Robeco Institutional Asset Management B.V. lessened its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 31.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,083,473 shares of the retailer’s stock after selling 490,343 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Wal-Mart Stores were worth $82,000,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ropes Wealth Advisors LLC grew its holdings in Wal-Mart Stores by 4.6% during the 1st quarter. Ropes Wealth Advisors LLC now owns 23,573 shares of the retailer’s stock valued at $1,699,000 after buying an additional 1,039 shares in the last quarter. Security National Bank of SO Dak grew its holdings in Wal-Mart Stores by 2.6% during the 1st quarter. Security National Bank of SO Dak now owns 15,305 shares of the retailer’s stock valued at $1,103,000 after buying an additional 386 shares in the last quarter. First Personal Financial Services grew its holdings in Wal-Mart Stores by 5.0% during the 1st quarter. First Personal Financial Services now owns 72,719 shares of the retailer’s stock valued at $5,242,000 after buying an additional 3,434 shares in the last quarter. State of Wisconsin Investment Board grew its holdings in Wal-Mart Stores by 23.1% during the 2nd quarter. State of Wisconsin Investment Board now owns 2,095,792 shares of the retailer’s stock valued at $158,610,000 after buying an additional 393,180 shares in the last quarter. Finally, Berkshire Asset Management LLC PA grew its holdings in Wal-Mart Stores by 1.5% during the 2nd quarter. Berkshire Asset Management LLC PA now owns 138,747 shares of the retailer’s stock valued at $10,500,000 after buying an additional 1,994 shares in the last quarter. 30.18% of the stock is owned by institutional investors and hedge funds.

Wal-Mart Stores, Inc. (NYSE:WMT) opened at $89.68 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.18 and a current ratio of 0.78. The company has a market capitalization of $267,892.28, a P/E ratio of 20.57, a P/E/G ratio of 3.46 and a beta of 0.34. Wal-Mart Stores, Inc. has a twelve month low of $65.28 and a twelve month high of $89.88.

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

Wal-Mart Stores declared that its board has initiated a share repurchase program on Tuesday, October 10th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the retailer to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

In other Wal-Mart Stores news, major shareholder Alice L. Walton sold 2,000,000 shares of the stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $79.47, for a total value of $158,940,000.00. Following the completion of the transaction, the insider now owns 6,748,580 shares in the company, valued at $536,309,652.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 474,042 shares of the stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $80.04, for a total value of $37,942,321.68. Following the completion of the transaction, the insider now owns 10,048,580 shares of the company’s stock, valued at approximately $804,288,343.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,924,828 shares of company stock valued at $785,676,492. 51.39% of the stock is owned by corporate insiders.

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A number of research analysts have weighed in on WMT shares. Goldman Sachs Group, Inc. (The) set a $84.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a report on Wednesday, July 26th. Zacks Investment Research raised Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a report on Thursday, July 13th. Jefferies Group LLC set a $88.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Monday, July 17th. Bank of America Corporation set a $100.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday, October 10th. Finally, KeyCorp set a $100.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $85.58.

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.

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

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