Wal-Mart Stores, Inc. (WMT) Shares Bought by Athena Capital Advisors LLC

Athena Capital Advisors LLC increased its position in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 0.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,438 shares of the retailer’s stock after buying an additional 8 shares during the period. Athena Capital Advisors LLC’s holdings in Wal-Mart Stores were worth $320,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Planning Services Ltd. increased its position in shares of Wal-Mart Stores by 0.7% in the first quarter. Asset Planning Services Ltd. now owns 1,511 shares of the retailer’s stock worth $109,000 after buying an additional 11 shares during the period. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC boosted its stake in shares of Wal-Mart Stores by 6,777.8% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 114,171 shares of the retailer’s stock worth $114,000 after buying an additional 112,511 shares in the last quarter. High Point Bank & Trust Co. boosted its stake in shares of Wal-Mart Stores by 71.9% in the fourth quarter. High Point Bank & Trust Co. now owns 1,960 shares of the retailer’s stock worth $136,000 after buying an additional 820 shares in the last quarter. Arcadia Investment Management Corp MI boosted its stake in shares of Wal-Mart Stores by 7.2% in the first quarter. Arcadia Investment Management Corp MI now owns 2,504 shares of the retailer’s stock worth $180,000 after buying an additional 169 shares in the last quarter. Finally, Alexandria Capital LLC boosted its stake in shares of Wal-Mart Stores by 0.9% in the first quarter. Alexandria Capital LLC now owns 2,513 shares of the retailer’s stock worth $181,000 after buying an additional 22 shares in the last quarter. Institutional investors own 30.15% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE WMT) opened at 76.37 on Tuesday. The firm’s 50-day moving average is $77.53 and its 200 day moving average is $72.40. Wal-Mart Stores, Inc. has a 52 week low of $65.28 and a 52 week high of $80.47. The firm has a market capitalization of $230.22 billion, a PE ratio of 17.34 and a beta of 0.28.

Wal-Mart Stores (NYSE:WMT) last announced its earnings results on Thursday, May 18th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.04. The business had revenue of $116.53 billion for the quarter, compared to analyst estimates of $117.01 billion. Wal-Mart Stores had a net margin of 2.79% and a return on equity of 16.96%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the firm posted $0.98 earnings per share. On average, equities analysts forecast that Wal-Mart Stores, Inc. will post $4.36 earnings per share for the current year.

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A number of analysts have commented on WMT shares. Zacks Investment Research raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $84.00 target price for the company in a report on Tuesday, April 25th. Jefferies Group LLC reissued a “buy” rating and issued a $86.00 price objective on shares of Wal-Mart Stores in a research note on Friday, April 7th. Vetr raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $75.31 price objective for the company in a research note on Monday, March 27th. Gordon Haskett started coverage on shares of Wal-Mart Stores in a research note on Tuesday, May 9th. They issued a “buy” rating and a $90.00 price objective for the company. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of Wal-Mart Stores in a research note on Saturday, May 13th. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and thirteen have given a buy rating to the company. Wal-Mart Stores has a consensus rating of “Hold” and an average price target of $78.11.

In other news, insider David Cheesewright sold 25,729 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $76.65, for a total transaction of $1,972,127.85. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director S Robson Walton sold 1,321,340 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $78.61, for a total transaction of $103,870,537.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,006,720 shares of company stock worth $1,816,131,604. Insiders own 51.39% of the company’s stock.

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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