Waterloo Capital L.P. Has $14.56 Million Stake in Walmart Inc. (NYSE:WMT)

Waterloo Capital L.P. raised its stake in Walmart Inc. (NYSE:WMT) by 25.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 215,044 shares of the retailer’s stock after buying an additional 43,134 shares during the quarter. Walmart accounts for approximately 1.7% of Waterloo Capital L.P.’s holdings, making the stock its 10th biggest holding. Waterloo Capital L.P.’s holdings in Walmart were worth $14,561,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Landmark Financial Advisors LLC lifted its holdings in shares of Walmart by 1.0% in the fourth quarter. Landmark Financial Advisors LLC now owns 7,055 shares of the retailer’s stock valued at $1,112,000 after buying an additional 70 shares during the period. Syverson Strege & Co raised its position in Walmart by 2.6% in the fourth quarter. Syverson Strege & Co now owns 3,377 shares of the retailer’s stock worth $532,000 after acquiring an additional 85 shares in the last quarter. Amussen Hunsaker Associates LLC lifted its holdings in Walmart by 0.5% in the 4th quarter. Amussen Hunsaker Associates LLC now owns 15,979 shares of the retailer’s stock valued at $2,519,000 after acquiring an additional 86 shares during the last quarter. Per Stirling Capital Management LLC. boosted its position in shares of Walmart by 2.6% during the 4th quarter. Per Stirling Capital Management LLC. now owns 4,009 shares of the retailer’s stock valued at $632,000 after purchasing an additional 100 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. grew its stake in shares of Walmart by 1.6% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 6,166 shares of the retailer’s stock worth $975,000 after purchasing an additional 100 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 2,398 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $69.50, for a total value of $166,661.00. Following the completion of the transaction, the executive vice president now directly owns 463,871 shares in the company, valued at $32,239,034.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, major shareholder S Robson Walton sold 4,057,369 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $77.20, for a total transaction of $313,228,886.80. Following the completion of the sale, the insider now owns 611,988,318 shares of the company’s stock, valued at $47,245,498,149.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 2,398 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $69.50, for a total value of $166,661.00. Following the completion of the sale, the executive vice president now directly owns 463,871 shares in the company, valued at $32,239,034.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,203,360 shares of company stock worth $788,678,803. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Down 2.4 %

NYSE WMT opened at $78.62 on Wednesday. The business’s fifty day moving average is $72.90 and its 200-day moving average is $66.48. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. The stock has a market capitalization of $631.97 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 4.03 and a beta of 0.51. Walmart Inc. has a one year low of $49.85 and a one year high of $81.02.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. The business had revenue of $169.30 billion during the quarter, compared to analyst estimates of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. Walmart’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.61 earnings per share. Equities research analysts predict that Walmart Inc. will post 2.44 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Roth Mkm increased their target price on shares of Walmart from $71.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Stifel Nicolaus increased their price objective on Walmart from $71.00 to $73.00 and gave the company a “hold” rating in a research report on Tuesday, August 13th. Morgan Stanley raised their price objective on Walmart from $75.00 to $82.00 and gave the stock an “overweight” rating in a research note on Friday, August 16th. Guggenheim boosted their target price on Walmart from $75.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Finally, Oppenheimer increased their price target on Walmart from $69.00 to $75.00 and gave the company an “outperform” rating in a research report on Thursday, June 6th. Two equities research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $78.99.

Walmart Profile

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.