Tag: 93114210

Norden Group LLC grew its stake in Walmart Inc. (NYSE:WMT – Free Report) by 242.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,578 shares of the retailer’s stock after purchasing an additional 11,736 shares during the period. Norden Group LLC’s holdings in Walmart were worth $998,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of WMT. Baker Avenue Asset Management LP grew its position in Walmart by 26.0% in the 3rd quarter. Baker Avenue Asset Management LP now owns 5,324 shares of the retailer’s stock worth $852,000 after purchasing an additional 1,099 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Walmart by 30.6% during the 3rd quarter. Crestwood Advisors Group LLC now owns 9,414 shares of the retailer’s stock valued at $1,506,000 after acquiring an additional 2,206 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Walmart by 0.3% during the 3rd quarter. Townsquare Capital LLC now owns 58,333 shares of the retailer’s stock valued at $9,329,000 after acquiring an additional 158 shares in the last quarter. Essex Financial Services Inc. boosted its position in shares of Walmart by 1.5% during the 3rd quarter. Essex Financial Services Inc. now owns 9,017 shares of the retailer’s stock valued at $1,442,000 after acquiring an additional 132 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its position in shares of Walmart by 5.2% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 30,105 shares of the retailer’s stock valued at $4,815,000 after acquiring an additional 1,490 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on WMT. Citigroup boosted their price target on shares of Walmart from $63.33 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Barclays boosted their price target on shares of Walmart from $60.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, May 20th. TD Cowen boosted their price target on shares of Walmart from $68.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Raymond James boosted their price target on shares of Walmart from $63.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Finally, Jefferies Financial Group boosted their target price on shares of Walmart from $75.00 to $77.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $70.47.

Get Our Latest Report on WMT

Walmart Stock Up 2.6 %

Walmart stock opened at $70.04 on Friday. The stock has a market capitalization of $563.37 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 3.93 and a beta of 0.50. The company has a 50 day moving average of $64.93 and a 200-day moving average of $59.90. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $70.15. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 0.48.

Walmart (NYSE:WMT – Get Free Report) last issued its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08. The company had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 earnings per share. On average, equities research analysts anticipate that Walmart Inc. will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 25,578 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $67.58, for a total transaction of $1,728,561.24. Following the transaction, the executive vice president now directly owns 390,165 shares of the company’s stock, valued at $26,367,350.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, EVP John D. Rainey sold 25,578 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $67.58, for a total transaction of $1,728,561.24. Following the transaction, the executive vice president now directly owns 390,165 shares of the company’s stock, valued at $26,367,350.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the transaction, the chief executive officer now directly owns 3,960,402 shares in the company, valued at $270,851,892.78. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,525,340 shares of company stock valued at $953,023,399. 45.58% of the stock is owned by company insiders.

Walmart Profile

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

See Also

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New England Research & Management Inc. lifted its holdings in Walmart Inc. (NYSE:WMT – Free Report) by 160.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 7,923 shares of the retailer’s stock after buying an additional 4,882 shares during the quarter. New England Research & Management Inc.’s holdings in Walmart were worth $477,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of WMT. Lazard Asset Management LLC lifted its position in Walmart by 13.5% in the 3rd quarter. Lazard Asset Management LLC now owns 73,360 shares of the retailer’s stock valued at $11,731,000 after purchasing an additional 8,747 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Walmart by 1.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 175,658 shares of the retailer’s stock valued at $28,093,000 after buying an additional 2,180 shares during the period. Axxcess Wealth Management LLC increased its stake in Walmart by 99.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 62,881 shares of the retailer’s stock valued at $10,057,000 after buying an additional 31,296 shares during the period. AXQ Capital LP acquired a new position in Walmart during the 3rd quarter valued at about $1,311,000. Finally, Augustine Asset Management Inc. increased its stake in Walmart by 10.8% during the 3rd quarter. Augustine Asset Management Inc. now owns 5,250 shares of the retailer’s stock valued at $840,000 after buying an additional 511 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.20, for a total value of $895,125.00. Following the completion of the sale, the executive vice president now directly owns 645,540 shares in the company, valued at $44,025,828. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.39, for a total value of $1,991,790.36. Following the transaction, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at $270,851,892.78. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.20, for a total transaction of $895,125.00. Following the completion of the transaction, the executive vice president now directly owns 645,540 shares in the company, valued at approximately $44,025,828. The disclosure for this sale can be found here. Insiders sold 14,502,762 shares of company stock worth $951,475,618 over the last ninety days. 45.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WMT shares. Jefferies Financial Group raised their target price on shares of Walmart from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Stifel Nicolaus raised their target price on shares of Walmart from $65.00 to $69.00 and gave the company a “hold” rating in a research note on Friday, May 17th. HSBC raised their target price on shares of Walmart from $70.00 to $81.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. DA Davidson lifted their price objective on shares of Walmart from $69.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, Citigroup lifted their price objective on shares of Walmart from $63.33 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $69.97.

