Town & Country Bank & Trust CO dba First Bankers Trust CO raised its holdings in Wal-Mart Stores, Inc. (NYSE:WMT) by 7.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,623 shares of the retailer’s stock after buying an additional 847 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Wal-Mart Stores were worth $880,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Gemmer Asset Management LLC lifted its stake in shares of Wal-Mart Stores by 0.3% in the second quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock valued at $224,000 after buying an additional 10 shares in the last quarter. Hallmark Capital Management Inc. lifted its position in shares of Wal-Mart Stores by 0.8% during the second quarter. Hallmark Capital Management Inc. now owns 215,852 shares of the retailer’s stock valued at $16,336,000 after purchasing an additional 1,740 shares in the last quarter. St. Johns Investment Management Company LLC lifted its position in shares of Wal-Mart Stores by 1.7% during the second quarter. St. Johns Investment Management Company LLC now owns 10,092 shares of the retailer’s stock valued at $764,000 after purchasing an additional 167 shares in the last quarter. Leavell Investment Management Inc. lifted its position in shares of Wal-Mart Stores by 1.7% during the second quarter. Leavell Investment Management Inc. now owns 11,731 shares of the retailer’s stock valued at $888,000 after purchasing an additional 200 shares in the last quarter. Finally, Somerset Trust Co lifted its position in shares of Wal-Mart Stores by 2.9% during the second quarter. Somerset Trust Co now owns 18,138 shares of the retailer’s stock valued at $1,373,000 after purchasing an additional 506 shares in the last quarter. 30.19% of the stock is currently owned by hedge funds and other institutional investors.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 1,586 shares of the stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $79.00, for a total transaction of $125,294.00. Following the completion of the sale, the insider now directly owns 21,125 shares of the company’s stock, valued at approximately $1,668,875. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Alice L. Walton sold 2,000,000 shares of the stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $79.47, for a total transaction of $158,940,000.00. Following the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $536,309,652.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,924,828 shares of company stock valued at $785,676,492. Insiders own 51.39% of the company’s stock.

A number of research firms recently weighed in on WMT. KeyCorp reissued a “buy” rating and set a $90.00 price target on shares of Wal-Mart Stores in a research report on Tuesday, September 19th. Vetr lowered shares of Wal-Mart Stores from a “strong-buy” rating to a “buy” rating and set a $80.69 price target on the stock. in a research report on Monday, June 19th. BidaskClub lowered shares of Wal-Mart Stores from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Jefferies Group LLC set a $88.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Monday, July 17th. Finally, Wells Fargo & Company reissued a “hold” rating on shares of Wal-Mart Stores in a research report on Thursday, August 17th. Three investment analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $80.52.

Shares of Wal-Mart Stores, Inc. (WMT) traded down 1.03% during midday trading on Friday, reaching $78.14. 10,353,361 shares of the company’s stock traded hands. Wal-Mart Stores, Inc. has a one year low of $65.28 and a one year high of $81.99. The stock’s 50-day moving average price is $79.87 and its 200 day moving average price is $76.28. The firm has a market capitalization of $233.42 billion, a PE ratio of 18.77 and a beta of 0.30.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The business had revenue of $123.40 billion during the quarter, compared to analyst estimates of $121.86 billion. During the same period last year, the firm posted $1.07 EPS. The company’s revenue was up 2.1% on a year-over-year basis. On average, equities research analysts expect that Wal-Mart Stores, Inc. will post $4.37 earnings per share for the current fiscal year.

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Wal-Mart Stores 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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