Wal-Mart Stores, Inc. (WMT) Holdings Decreased by WINTON GROUP Ltd
WINTON GROUP Ltd lessened its holdings in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 61.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 115,821 shares of the retailer’s stock after selling 186,620 shares during the quarter. WINTON GROUP Ltd’s holdings in Wal-Mart Stores were worth $8,765,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of WMT. Winfield Associates Inc. increased its holdings in Wal-Mart Stores by 5.8% in the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after purchasing an additional 75 shares in the last quarter. TrimTabs Asset Management LLC increased its holdings in Wal-Mart Stores by 89.2% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after purchasing an additional 696 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its holdings in Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after purchasing an additional 45 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in Wal-Mart Stores by 456.9% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC increased its holdings in Wal-Mart Stores by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after purchasing an additional 7 shares in the last quarter. 30.65% of the stock is currently owned by institutional investors.
In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 1,586 shares of Wal-Mart Stores 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 transaction, the insider now directly owns 21,125 shares in the company, valued at approximately $1,668,875. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jacqueline P. Canney sold 2,065 shares of Wal-Mart Stores stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $96.99, for a total transaction of $200,284.35. Following the transaction, the insider now owns 19,060 shares in the company, valued at $1,848,629.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,421,174 shares of company stock worth $1,366,398,832. 51.39% of the stock is currently owned by company insiders.
Wal-Mart Stores, Inc. (NYSE WMT) traded up $1.06 during midday trading on Thursday, hitting $97.76. 7,879,300 shares of the company were exchanged, compared to its average volume of 8,914,336. Wal-Mart Stores, Inc. has a fifty-two week low of $65.28 and a fifty-two week high of $100.13. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $288,830.00, a price-to-earnings ratio of 22.08, a PEG ratio of 3.56 and a beta of 0.37.
Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.03. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The business had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. During the same quarter last year, the business earned $0.98 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. analysts forecast that Wal-Mart Stores, Inc. will post 4.43 EPS for the current year.
Wal-Mart Stores declared that its board has authorized a stock repurchase program on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the retailer to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.
WMT has been the subject of several recent research reports. BMO Capital Markets reiterated a “market weight” rating on shares of Wal-Mart Stores in a report on Thursday, September 14th. Jefferies Group set a $105.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, November 14th. J P Morgan Chase & Co restated a “neutral” rating and set a $84.00 target price (up from $80.00) on shares of Wal-Mart Stores in a research note on Friday, October 6th. Bank of America set a $100.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 10th. Finally, Barclays set a $100.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research note on Monday, November 13th. One research analyst has rated the stock with a sell rating, twenty-one have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Wal-Mart Stores has a consensus rating of “Hold” and a consensus price target of $92.96.
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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