Read Our Latest Stock Report on WMT

Walmart Stock Performance

WMT stock opened at $67.71 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.23 and a current ratio of 0.80. The stock has a market cap of $544.63 billion, a P/E ratio of 28.98, a P/E/G ratio of 3.91 and a beta of 0.52. The firm has a 50 day simple moving average of $64.07 and a 200 day simple moving average of $59.35. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $69.04.

Walmart (NYSE:WMT – Get Free Report) last posted its earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.08. The firm had revenue of $161.50 billion during the quarter, compared to analysts’ expectations of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 earnings per share. Research analysts anticipate that Walmart Inc. will post 2.42 earnings per share for the current fiscal year.

Walmart Profile

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Further Reading

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).

Receive News & Ratings for Walmart Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Walmart and related companies with MarketBeat.com’s FREE daily email newsletter.

DGS Capital Management LLC lifted its stake in Walmart Inc. (NYSE:WMT – Free Report) by 297.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,044 shares of the retailer’s stock after purchasing an additional 12,006 shares during the period. DGS Capital Management LLC’s holdings in Walmart were worth $965,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Valley Brook Capital Group Inc. grew its holdings in Walmart by 4.2% during the 4th quarter. Valley Brook Capital Group Inc. now owns 7,816 shares of the retailer’s stock worth $1,232,000 after acquiring an additional 315 shares during the period. Core Wealth Advisors Inc. grew its holdings in Walmart by 38.9% during the 4th quarter. Core Wealth Advisors Inc. now owns 1,501 shares of the retailer’s stock worth $237,000 after acquiring an additional 420 shares during the period. Motco grew its holdings in Walmart by 1.3% during the 4th quarter. Motco now owns 58,301 shares of the retailer’s stock worth $9,191,000 after acquiring an additional 726 shares during the period. Tealwood Asset Management Inc. grew its holdings in Walmart by 200.0% during the 1st quarter. Tealwood Asset Management Inc. now owns 5,754 shares of the retailer’s stock worth $346,000 after acquiring an additional 3,836 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in Walmart by 24.6% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 78,345 shares of the retailer’s stock worth $12,351,000 after acquiring an additional 15,448 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 0.2 %

NYSE:WMT opened at $68.41 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $550.26 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 3.89 and a beta of 0.52. The firm has a fifty day simple moving average of $63.56 and a two-hundred day simple moving average of $59.05. Walmart Inc. has a 12 month low of $49.85 and a 12 month high of $69.04.

Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. The business had revenue of $161.50 billion during the quarter, compared to analysts’ expectations of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the company posted $0.49 earnings per share. Analysts expect that Walmart Inc. will post 2.42 EPS for the current fiscal year.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the completion of the transaction, the chief executive officer now directly owns 4,018,650 shares in the company, valued at $241,239,559.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the completion of the transaction, the chief executive officer now directly owns 4,018,650 shares in the company, valued at $241,239,559.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy Patrick Flynn sold 30,000 shares of Walmart stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $64.82, for a total transaction of $1,944,600.00. Following the transaction, the director now owns 144,807 shares of the company’s stock, valued at $9,386,389.74. The disclosure for this sale can be found here. Insiders sold 14,451,722 shares of company stock worth $947,990,915 over the last three months. 45.58% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WMT shares. Royal Bank of Canada boosted their price target on shares of Walmart from $62.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, May 17th. Evercore ISI boosted their price target on shares of Walmart from $72.00 to $73.00 and gave the company an “outperform” rating in a report on Thursday, June 20th. Oppenheimer boosted their price target on shares of Walmart from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday, June 6th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Monday, May 20th. Finally, The Goldman Sachs Group boosted their price objective on shares of Walmart from $64.33 to $73.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $69.97.

View Our Latest Analysis on Walmart

About Walmart

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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Merit Financial Group LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT – Free Report) by 12.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,605 shares of the retailer’s stock after buying an additional 2,424 shares during the quarter. Merit Financial Group LLC’s holdings in Walmart were worth $3,333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. My Personal CFO LLC purchased a new position in shares of Walmart in the 4th quarter worth about $25,000. Dark Forest Capital Management LP purchased a new stake in shares of Walmart during the 4th quarter valued at about $27,000. JDM Financial Group LLC purchased a new stake in shares of Walmart during the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC raised its holdings in shares of Walmart by 105.3% during the 4th quarter. Ulland Investment Advisors LLC now owns 195 shares of the retailer’s stock valued at $28,000 after buying an additional 100 shares during the period. Finally, First Command Advisory Services Inc. raised its holdings in shares of Walmart by 387.8% during the 1st quarter. First Command Advisory Services Inc. now owns 200 shares of the retailer’s stock valued at $29,000 after buying an additional 159 shares during the period. 31.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP John R. Furner sold 4,375 shares of Walmart stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $151.00, for a total transaction of $660,625.00. Following the transaction, the executive vice president now owns 286,617 shares in the company, valued at $43,279,167. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Walmart news, major shareholder Jim C. Walton sold 2,149,275 shares of the business’s stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $153.97, for a total value of $330,923,871.75. Following the completion of the sale, the insider now owns 235,440,961 shares of the company’s stock, valued at $36,250,844,765.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 4,375 shares of the business’s stock in a transaction dated Thursday, April 27th. The stock was sold at an average price of $151.00, for a total value of $660,625.00. Following the completion of the sale, the executive vice president now directly owns 286,617 shares of the company’s stock, valued at approximately $43,279,167. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,208,665 shares of company stock worth $1,421,177,843. 46.51% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMT has been the subject of several research reports. Citigroup lifted their target price on Walmart from $169.00 to $174.00 in a research report on Friday, May 19th. 1-800-FLOWERS.COM reiterated a “maintains” rating on shares of Walmart in a research report on Friday, May 19th. Stephens reiterated an “overweight” rating and issued a $170.00 target price on shares of Walmart in a research report on Wednesday, April 5th. 92 Resources reiterated a “maintains” rating on shares of Walmart in a research report on Monday, May 22nd. Finally, Tigress Financial boosted their price objective on Walmart from $176.00 to $182.00 in a research report on Wednesday, June 7th. Five analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $166.91.

Walmart Stock Performance

Shares of NYSE WMT opened at $157.11 on Friday. Walmart Inc. has a 52-week low of $120.06 and a 52-week high of $159.12. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $423.07 billion, a price-to-earnings ratio of 37.77, a PEG ratio of 4.63 and a beta of 0.50. The stock’s fifty day simple moving average is $152.28 and its 200 day simple moving average is $146.95.

