DekaBank Deutsche Girozentrale boosted its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 1.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 926,494 shares of the retailer’s stock after buying an additional 16,334 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Wal-Mart Stores were worth $75,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Winfield Associates Inc. lifted its holdings in 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 in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its holdings in 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 in the last quarter. Thompson Davis & CO. Inc. lifted its holdings in 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 in the last quarter. Hudock Capital Group LLC lifted its holdings in 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 in the last quarter. Finally, Kistler Tiffany Companies LLC lifted its holdings in 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 in the last quarter. Institutional investors own 30.58% of the company’s stock.

Wal-Mart Stores, Inc. (WMT) opened at $100.87 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. The company has a market cap of $298,820.00, a P/E ratio of 26.83, a P/E/G ratio of 3.68 and a beta of 0.37. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $102.35.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, topping the 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%. Wal-Mart Stores’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.98 EPS. 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 approved a stock repurchase program on Tuesday, October 10th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the retailer to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

A number of brokerages recently weighed in on WMT. Zacks Investment Research upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $114.00 price objective for the company in a report on Saturday. Vetr upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $104.38 price objective for the company in a report on Wednesday. Telsey Advisory Group decreased their price objective on shares of Wal-Mart Stores from $108.00 to $96.00 and set an “outperform” rating for the company in a report on Friday, November 17th. Royal Bank of Canada lifted their price objective on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the company an “underperform” rating in a report on Friday, November 17th. Finally, Morgan Stanley lifted their price objective on shares of Wal-Mart Stores from $90.00 to $92.00 and gave the company an “equal weight” rating in a report on Friday, November 17th. Eighteen investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Wal-Mart Stores currently has a consensus rating of “Buy” and a consensus target price of $98.46.

In related news, SVP David Chojnowski sold 684 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $67,914.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory S. Foran sold 52,793 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $96.86, for a total transaction of $5,113,529.98. Following the transaction, the insider now owns 121,457 shares of the company’s stock, valued at approximately $11,764,325.02. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,419,588 shares of company stock valued at $1,207,333,538. 51.39% of the stock is currently owned by company insiders.

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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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