Hutner Capital Management Inc. lessened its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 10.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,199 shares of the retailer’s stock after selling 3,735 shares during the quarter. Wal-Mart Stores makes up about 1.8% of Hutner Capital Management Inc.’s holdings, making the stock its 17th biggest holding. Hutner Capital Management Inc.’s holdings in Wal-Mart Stores were worth $2,361,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Winfield Associates Inc. increased its stake 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 buying an additional 75 shares during the period. TrimTabs Asset Management LLC increased its stake 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 buying an additional 696 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake 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 buying an additional 45 shares during the period. Thompson Davis & CO. Inc. increased its stake 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 buying an additional 1,252 shares during the period. Finally, Hudock Capital Group LLC increased its stake 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 buying an additional 7 shares during the period. Institutional investors and hedge funds own 30.40% of the company’s stock.

Wal-Mart Stores, Inc. (NYSE:WMT) traded up $0.82 during midday trading on Wednesday, hitting $97.83. 9,009,400 shares of the company traded hands, compared to its average volume of 8,950,248. The company has a current ratio of 0.81, a quick ratio of 0.19 and a debt-to-equity ratio of 0.52. The company has a market cap of $287,380.69, a P/E ratio of 22.15, a P/E/G ratio of 3.58 and a beta of 0.37. Wal-Mart Stores, Inc. has a fifty-two week low of $65.28 and a fifty-two week high of $100.13.

Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The business had revenue of $122.14 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 EPS. sell-side analysts anticipate that Wal-Mart Stores, Inc. will post 4.43 earnings per share for the current fiscal year.

Wal-Mart Stores announced that its Board of Directors has authorized a share repurchase plan on Tuesday, October 10th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the retailer to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

In related news, major shareholder Alice L. Walton sold 2,900,679 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $97.82, for a total transaction of $283,744,419.78. Following the completion of the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $660,146,095.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Alice L. Walton sold 2,000,000 shares of the company’s stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $79.47, for a total transaction of $158,940,000.00. Following the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $536,309,652.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,554,472 shares of company stock valued at $1,184,474,992. 51.39% of the stock is owned by insiders.

WMT has been the topic of several research reports. Robert W. Baird set a $85.00 price objective on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Monday, August 21st. Jefferies Group set a $93.00 price objective on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Thursday, August 17th. Oppenheimer reiterated a “buy” rating and issued a $90.00 price objective on shares of Wal-Mart Stores in a research note on Friday, August 18th. KeyCorp reiterated a “buy” rating and issued a $90.00 price objective on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. Finally, Goldman Sachs Group set a $87.00 price target on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, twenty-one have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $92.68.

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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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