Walmart (NYSE:WMT – Free Report) last issued its quarterly earnings results on Thursday, May 18th. The retailer reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.15. Walmart had a return on equity of 21.30% and a net margin of 1.82%. The business had revenue of $152.30 billion for the quarter, compared to the consensus estimate of $147.91 billion. During the same quarter in the previous year, the company posted $1.30 earnings per share. Walmart’s revenue for the quarter was up 7.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Walmart Inc. will post 6.21 earnings per share for the current fiscal year.

Walmart Profile

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Further Reading

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Nordea Investment Management AB reduced its stake in Walmart Inc. (NYSE:WMT – Free Report) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,063,117 shares of the retailer’s stock after selling 121,500 shares during the period. Nordea Investment Management AB’s holdings in Walmart were worth $157,341,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Avalon Investment & Advisory raised its position in shares of Walmart by 3.4% during the 4th quarter. Avalon Investment & Advisory now owns 2,070 shares of the retailer’s stock worth $294,000 after purchasing an additional 69 shares during the last quarter. Transparent Wealth Partners LLC raised its holdings in shares of Walmart by 2.4% during the fourth quarter. Transparent Wealth Partners LLC now owns 3,076 shares of the retailer’s stock valued at $436,000 after acquiring an additional 71 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its position in shares of Walmart by 1.1% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 6,701 shares of the retailer’s stock valued at $950,000 after acquiring an additional 71 shares in the last quarter. Elgethun Capital Management boosted its stake in shares of Walmart by 1.2% in the third quarter. Elgethun Capital Management now owns 6,045 shares of the retailer’s stock worth $784,000 after acquiring an additional 72 shares during the last quarter. Finally, Keystone Wealth Services LLC increased its position in shares of Walmart by 2.0% during the first quarter. Keystone Wealth Services LLC now owns 3,726 shares of the retailer’s stock worth $549,000 after purchasing an additional 72 shares in the last quarter. Institutional investors and hedge funds own 31.95% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on WMT shares. Wells Fargo & Company raised their price objective on Walmart from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 6th. BNP Paribas initiated coverage on shares of Walmart in a research note on Monday, June 12th. They issued an “outperform” rating and a $186.00 price target on the stock. Citigroup upped their price objective on shares of Walmart from $169.00 to $174.00 in a research note on Friday, May 19th. Oppenheimer raised their target price on shares of Walmart from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, April 6th. Finally, Barclays upped their price target on Walmart from $159.00 to $162.00 in a research report on Sunday, May 21st. Five research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $166.91.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 9,708 shares of Walmart stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $155.04, for a total value of $1,505,128.32. Following the completion of the transaction, the chief executive officer now owns 1,490,621 shares in the company, valued at $231,105,879.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Walmart news, major shareholder Alice L. Walton sold 455,060 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $149.98, for a total value of $68,249,898.80. Following the transaction, the insider now directly owns 245,256,456 shares in the company, valued at $36,783,563,270.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 9,708 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $155.04, for a total transaction of $1,505,128.32. Following the sale, the chief executive officer now owns 1,490,621 shares of the company’s stock, valued at approximately $231,105,879.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,195,764 shares of company stock worth $1,419,154,047. 46.51% of the stock is currently owned by company insiders.

Walmart Price Performance

Walmart stock opened at $154.28 on Friday. The company’s 50 day moving average is $151.67 and its two-hundred day moving average is $146.55. The firm has a market cap of $415.45 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 4.55 and a beta of 0.49. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. Walmart Inc. has a 52-week low of $119.89 and a 52-week high of $158.23.

Walmart (NYSE:WMT – Free Report) last announced its quarterly earnings data on Thursday, May 18th. The retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.15. Walmart had a return on equity of 21.30% and a net margin of 1.82%. The business had revenue of $152.30 billion for the quarter, compared to analysts’ expectations of $147.91 billion. During the same period last year, the firm earned $1.30 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, research analysts expect that Walmart Inc. will post 6.21 EPS for the current fiscal year.

Walmart Company Profile

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Featured Articles

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).

