Colony Group LLC Buys 2,134 Shares of Wal-Mart Stores, Inc. (WMT)

Colony Group LLC grew its stake in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 61.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,607 shares of the retailer’s stock after buying an additional 2,134 shares during the period. Colony Group LLC’s holdings in Wal-Mart Stores were worth $424,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Wal-Mart Stores by 0.4% during the second quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock worth $7,997,381,000 after purchasing an additional 440,343 shares during the last quarter. FMR LLC boosted its holdings in shares of Wal-Mart Stores by 45.3% during the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock worth $1,360,906,000 after purchasing an additional 5,608,785 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Wal-Mart Stores by 4.1% during the second quarter. Dimensional Fund Advisors LP now owns 14,579,702 shares of the retailer’s stock worth $1,103,426,000 after purchasing an additional 580,373 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Wal-Mart Stores by 1.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 9,263,738 shares of the retailer’s stock worth $701,080,000 after purchasing an additional 174,296 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Wal-Mart Stores by 7.4% during the second quarter. Ameriprise Financial Inc. now owns 8,874,416 shares of the retailer’s stock worth $671,623,000 after purchasing an additional 607,827 shares during the last quarter. 30.65% of the stock is owned by institutional investors.

In other Wal-Mart Stores news, insider Jacqueline P. Canney sold 1,586 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now directly owns 21,125 shares of the company’s stock, valued at $1,668,875. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP David Chojnowski sold 684 shares of the firm’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 disclosure for this sale can be found here. Insiders sold 14,419,109 shares of company stock worth $1,366,198,547 over the last three months. 51.39% of the stock is currently owned by corporate insiders.

WMT has been the topic of several analyst reports. BMO Capital Markets restated a “market weight” rating on shares of Wal-Mart Stores in a report on Thursday, September 14th. Jefferies Group set a $105.00 price objective on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday, November 14th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a $84.00 target price (up previously from $80.00) on shares of Wal-Mart Stores in a report on Friday, October 6th. Bank of America set a $100.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a report on Tuesday, October 10th. Finally, Barclays set a $100.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, twenty-one have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $92.96.

Wal-Mart Stores, Inc. (WMT) traded down $0.23 during trading hours on Wednesday, reaching $96.70. The company’s stock had a trading volume of 7,810,600 shares, compared to its average volume of 8,918,672. 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, Inc. has a one year low of $65.28 and a one year high of $100.13. The stock has a market capitalization of $287,143.69, a price-to-earnings ratio of 22.13, a PEG ratio of 3.57 and a beta of 0.37.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, beating the consensus estimate of $0.97 by $0.03. Wal-Mart Stores had a return on equity of 16.92% and a net margin of 2.31%. The company had revenue of $122.14 billion for the quarter, compared to analyst estimates of $120.23 billion. During the same period last year, the company posted $0.98 earnings per share. The firm’s revenue was up 4.2% compared to the same quarter last year. research analysts predict that Wal-Mart Stores, Inc. will post 4.43 EPS for the current fiscal year.

Wal-Mart Stores announced that its Board of Directors has initiated a share buyback program on Tuesday, October 10th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the retailer to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

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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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