2 weeks Ago By ABMN Staff
Dana Investment Advisors Inc. lifted its position in Walmart Inc. ( NYSE:WMT – Free Report ) by 22.
7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,411 shares of the retailer’s stock after purchasing an additional 25,031 shares during the quarter. Dana Investment Advisors Inc.
’s holdings in Walmart were worth $9,169,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Wave Wealth Advisors LLC purchased a new stake in shares of Walmart during the 2nd quarter valued at approximately $20,824,000.
Founders Financial Alliance LLC grew its position in Walmart by 8.8% in the second quarter. Founders Financial Alliance LLC now owns 15,851 shares of the retailer’s stock worth $1,073,000 after acquiring an additional 1,279 shares during the period.
Aldebaran Financial Inc. increased its stake in Walmart by 11.0% during the second quarter.
Aldebaran Financial Inc. now owns 20,059 shares of the retailer’s stock worth $1,358,000 after acquiring an additional 1,981 shares during the last quarter. Cetera Investment Advisers raised its position in Walmart by 0.
6% in the second quarter. Cetera Investment Advisers now owns 1,692,435 shares of the retailer’s stock valued at $114,595,000 after purchasing an additional 9,594 shares during the period. Finally, 3Chopt Investment Partners LLC lifted its stake in shares of Walmart by 2.
6% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 32,509 shares of the retailer’s stock valued at $2,201,000 after purchasing an additional 817 shares during the last quarter. 26.
76% of the stock is currently owned by institutional investors and hedge funds. Insiders Place Their Bets In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $70.
61, for a total value of $2,056,445.64. Following the completion of the sale, the chief executive officer now directly owns 3,931,301 shares of the company’s stock, valued at approximately $277,589,163.
61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, July 25th.
The shares were sold at an average price of $70.61, for a total value of $2,056,445.64.
Following the transaction, the chief executive officer now directly owns 3,931,301 shares of the company’s stock, valued at approximately $277,589,163.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink .
Also, major shareholder Alice L. Walton sold 2,709,163 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.
37, for a total transaction of $209,607,941.31. Following the transaction, the insider now directly owns 630,501,148 shares in the company, valued at $48,781,873,820.
76. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 12,334,670 shares of company stock valued at $958,025,027.
45.58% of the stock is currently owned by insiders. Walmart Price Performance Walmart ( NYSE:WMT – Get Free Report ) last issued its earnings results on Thursday, August 15th.
The retailer reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.
02. Walmart had a net margin of 2.34% and a return on equity of 21.
72%. The business had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.
56 billion. During the same quarter in the prior year, the business posted $0.61 EPS.
The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities research analysts anticipate that Walmart Inc.
will post 2.44 earnings per share for the current fiscal year. Analyst Ratings Changes A number of analysts recently issued reports on the company.
Robert W. Baird raised their price objective on Walmart from $82.00 to $90.
00 and gave the stock an “outperform” rating in a research report on Monday. UBS Group lifted their price target on shares of Walmart from $74.00 to $81.
00 and gave the company a “buy” rating in a research report on Friday, August 16th. Telsey Advisory Group upped their price objective on shares of Walmart from $75.00 to $82.
00 and gave the stock an “outperform” rating in a report on Friday, August 16th. JPMorgan Chase & Co. increased their price objective on shares of Walmart from $81.
00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $80.
00 target price on shares of Walmart in a research report on Friday, August 16th. One investment analyst has rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $81.
62. View Our Latest Stock Report on Walmart Walmart Profile ( Free Report ) 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. Featured Articles 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 .
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