VNBTrust National Association acquired a new stake in Wal-Mart Stores Inc (NYSE:WMT) in the fourth quarter, Holdings Channel reports. The fund acquired 2,331 shares of the retailer’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Wal-Mart Stores by 0.4% in the second quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock valued at $7,997,381,000 after purchasing an additional 440,343 shares during the period. FMR LLC boosted its holdings in Wal-Mart Stores by 45.3% in the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after purchasing an additional 5,608,785 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Wal-Mart Stores by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 14,804,523 shares of the retailer’s stock valued at $1,156,909,000 after purchasing an additional 224,821 shares during the period. Ameriprise Financial Inc. boosted its holdings in Wal-Mart Stores by 0.5% in the third quarter. Ameriprise Financial Inc. now owns 8,919,633 shares of the retailer’s stock valued at $696,979,000 after purchasing an additional 45,217 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Wal-Mart Stores by 2.0% in the third quarter. Legal & General Group Plc now owns 8,675,274 shares of the retailer’s stock valued at $677,941,000 after purchasing an additional 166,538 shares during the period. 30.45% of the stock is owned by institutional investors and hedge funds.

Wal-Mart Stores Inc (WMT) opened at $101.70 on Thursday. The stock has a market capitalization of $301,270.00, a PE ratio of 27.05, a P/E/G ratio of 3.56 and a beta of 0.42. Wal-Mart Stores Inc has a 52-week low of $67.76 and a 52-week high of $109.98. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.19.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The firm 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 revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.98 EPS. equities analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current fiscal year.

In other Wal-Mart Stores news, SVP David Chojnowski sold 684 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $99.29, for a total transaction of $67,914.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 1,200 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $99.29, for a total value of $119,148.00. Following the transaction, the executive vice president now owns 48,757 shares in the company, valued at approximately $4,841,082.53. The disclosure for this sale can be found here. Insiders sold a total of 12,419,588 shares of company stock worth $1,207,333,538 in the last 90 days. 51.39% of the stock is currently owned by insiders.

A number of research firms recently issued reports on WMT. Zacks Investment Research upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $112.00 target price for the company in a report on Saturday, February 10th. Cowen set a $120.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a report on Thursday, February 8th. Vetr upgraded Wal-Mart Stores from a “sell” rating to a “hold” rating and set a $96.71 target price for the company in a report on Monday, November 27th. ValuEngine upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, UBS Group set a $100.00 target price on Wal-Mart Stores and gave the company a “neutral” rating in a report on Thursday, January 4th. Seventeen research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $100.30.

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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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