Walmart Inc (NYSE:WMT) Shares Sold by Blair William & Co. IL

Blair William & Co. IL lessened its holdings in shares of Walmart Inc (NYSE:WMT) by 0.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 661,024 shares of the retailer’s stock after selling 206 shares during the quarter. Blair William & Co. IL’s holdings in Walmart were worth $75,106,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Evolution Wealth Advisors LLC acquired a new position in shares of Walmart during the 4th quarter valued at about $26,000. Carolina Wealth Advisors LLC acquired a new position in shares of Walmart during the 4th quarter valued at about $27,000. Joseph P. Lucia & Associates LLC boosted its position in shares of Walmart by 75.6% during the 1st quarter. Joseph P. Lucia & Associates LLC now owns 230 shares of the retailer’s stock valued at $26,000 after acquiring an additional 99 shares during the last quarter. AlphaMark Advisors LLC boosted its position in shares of Walmart by 138.9% during the 4th quarter. AlphaMark Advisors LLC now owns 258 shares of the retailer’s stock valued at $31,000 after acquiring an additional 150 shares during the last quarter. Finally, MBM Wealth Consultants LLC boosted its position in shares of Walmart by 197.2% during the 4th quarter. MBM Wealth Consultants LLC now owns 315 shares of the retailer’s stock valued at $37,000 after acquiring an additional 209 shares during the last quarter. 30.28% of the stock is currently owned by institutional investors.

Shares of Walmart stock traded down $0.66 on Friday, reaching $124.33. 7,294,059 shares of the company were exchanged, compared to its average volume of 9,517,713. Walmart Inc has a 1-year low of $100.60 and a 1-year high of $133.38. The company has a market cap of $354.18 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 5.21 and a beta of 0.30. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.77 and a quick ratio of 0.22. The stock’s 50 day moving average price is $125.02 and its 200-day moving average price is $118.99.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, May 19th. The retailer reported $1.18 EPS for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.06. The business had revenue of $134.62 billion during the quarter, compared to the consensus estimate of $130.91 billion. Walmart had a return on equity of 18.33% and a net margin of 2.81%. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 earnings per share. On average, research analysts predict that Walmart Inc will post 4.86 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on WMT. Royal Bank of Canada boosted their price target on shares of Walmart from $126.00 to $129.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 13th. Raymond James boosted their price objective on shares of Walmart from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday. CSFB boosted their price objective on shares of Walmart from $127.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday. Nomura boosted their price objective on shares of Walmart from $131.00 to $139.00 in a report on Wednesday. Finally, Deutsche Bank boosted their price objective on shares of Walmart from $134.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-three have assigned a buy rating to the company’s stock. Walmart has a consensus rating of “Buy” and an average target price of $132.03.

In related news, EVP Marc E. Lore sold 85,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $123.05, for a total value of $10,459,250.00. Following the completion of the transaction, the executive vice president now directly owns 2,272,996 shares of the company’s stock, valued at $279,692,157.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $116.50, for a total value of $5,825,000.00. The disclosure for this sale can be found here. Insiders sold 321,205 shares of company stock valued at $39,041,990 over the last ninety days. 51.11% of the stock is currently owned by corporate insiders.

Walmart Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

Read More: What does cost of debt say about a company’s financial health?

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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.