral” rating and issued a $80.00 target price (up previously from $73.00) on shares of Wal-Mart Stores in a research note on Sunday, May 21st. BidaskClub upgraded Wal-Mart Stores from a “buy” rating to a “strong-buy” rating in a research note on Friday. Oppenheimer Holdings, Inc. assumed coverage on Wal-Mart Stores in a research note on Wednesday, August 2nd. They issued an “outperform” rating and a $90.00 target price on the stock. Finally, Jefferies Group LLC set a $88.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Friday. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $79.40.

In other Wal-Mart Stores news, major shareholder Jim C. Walton sold 3,278,735 shares of the business’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $79.00, for a total transaction of $259,020,065.00. Following the sale, the insider now owns 10,507,224 shares of the company’s stock, valued at $830,070,696. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David Cheesewright sold 25,729 shares of the business’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of $76.65, for a total transaction of $1,972,127.85. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,006,720 shares of company stock worth $1,816,131,604. 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.

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

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