Hotchkis & Wiley Capital Management LLC Has $184.62 Million Position in Wal-Mart Stores Inc (WMT)

Hotchkis & Wiley Capital Management LLC lowered its holdings in Wal-Mart Stores Inc (NYSE:WMT) by 7.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,362,634 shares of the retailer’s stock after selling 190,900 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 0.08% of Wal-Mart Stores worth $184,616,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its stake 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 during the last quarter. Thompson Davis & CO. Inc. increased its stake 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 during the last quarter. Hudock Capital Group LLC increased its stake 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 during the last quarter. Kistler Tiffany Companies LLC increased its stake in Wal-Mart Stores by 124.2% in the 2nd quarter. Kistler Tiffany Companies LLC now owns 1,910 shares of the retailer’s stock worth $145,000 after acquiring an additional 1,058 shares during the last quarter. Finally, Almanack Investment Partners LLC. bought a new position in Wal-Mart Stores in the 2nd quarter worth about $149,000. 30.45% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on the company. Barclays upped their target price on Wal-Mart Stores to $120.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Vetr upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $110.28 price objective for the company in a report on Thursday, February 1st. ValuEngine upgraded Wal-Mart Stores from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Wal-Mart Stores in a report on Tuesday, January 23rd. Finally, Zacks Investment Research cut Wal-Mart Stores from a “buy” rating to a “hold” rating in a report on Sunday, January 21st. Seventeen investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $100.30.

In other Wal-Mart Stores news, SVP David Chojnowski sold 684 shares of Wal-Mart Stores stock in a transaction on Friday, November 17th. The stock was sold at an average price of $99.29, for a total value of $67,914.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Alice L. Walton sold 2,900,679 shares of Wal-Mart Stores stock in a transaction on Friday, November 17th. The stock was sold at an average price of $97.82, for a total value of $283,744,419.78. Following the completion of the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $660,146,095.60. The disclosure for this sale can be found here. In the last ninety 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 corporate insiders.

Wal-Mart Stores Inc (NYSE WMT) opened at $99.55 on Tuesday. Wal-Mart Stores Inc has a 52-week low of $67.56 and a 52-week high of $109.98. The stock has a market capitalization of $294,910.00, a P/E ratio of 26.48, a PEG ratio of 3.55 and a beta of 0.42. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.81 and a quick ratio of 0.19.

Wal-Mart Stores (NYSE:WMT) last announced its earnings results on Thursday, November 16th. The retailer reported $1.00 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $122.14 billion during the quarter, compared to analyst estimates of $120.23 billion. During the same quarter in the prior year, the company earned $0.98 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. research analysts expect that Wal-Mart Stores Inc will post 4.44 earnings per share for the current fiscal year.

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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.

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

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