WMT Stock: Fairview Capital Investment Management LLC boosted its position in Wal-Mart Stores Inc (NYSE:WMT) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 393,936 shares of the retailer’s stock after buying an additional 5,425 shares during the period. Wal-Mart Stores accounts for approximately 2.0% of Fairview Capital Investment Management LLC’s investment portfolio, making the stock its 20th largest position. Fairview Capital Investment Management LLC’s holdings in Wal-Mart Stores were worth $27,229,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new stake in Wal-Mart Stores during the third quarter valued at $104,000. BKS Advisors LLC bought a new stake in Wal-Mart Stores during the third quarter valued at $110,000. Piershale Financial Group Inc. increased its stake in Wal-Mart Stores by 0.3% in the third quarter. Piershale Financial Group Inc. now owns 1,612 shares of the retailer’s stock valued at $116,000 after buying an additional 5 shares during the last quarter. Nelson Roberts Investment Advisors LLC increased its stake in Wal-Mart Stores by 27.2% in the third quarter. Nelson Roberts Investment Advisors LLC now owns 1,643 shares of the retailer’s stock valued at $118,000 after buying an additional 351 shares during the last quarter. Finally, Crow Point Partners LLC bought a new stake in Wal-Mart Stores during the third quarter valued at $127,000. Hedge funds and other institutional investors own 29.69% of the company’s stock.

Shares of Wal-Mart Stores Inc (NYSE:WMT) opened at 70.72 on Wednesday. Wal-Mart Stores Inc has a 52 week low of $62.72 and a 52 week high of $75.19. The stock has a market cap of $216.76 billion, a price-to-earnings ratio of 16.15 and a beta of 0.09. The firm has a 50-day moving average price of $68.91 and a 200-day moving average price of $69.88.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings results on Tuesday, February 21st. The retailer reported $1.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.01. Wal-Mart Stores had a net margin of 2.98% and a return on equity of 17.71%. The business had revenue of $129.75 billion for the quarter, compared to analyst estimates of $130.22 billion. During the same period in the previous year, the company earned $1.49 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. On average, equities analysts anticipate that Wal-Mart Stores Inc will post $4.32 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 8th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date of this dividend is Wednesday, December 6th. Wal-Mart Stores’s dividend payout ratio (DPR) is presently 43.48%.

Several research firms recently weighed in on WMT. Robert W. Baird set a $80.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a research note on Saturday, November 19th. Goldman Sachs Group Inc set a $73.00 price target on Wal-Mart Stores and gave the stock a “neutral” rating in a research note on Friday, November 18th. Vetr upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $74.70 price target on the stock in a research note on Monday, December 26th. MKM Partners set a $72.00 price target on Wal-Mart Stores and gave the stock a “hold” rating in a research note on Saturday, February 18th. Finally, Stifel Nicolaus upped their price target on Wal-Mart Stores from $70.00 to $72.00 and gave the stock a “hold” rating in a research note on Wednesday, February 22nd. Five research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $74.85.

In other news, major shareholder Alice L. Walton sold 4,542,361 shares of the business’s stock in a transaction on Thursday, March 2nd. The shares were sold at an average price of $70.54, for a total transaction of $320,418,144.94. Following the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $476,044,833.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Rosalind G. Brewer sold 32,350 shares of the business’s stock in a transaction on Thursday, January 5th. The shares were sold at an average price of $68.32, for a total transaction of $2,210,152.00. Following the sale, the insider now directly owns 245,328 shares in the company, valued at $16,760,808.96. The disclosure for this sale can be found here. Insiders have sold 12,617,391 shares of company stock worth $900,745,763 over the last three months. Corporate insiders own 51.55% of the company’s stock.

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