Walmart Inc. (NYSE:WMT) Position Lifted by United Advisor Group LLC

United Advisor Group LLC raised its stake in Walmart Inc. (NYSE:WMT) by 15.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 31,184 shares of the retailer’s stock after purchasing an additional 4,106 shares during the period. United Advisor Group LLC’s holdings in Walmart were worth $2,518,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WMT. Vanguard Group Inc. lifted its holdings in Walmart by 199.4% during the 1st quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock worth $24,774,717,000 after buying an additional 274,229,968 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Walmart by 181.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock worth $3,421,342,000 after purchasing an additional 36,625,314 shares during the period. Swiss National Bank lifted its position in shares of Walmart by 187.4% in the 1st quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock worth $800,454,000 after buying an additional 8,674,100 shares during the last quarter. Canada Pension Plan Investment Board grew its position in shares of Walmart by 284.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 11,122,273 shares of the retailer’s stock valued at $669,227,000 after buying an additional 8,225,552 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in Walmart by 8,814.4% during the third quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer’s stock worth $562,280,000 after acquiring an additional 6,885,106 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 0.3 %

NYSE WMT opened at $82.45 on Tuesday. The firm’s 50 day moving average price is $79.93 and its two-hundred day moving average price is $71.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $83.34. The stock has a market cap of $662.75 billion, a price-to-earnings ratio of 42.87, a PEG ratio of 4.12 and a beta of 0.51.

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

Insider Transactions at Walmart

In other Walmart news, major shareholder S Robson Walton sold 4,057,369 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the transaction, the insider now owns 611,988,318 shares in the company, valued at approximately $47,245,498,149.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Walmart news, major shareholder S Robson Walton sold 4,057,369 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the transaction, the insider now directly owns 611,988,318 shares of the company’s stock, valued at $47,245,498,149.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $81.04, for a total value of $1,063,650.00. Following the sale, the executive vice president now owns 606,165 shares of the company’s stock, valued at approximately $49,123,611.60. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,334,337 shares of company stock valued at $958,577,287 over the last three months. 45.58% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent research reports. Guggenheim upped their target price on Walmart from $81.00 to $90.00 and gave the company a “buy” rating in a report on Monday, October 28th. The Goldman Sachs Group increased their target price on Walmart from $73.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. KeyCorp upped their target price on shares of Walmart from $86.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, October 28th. Deutsche Bank Aktiengesellschaft lifted their price target on Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. Finally, Roth Mkm increased their price objective on Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 16th. One research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $83.89.

Walmart Company 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.