Legacy Private Trust Co. boosted its holdings in shares of Wal-Mart Stores Inc (NYSE:WMT) by 84.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 52,365 shares of the retailer’s stock after buying an additional 23,980 shares during the period. Legacy Private Trust Co.’s holdings in Wal-Mart Stores were worth $5,171,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of WMT. Thompson Davis & CO. Inc. boosted its stake in Wal-Mart Stores by 456.9% during the second quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after buying an additional 1,252 shares during the period. Hudock Capital Group LLC boosted its stake in Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after buying an additional 7 shares during the period. Almanack Investment Partners LLC. bought a new stake in Wal-Mart Stores during the second quarter valued at $149,000. Cable Hill Partners LLC boosted its stake in Wal-Mart Stores by 8,165.4% during the third quarter. Cable Hill Partners LLC now owns 2,149 shares of the retailer’s stock valued at $168,000 after buying an additional 2,123 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in Wal-Mart Stores during the third quarter valued at $183,000. 30.45% of the stock is owned by institutional investors.
In other news, insider Jacqueline P. Canney sold 2,065 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $96.99, for a total value 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 filing with the SEC, which is available at this hyperlink. Also, major shareholder Alice L. Walton sold 2,057,004 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $96.69, for a total value of $198,891,716.76. Following the transaction, the insider now owns 6,748,580 shares in the company, valued at approximately $652,520,200.20. The disclosure for this sale can be found here. In the last three months, insiders sold 9,464,232 shares of company stock valued at $918,288,525. 51.39% of the stock is currently owned by corporate insiders.
Shares of Wal-Mart Stores Inc (NYSE WMT) opened at $104.78 on Friday. Wal-Mart Stores Inc has a 52 week low of $68.69 and a 52 week high of $109.98. The company has a quick ratio of 0.19, a current ratio of 0.81 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $310,400.00, a PE ratio of 27.87, a PEG ratio of 3.68 and a beta of 0.42.
Wal-Mart Stores (NYSE:WMT) last released its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $120.23 billion. During the same quarter in the previous year, the company posted $0.98 EPS. Wal-Mart Stores’s revenue for the quarter was up 4.2% on a year-over-year basis. analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current year.
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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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