Tlwm Has $1.31 Million Position in Walmart Inc. (NYSE:WMT)

Tlwm increased its position in shares of Walmart Inc. (NYSE:WMT) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,325 shares of the retailer’s stock after acquiring an additional 113 shares during the period. Walmart comprises 0.4% of Tlwm’s holdings, making the stock its 22nd largest holding. Tlwm’s holdings in Walmart were worth $1,309,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Signature Wealth Management Group increased its stake in shares of Walmart by 1.9% in the second quarter. Signature Wealth Management Group now owns 3,436 shares of the retailer’s stock worth $540,000 after purchasing an additional 65 shares in the last quarter. Wealth Architects LLC boosted its holdings in Walmart by 3.3% in the 1st quarter. Wealth Architects LLC now owns 2,076 shares of the retailer’s stock worth $306,000 after buying an additional 66 shares during the period. Bluesphere Advisors LLC increased its stake in Walmart by 3.5% in the 1st quarter. Bluesphere Advisors LLC now owns 2,003 shares of the retailer’s stock worth $295,000 after buying an additional 67 shares in the last quarter. Worth Asset Management LLC raised its holdings in Walmart by 11.3% during the second quarter. Worth Asset Management LLC now owns 659 shares of the retailer’s stock valued at $104,000 after acquiring an additional 67 shares during the period. Finally, Glassman Wealth Services lifted its position in shares of Walmart by 1.5% in the first quarter. Glassman Wealth Services now owns 4,477 shares of the retailer’s stock valued at $660,000 after acquiring an additional 68 shares in the last quarter. Institutional investors and hedge funds own 33.18% of the company’s stock.

Insider Buying and Selling

In other Walmart news, major shareholder Jim C. Walton sold 2,149,275 shares of the firm’s stock in a transaction dated Thursday, June 29th. The shares were sold at an average price of $153.97, for a total transaction of $330,923,871.75. Following the transaction, the insider now owns 235,440,961 shares of the company’s stock, valued at approximately $36,250,844,765.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Walmart news, major shareholder Jim C. Walton sold 2,149,275 shares of the company’s stock in a transaction on Thursday, June 29th. The stock was sold at an average price of $153.97, for a total transaction of $330,923,871.75. Following the completion of the sale, the insider now owns 235,440,961 shares in the company, valued at $36,250,844,765.17. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, major shareholder Alice L. Walton sold 473,370 shares of Walmart stock in a transaction on Thursday, June 22nd. The shares were sold at an average price of $155.75, for a total value of $73,727,377.50. Following the completion of the transaction, the insider now owns 241,479,146 shares in the company, valued at $37,610,376,989.50. The disclosure for this sale can be found here. Insiders sold a total of 6,493,773 shares of company stock valued at $1,005,802,298 over the last three months. 46.51% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on WMT shares. Oppenheimer lifted their target price on Walmart from $165.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, August 8th. Citigroup boosted their target price on shares of Walmart from $174.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, August 21st. Roth Mkm raised their price objective on Walmart from $169.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, August 18th. BNP Paribas assumed coverage on Walmart in a research note on Monday, June 12th. They set an “outperform” rating and a $186.00 price target for the company. Finally, Bank of America lifted their price objective on Walmart from $175.00 to $190.00 in a research note on Wednesday, August 9th. Four research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $176.51.

Walmart Trading Down 0.4 %

Shares of Walmart stock traded down $0.73 on Monday, hitting $163.91. 580,377 shares of the company traded hands, compared to its average volume of 5,940,081. The company has a current ratio of 0.83, a quick ratio of 0.26 and a debt-to-equity ratio of 0.50. The company has a market cap of $441.17 billion, a PE ratio of 31.66, a PEG ratio of 3.90 and a beta of 0.49. The stock’s 50 day moving average price is $159.34 and its 200-day moving average price is $152.70. Walmart Inc. has a 52 week low of $128.07 and a 52 week high of $165.85.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 17th. The retailer reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.15. Walmart had a return on equity of 21.47% and a net margin of 2.23%. The business had revenue of $161.63 billion during the quarter, compared to analyst estimates of $160.22 billion. During the same period in the previous year, the company posted $1.77 EPS. Walmart’s revenue was up 5.7% on a year-over-year basis. Equities research analysts predict that Walmart Inc. will post 6.44 EPS for the current year.

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.