Bank of Hawaii boosted its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 38,345 shares of the retailer’s stock after purchasing an additional 673 shares during the period. Bank of Hawaii owned 1,283.64% of Wal-Mart Stores worth $2,996,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WMT. Winfield Associates Inc. boosted its stake in shares of Wal-Mart Stores by 5.8% during the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after buying an additional 75 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in shares of Wal-Mart Stores by 3.3% during 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 buying an additional 45 shares during the period. Thompson Davis & CO. Inc. boosted its stake in shares of Wal-Mart Stores by 456.9% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after buying an additional 1,252 shares during the period. Hudock Capital Group LLC boosted its stake in shares of Wal-Mart Stores by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after buying an additional 7 shares during the period. Finally, Kistler Tiffany Companies LLC boosted its stake in shares of Wal-Mart Stores by 124.2% during the 2nd quarter. Kistler Tiffany Companies LLC now owns 1,910 shares of the retailer’s stock valued at $145,000 after buying an additional 1,058 shares during the period. Hedge funds and other institutional investors own 30.58% of the company’s stock.

A number of brokerages have issued reports on WMT. Zacks Investment Research lowered shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a research note on Saturday. Vetr lowered shares of Wal-Mart Stores from a “hold” rating to a “sell” rating and set a $91.97 target price for the company. in a research note on Friday, November 17th. Telsey Advisory Group decreased their target price on shares of Wal-Mart Stores from $108.00 to $96.00 and set an “outperform” rating for the company in a research note on Friday, November 17th. Royal Bank of Canada lifted their target price on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the company an “underperform” rating in a research note on Friday, November 17th. Finally, Morgan Stanley lifted their target price on shares of Wal-Mart Stores from $90.00 to $92.00 and gave the company an “equal weight” rating in a research note on Friday, November 17th. One research analyst has rated the stock with a sell rating, twenty have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $96.81.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) opened at $100.13 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $100.38. The stock has a market cap of $296,620.00, a price-to-earnings ratio of 26.63, a P/E/G ratio of 3.67 and a beta of 0.37.

Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The firm had revenue of $122.14 billion during 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%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 EPS. research analysts forecast that Wal-Mart Stores, Inc. will post 4.43 earnings per share for the current year.

Wal-Mart Stores declared that its board has authorized a share buyback program on Tuesday, October 10th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the retailer to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

In other Wal-Mart Stores news, EVP John R. Furner sold 1,200 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $119,148.00. Following the completion of the transaction, the executive vice president now owns 48,757 shares of the company’s stock, valued at approximately $4,841,082.53. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Chojnowski sold 684 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $99.29, for a total transaction of $67,914.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,419,588 shares of company stock valued at $1,207,333,538. Company insiders own 51.39% of the company’s stock.

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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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