Wal-Mart Stores, Inc. (WMT) Stake Decreased by Osborn Rohs Williams & Donohoe
Osborn Rohs Williams & Donohoe decreased its stake in Wal-Mart Stores, Inc. (NYSE:WMT) by 9.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,480 shares of the retailer’s stock after selling 700 shares during the period. Osborn Rohs Williams & Donohoe’s holdings in Wal-Mart Stores were worth $397,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. Chelsea Counsel Company boosted its stake in Wal-Mart Stores by 1.3% in the third quarter. Chelsea Counsel Company now owns 79,708 shares of the retailer’s stock valued at $5,168,000 after buying an additional 1,033 shares during the last quarter. ING Groep boosted its position in shares of Wal-Mart Stores by 15.5% in the third quarter. ING Groep now owns 586,420 shares of the retailer’s stock valued at $38,024,000 after buying an additional 78,853 shares in the last quarter. Northcoast Asset Management increased its stake in Wal-Mart Stores by 4.4% in the third quarter. Northcoast Asset Management now owns 39,187 shares of the retailer’s stock worth $2,541,000 after buying an additional 1,651 shares during the period. Kovitz Investment Group increased its stake in Wal-Mart Stores by 0.9% in the third quarter. Kovitz Investment Group now owns 527,005 shares of the retailer’s stock worth $34,171,000 after buying an additional 4,841 shares during the period. Finally, Lowe FS increased its stake in Wal-Mart Stores by 0.6% in the third quarter. Lowe FS now owns 314 shares of the retailer’s stock worth $20,000 after buying an additional 2 shares during the period.
Wal-Mart Stores, Inc. (NYSE:WMT) traded up 0.42% during midday trading on Thursday, hitting $64.22. The company had a trading volume of 11,278,338 shares. The firm’s 50 day moving average is $61.80 and its 200-day moving average is $63.91. Wal-Mart Stores, Inc. has a 52 week low of $56.30 and a 52 week high of $88.00. The firm has a market capitalization of $205.63 billion and a P/E ratio of 13.75.
Wal-Mart Stores (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 17th. The retailer reported $1.03 EPS for the quarter, beating the consensus estimate of $0.98 by $0.05. The firm earned $117.40 billion during the quarter, compared to analysts’ expectations of $117.79 billion. Wal-Mart Stores’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.15 EPS. On average, equities research analysts expect that Wal-Mart Stores, Inc. will post $4.53 EPS for the current fiscal year.
Several research analysts recently commented on the stock. Vetr upgraded shares of Wal-Mart Stores from a “buy” rating to a “strong-buy” rating and set a $70.83 target price for the company in a report on Tuesday, January 19th. Morgan Stanley set a $65.00 price objective on shares of Wal-Mart Stores and gave the stock a “neutral” rating in a research note on Tuesday, January 19th. Goldman Sachs set a $58.00 price objective on Wal-Mart Stores and gave the company a “neutral” rating in a report on Monday, January 18th. Nomura set a $70.00 target price on Wal-Mart Stores and gave the company a “buy” rating in a research report on Monday, January 18th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Wal-Mart Stores in a report on Friday, January 15th. Three research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $65.42.
In other news, Director Timothy Patrick Flynn acquired 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 2nd. The shares were acquired at an average price of $58.46 per share, for a total transaction of $584,600.00. Following the completion of the purchase, the director now owns 25,374 shares in the company, valued at $1,483,364.04. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Wal-Mart Stores, Inc. is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (NYSE:WMT). The Company’s operations are conducted in three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment operates retail stores in all 50 states in the United States, Washington D.C. and Puerto Rico, with three primary store formats, as well as digital retail. The Walmart International segment consists of operations in 26 countries outside of the United States and includes numerous formats divided into three main categories: retail, wholesale and other. The Sam’s Club consists of membership-only warehouse clubs and operates in 48 states in the United States and in Puerto Rico, as well as digital retail.

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