CENTRAL TRUST Co grew its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 4.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,101 shares of the retailer’s stock after acquiring an additional 7,075 shares during the period. CENTRAL TRUST Co’s holdings in Wal-Mart Stores were worth $11,889,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Gemmer Asset Management LLC raised its holdings in shares of Wal-Mart Stores by 0.3% during the second quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock worth $224,000 after acquiring an additional 10 shares in the last quarter. Wellington Shields & Co. LLC boosted its position in Wal-Mart Stores by 0.4% during the first quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock valued at $264,000 after purchasing an additional 15 shares during the last quarter. Alexandria Capital LLC boosted its position in Wal-Mart Stores by 0.9% during the first quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock valued at $181,000 after purchasing an additional 22 shares during the last quarter. Sterneck Capital Management LLC boosted its position in Wal-Mart Stores by 0.3% during the first quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock valued at $475,000 after purchasing an additional 22 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its position in Wal-Mart Stores by 0.3% during the first quarter. Essex Financial Services Inc. now owns 10,145 shares of the retailer’s stock valued at $731,000 after purchasing an additional 29 shares during the last quarter. Institutional investors and hedge funds own 30.19% of the company’s stock.

Wal-Mart Stores, Inc. (NYSE WMT) traded up 0.92% on Tuesday, reaching $79.17. The company’s stock had a trading volume of 4,158,453 shares. The company has a 50-day moving average price of $79.45 and a 200 day moving average price of $76.88. Wal-Mart Stores, Inc. has a 12 month low of $65.28 and a 12 month high of $81.99. The company has a market cap of $236.50 billion, a P/E ratio of 19.02 and a beta of 0.29. Wal-Mart Stores also was the target of some unusual options trading activity on Monday. Investors purchased 5,107 put options on the company. This is an increase of 351% compared to the average volume of 1,132 put options.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $121.86 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. On average, equities research analysts anticipate that Wal-Mart Stores, Inc. will post $4.37 EPS for the current fiscal year.

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In other news, Director S Robson Walton sold 646,330 shares of the business’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $80.20, for a total transaction of $51,835,666.00. Following the completion of the transaction, the director now owns 3,344,956 shares of the company’s stock, valued at approximately $268,265,471.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jacqueline P. Canney sold 1,586 shares of the business’s stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at approximately $1,668,875. The disclosure for this sale can be found here. Insiders have sold 9,924,828 shares of company stock valued at $785,676,492 over the last 90 days. Corporate insiders own 51.39% of the company’s stock.

Several equities research analysts have recently issued reports on WMT shares. Citigroup Inc. lifted their price target on Wal-Mart Stores from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Tuesday, August 15th. Wells Fargo & Company reissued a “hold” rating on shares of Wal-Mart Stores in a research note on Thursday, August 17th. Credit Suisse Group restated a “hold” rating and issued a $84.00 price objective on shares of Wal-Mart Stores in a report on Friday, August 18th. Goldman Sachs Group, Inc. (The) set a $87.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday. Finally, Robert W. Baird set a $90.00 price objective on shares of Wal-Mart Stores and gave the company a “buy” rating in a research report on Tuesday. 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 assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $80.78.

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.

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

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