Wal-Mart Stores Inc (WMT) Stake Decreased by Chickasaw Capital Management LLC

Chickasaw Capital Management LLC lessened its stake in shares of Wal-Mart Stores Inc (NYSE:WMT) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,412 shares of the retailer’s stock after selling 3,605 shares during the quarter. Chickasaw Capital Management LLC’s holdings in Wal-Mart Stores were worth $4,287,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of WMT. Bank of The Ozarks lifted its position in shares of Wal-Mart Stores by 23.4% during the 2nd quarter. Bank of The Ozarks now owns 26,820 shares of the retailer’s stock worth $2,030,000 after buying an additional 5,094 shares during the last quarter. Stearns Financial Services Group lifted its position in shares of Wal-Mart Stores by 7.2% during the 2nd quarter. Stearns Financial Services Group now owns 14,222 shares of the retailer’s stock worth $1,076,000 after buying an additional 960 shares during the last quarter. Partnervest Advisory Services LLC lifted its position in shares of Wal-Mart Stores by 13.3% during the 2nd quarter. Partnervest Advisory Services LLC now owns 5,055 shares of the retailer’s stock worth $383,000 after buying an additional 594 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Wal-Mart Stores by 0.7% during the 2nd quarter. First Trust Advisors LP now owns 689,369 shares of the retailer’s stock worth $52,171,000 after buying an additional 5,087 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its position in shares of Wal-Mart Stores by 7.4% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 910,160 shares of the retailer’s stock worth $69,495,000 after buying an additional 62,565 shares during the last quarter. Institutional investors and hedge funds own 30.45% of the company’s stock.

Several brokerages 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. Cowen set a $120.00 price objective on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research report on Thursday, February 8th. ValuEngine upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Vetr upgraded shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $110.28 price objective for the company in a research report on Thursday, February 1st. Finally, Barclays upped their price target on shares of Wal-Mart Stores to $120.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Eighteen equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $100.30.

Wal-Mart Stores Inc (WMT) opened at $100.98 on Wednesday. The company has a market cap 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. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.19 and a current ratio of 0.81. Wal-Mart Stores Inc has a 12-month low of $67.71 and a 12-month high of $109.98.

Wal-Mart Stores (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 16th. The retailer reported $1.00 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.03. The company had revenue of $122.14 billion during the quarter, compared to the consensus estimate of $120.23 billion. Wal-Mart Stores had a net margin of 2.31% and a return on equity of 16.92%. Wal-Mart Stores’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. sell-side analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current year.

In other Wal-Mart Stores news, Director S Robson Walton sold 826,617 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 3,345,065 shares in the company, valued at approximately $322,430,815.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 1,200 shares of the company’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $99.29, for a total transaction of $119,148.00. Following the transaction, the executive vice president now owns 48,757 shares of the company’s stock, valued at approximately $4,841,082.53. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,419,588 shares of company stock valued at $1,207,333,538. 51.39% of the stock is owned by insiders.

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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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