First National Bank of Mount Dora Trust Investment Services raised its position in Wal-Mart Stores Inc (NYSE:WMT) by 15.9% in the 4th quarter, HoldingsChannel reports. The fund owned 40,725 shares of the retailer’s stock after purchasing an additional 5,599 shares during the period. Wal-Mart Stores accounts for 1.8% of First National Bank of Mount Dora Trust Investment Services’ holdings, making the stock its 27th biggest holding. First National Bank of Mount Dora Trust Investment Services’ holdings in Wal-Mart Stores were worth $4,022,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Voya Investment Management LLC grew its position in shares of Wal-Mart Stores by 10.9% during the second quarter. Voya Investment Management LLC now owns 2,983,092 shares of the retailer’s stock worth $225,760,000 after buying an additional 294,383 shares in the last quarter. Cutter & CO Brokerage Inc. grew its position in shares of Wal-Mart Stores by 2.5% during the second quarter. Cutter & CO Brokerage Inc. now owns 8,067 shares of the retailer’s stock worth $611,000 after buying an additional 200 shares in the last quarter. State of Wisconsin Investment Board grew its position in shares of Wal-Mart Stores by 23.1% during the second quarter. State of Wisconsin Investment Board now owns 2,095,792 shares of the retailer’s stock worth $158,610,000 after buying an additional 393,180 shares in the last quarter. Parkside Investments LLC acquired a new stake in shares of Wal-Mart Stores during the third quarter worth approximately $344,000. Finally, Numeric Investors LLC grew its position in shares of Wal-Mart Stores by 31.2% during the second quarter. Numeric Investors LLC now owns 1,179,674 shares of the retailer’s stock worth $89,278,000 after buying an additional 280,430 shares in the last quarter. 30.45% of the stock is owned by institutional investors.

Shares of Wal-Mart Stores Inc (NYSE:WMT) opened at $100.98 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $299,140.00, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 3.55 and a beta of 0.42. Wal-Mart Stores Inc has a one year low of $67.71 and a one year high of $109.98.

Wal-Mart Stores (NYSE:WMT) last posted its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. The company had revenue of $122.14 billion for the quarter, compared to analysts’ expectations of $120.23 billion. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. equities research analysts anticipate that Wal-Mart Stores Inc will post 4.44 EPS for the current fiscal year.

A number of research firms have recently weighed in on WMT. Zacks Investment Research downgraded shares of Wal-Mart Stores from a “buy” rating to a “hold” rating in a research report on Tuesday. Telsey Advisory Group decreased their price target on shares of Wal-Mart Stores from $108.00 to $96.00 and set an “outperform” rating for the company in a research report on Friday, November 17th. Royal Bank of Canada raised their price target on shares of Wal-Mart Stores from $83.00 to $92.00 and gave the stock an “underperform” rating in a research report on Friday, November 17th. Moffett Nathanson began coverage on shares of Wal-Mart Stores in a research report on Monday, December 4th. They set a “neutral” rating for the company. Finally, Wells Fargo & Co set a $101.00 price target on shares of Wal-Mart Stores and gave the stock a “neutral” rating in a research report on Tuesday, January 2nd. Eighteen equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $100.30.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 2,065 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $96.99, for a total value of $200,284.35. Following the sale, the insider now directly owns 19,060 shares in the company, valued at $1,848,629.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Jim C. Walton sold 1,319,133 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $97.61, for a total value of $128,760,572.13. Following the completion of the sale, the insider now owns 11,057,224 shares in the company, valued at $1,079,295,634.64. The disclosure for this sale can be found here. Insiders sold 12,419,588 shares of company stock worth $1,207,333,538 over the last quarter. 51.39% of the stock is currently owned by company insiders.

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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.

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

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