YorkBridge Wealth Partners LLC Has $338,000 Position in Wal-Mart Stores, Inc. (WMT)

YorkBridge Wealth Partners LLC reduced its position in Wal-Mart Stores, Inc. (NYSE:WMT) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,480 shares of the retailer’s stock after selling 15 shares during the period. YorkBridge Wealth Partners LLC’s holdings in Wal-Mart Stores were worth $338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of WMT. Winfield Associates Inc. increased its holdings in Wal-Mart Stores by 5.8% in the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock worth $104,000 after acquiring an additional 75 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its holdings in Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock worth $108,000 after acquiring an additional 45 shares in the last quarter. TrimTabs Asset Management LLC increased its holdings in Wal-Mart Stores by 89.2% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock worth $106,000 after acquiring an additional 696 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in Wal-Mart Stores by 456.9% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock worth $115,000 after acquiring an additional 1,252 shares in the last quarter. Finally, Hudock Capital Group LLC increased its holdings in Wal-Mart Stores by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after acquiring an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 30.65% of the company’s stock.

In other Wal-Mart Stores news, SVP David Chojnowski sold 684 shares of the company’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $99.29, for a total value 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 company’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $99.29, for a total transaction of $119,148.00. Following the completion of the transaction, the executive vice president now directly 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 14,419,109 shares of company stock worth $1,366,198,547 in the last ninety days. 51.39% of the stock is currently owned by corporate insiders.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) traded down $0.23 during mid-day trading on Monday, hitting $96.55. 5,821,000 shares of the stock traded hands, compared to its average volume of 8,923,303. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. The firm has a market cap of $286,760.00, a PE ratio of 22.04, a price-to-earnings-growth ratio of 3.56 and a beta of 0.37. Wal-Mart Stores, Inc. has a 1 year low of $65.28 and a 1 year high of $100.13.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating the 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 net margin of 2.31% and a return on equity of 16.92%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS. analysts expect that Wal-Mart Stores, Inc. will post 4.43 EPS for the current fiscal year.

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

A number of research firms have recently issued reports on WMT. MKM Partners reaffirmed a “neutral” rating on shares of Wal-Mart Stores in a report on Tuesday, August 15th. J P Morgan Chase & Co set a $80.00 target price on shares of Wal-Mart Stores and gave the stock a “neutral” rating in a report on Monday, August 14th. UBS reaffirmed a “neutral” rating and set a $84.00 target price on shares of Wal-Mart Stores in a report on Sunday, August 20th. Oppenheimer reaffirmed a “buy” rating and set a $90.00 target price on shares of Wal-Mart Stores in a report on Friday, August 18th. Finally, Royal Bank Of Canada upped their target price on shares of Wal-Mart Stores from $76.00 to $77.00 and gave the stock an “underperform” rating in a report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, twenty-one have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $92.68.

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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.

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

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