GFS Advisors LLC Acquires New Holdings in Wal-Mart Stores, Inc. (WMT)

GFS Advisors LLC acquired a new stake in Wal-Mart Stores, Inc. (NYSE:WMT) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 4,900 shares of the retailer’s stock, valued at approximately $383,000.

Several other large investors also recently added to or reduced their stakes in WMT. Winfield Associates Inc. grew its stake in shares of Wal-Mart Stores by 5.8% in the second quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after acquiring an additional 75 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC grew its stake in shares of Wal-Mart Stores by 3.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after acquiring an additional 45 shares in the last quarter. Thompson Davis & CO. Inc. grew its stake in shares of Wal-Mart Stores by 456.9% in the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after acquiring an additional 1,252 shares in the last quarter. Hudock Capital Group LLC grew its stake in shares of Wal-Mart Stores by 0.4% in the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after acquiring an additional 7 shares in the last quarter. Finally, Kistler Tiffany Companies LLC grew its stake in shares of Wal-Mart Stores by 124.2% in the second quarter. Kistler Tiffany Companies LLC now owns 1,910 shares of the retailer’s stock valued at $145,000 after acquiring an additional 1,058 shares in the last quarter. Hedge funds and other institutional investors own 30.58% of the company’s stock.

Several equities analysts recently commented on WMT shares. Robert W. Baird set a $90.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Goldman Sachs Group set a $87.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 3rd. KeyCorp restated a “buy” rating and issued a $90.00 price target on shares of Wal-Mart Stores in a research note on Tuesday, September 19th. Jefferies Group upped their price target on shares of Wal-Mart Stores from $93.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, October 11th. Finally, Bank of America set a $100.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 10th. Eighteen 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’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $98.46.

Wal-Mart Stores, Inc. (WMT) opened at $100.87 on Monday. The stock has a market cap of $298,820.00, a P/E ratio of 26.83, a P/E/G ratio of 3.71 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 $102.35. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52.

Wal-Mart Stores (NYSE:WMT) last issued its quarterly earnings data 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 business had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business earned $0.98 EPS. equities analysts expect that Wal-Mart Stores, Inc. will post 4.43 earnings per share for the current year.

Wal-Mart Stores announced that its board has authorized a share repurchase plan on Tuesday, October 10th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the retailer to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 2,065 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $96.99, for a total transaction of $200,284.35. Following the completion of the sale, the insider now owns 19,060 shares of the company’s stock, valued at approximately $1,848,629.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director S Robson Walton sold 826,617 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $96.39, for a total transaction of $79,677,612.63. Following the sale, the director now directly owns 3,345,065 shares of the company’s stock, valued at approximately $322,430,815.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,419,588 shares of company stock valued at $1,207,333,538. 51.39% of the stock is owned by company insiders.

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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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