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Personal CFO Solutions LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT – Get Rating) by 5.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 4,848 shares of the retailer’s stock after acquiring an additional 261 shares during the quarter. Personal CFO Solutions LLC’s holdings in Walmart were worth $629,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Candriam S.C.A. increased its position in Walmart by 398.9% during the second quarter. Candriam S.C.A. now owns 63,636 shares of the retailer’s stock worth $7,736,000 after buying an additional 50,880 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of Walmart in the second quarter valued at approximately $5,302,000. Windward Capital Management Co. CA grew its position in shares of Walmart by 0.7% in the third quarter. Windward Capital Management Co. CA now owns 28,022 shares of the retailer’s stock valued at $3,634,000 after purchasing an additional 201 shares during the last quarter. Meritage Portfolio Management grew its position in shares of Walmart by 35.2% in the third quarter. Meritage Portfolio Management now owns 20,160 shares of the retailer’s stock valued at $2,615,000 after purchasing an additional 5,253 shares during the last quarter. Finally, Norris Perne & French LLP MI grew its position in shares of Walmart by 6.9% in the third quarter. Norris Perne & French LLP MI now owns 2,989 shares of the retailer’s stock valued at $388,000 after purchasing an additional 194 shares during the last quarter. Institutional investors and hedge funds own 31.27% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. TheStreet raised Walmart from a “c+” rating to a “b” rating in a research report on Thursday, September 29th. Cowen upped their target price on Walmart from $165.00 to $175.00 in a research report on Wednesday, November 16th. DA Davidson upped their target price on Walmart from $163.00 to $173.00 and gave the company a “buy” rating in a research report on Wednesday, November 16th. Cowen upped their target price on Walmart from $165.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, November 16th. Finally, JPMorgan Chase & Co. set a $155.00 target price on Walmart in a research report on Wednesday, November 16th. One analyst has rated the stock with a sell rating, nine have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $160.52.

Insider Activity

In other news, EVP John R. Furner sold 4,375 shares of the stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $140.94, for a total value of $616,612.50. Following the completion of the transaction, the executive vice president now directly owns 263,809 shares in the company, valued at approximately $37,181,240.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP John R. Furner sold 4,375 shares of the stock in a transaction on Thursday, October 27th. The stock was sold at an average price of $140.94, for a total value of $616,612.50. Following the completion of the transaction, the executive vice president now directly owns 263,809 shares in the company, valued at approximately $37,181,240.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director S Robson Walton sold 350,000 shares of the stock in a transaction on Friday, December 23rd. The shares were sold at an average price of $143.31, for a total value of $50,158,500.00. Following the completion of the sale, the director now owns 267,693,635 shares of the company’s stock, valued at $38,363,174,831.85. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,831,902 shares of company stock worth $1,312,822,421. Insiders own 47.06% of the company’s stock.

Walmart Stock Up 0.3 %

NYSE WMT opened at $145.29 on Friday. The business has a fifty day moving average price of $146.42 and a two-hundred day moving average price of $137.25. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.86 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $117.27 and a fifty-two week high of $160.77. The stock has a market capitalization of $391.82 billion, a PE ratio of 44.84, a PEG ratio of 4.35 and a beta of 0.54.

Walmart (NYSE:WMT – Get Rating) last announced its quarterly earnings results on Tuesday, November 15th. The retailer reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.18. Walmart had a return on equity of 19.54% and a net margin of 1.49%. The company had revenue of $152.80 billion during the quarter, compared to analysts’ expectations of $146.80 billion. During the same period in the prior year, the company earned $1.45 EPS. Walmart’s revenue was up 8.8% compared to the same quarter last year. Equities analysts expect that Walmart Inc. will post 6.08 earnings per share for the current fiscal year.

Walmart announced that its board has authorized a share buyback plan on Tuesday, November 15th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the retailer to repurchase up to 5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.

Walmart Company Profile

(Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Further Reading

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