Bayesian Capital Management LP Acquires 13,201 Shares of Walmart Inc. (NYSE:WMT)

Bayesian Capital Management LP lifted its holdings in Walmart Inc. (NYSE:WMT) by 167.1% during the first quarter, HoldingsChannel.com reports. The firm owned 21,101 shares of the retailer’s stock after purchasing an additional 13,201 shares during the period. Bayesian Capital Management LP’s holdings in Walmart were worth $3,111,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Carl Stuart Investment Advisor Inc. bought a new stake in shares of Walmart in the first quarter worth $4,210,753,000. Sageworth Trust Co raised its position in Walmart by 2,414.3% during the first quarter. Sageworth Trust Co now owns 176 shares of the retailer’s stock worth $26,000 after acquiring an additional 169 shares in the last quarter. Dark Forest Capital Management LP bought a new stake in Walmart during the fourth quarter worth $27,000. NewSquare Capital LLC raised its position in Walmart by 58.3% during the first quarter. NewSquare Capital LLC now owns 190 shares of the retailer’s stock worth $28,000 after acquiring an additional 70 shares in the last quarter. Finally, First Command Advisory Services Inc. raised its position in Walmart by 387.8% during the first quarter. First Command Advisory Services Inc. now owns 200 shares of the retailer’s stock worth $29,000 after acquiring an additional 159 shares in the last quarter. Institutional investors own 33.18% of the company’s stock.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 1,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $161.37, for a total transaction of $161,370.00. Following the transaction, the executive vice president now owns 169,735 shares in the company, valued at approximately $27,390,136.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Walmart news, EVP John D. Rainey sold 1,000 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $161.37, for a total transaction of $161,370.00. Following the completion of the sale, the executive vice president now owns 169,735 shares in the company, valued at approximately $27,390,136.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director S Robson Walton sold 1,183,630 shares of the business’s stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $155.52, for a total transaction of $184,078,137.60. Following the sale, the director now owns 240,230,516 shares of the company’s stock, valued at approximately $37,360,649,848.32. The disclosure for this sale can be found here. Insiders have sold 7,866,773 shares of company stock worth $1,219,993,258 in the last quarter. Company insiders own 46.51% of the company’s stock.

Walmart Trading Up 0.3 %

Walmart stock traded up $0.50 during mid-day trading on Monday, hitting $164.27. 1,497,177 shares of the stock were exchanged, compared to its average volume of 5,892,195. The company has a quick ratio of 0.26, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Walmart Inc. has a 12 month low of $128.07 and a 12 month high of $164.48. The firm’s fifty day simple moving average is $158.58 and its two-hundred day simple moving average is $151.89. The stock has a market capitalization of $442.14 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 3.86 and a beta of 0.49.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, August 17th. The retailer reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.15. Walmart had a net margin of 2.23% and a return on equity of 21.47%. The firm had revenue of $161.63 billion during the quarter, compared to analyst estimates of $160.22 billion. During the same quarter last year, the business earned $1.77 EPS. The company’s revenue was up 5.7% compared to the same quarter last year. Analysts forecast that Walmart Inc. will post 6.45 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Walmart from $165.00 to $168.00 and gave the company an “outperform” rating in a research report on Friday, August 18th. KeyCorp increased their price objective on shares of Walmart from $175.00 to $177.00 and gave the company an “overweight” rating in a research report on Friday, August 18th. BNP Paribas started coverage on shares of Walmart in a research report on Monday, June 12th. They issued an “outperform” rating and a $186.00 price objective on the stock. Bank of America upped their price target on shares of Walmart from $175.00 to $190.00 in a research note on Wednesday, August 9th. Finally, Credit Suisse Group upped their price target on shares of Walmart from $170.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Four investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.51.

Walmart Profile

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.