2 weeks Ago By ABMN Staff
Traction Financial Partners LLC bought a new stake in shares of Walmart Inc. ( NYSE:WMT – Free Report ) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,839 shares of the retailer’s stock, valued at approximately $208,000.
A number of other hedge funds also recently modified their holdings of WMT. EntryPoint Capital LLC bought a new stake in shares of Walmart in the 1st quarter worth approximately $25,000. Northwest Capital Management Inc raised its holdings in shares of Walmart by 199.
3% in the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after buying an additional 293 shares in the last quarter. TruNorth Capital Management LLC raised its holdings in shares of Walmart by 138.
3% in the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after buying an additional 249 shares in the last quarter. Cultivar Capital Inc.
acquired a new position in shares of Walmart in the 2nd quarter worth approximately $29,000. Finally, Able Wealth Management LLC acquired a new position in shares of Walmart in the 4th quarter worth approximately $30,000. Institutional investors own 26.
76% of the company’s stock. Walmart Stock Down 0.2 % NYSE:WMT opened at $79.
78 on Monday. The company has a current ratio of 0.80, a quick ratio of 0.
22 and a debt-to-equity ratio of 0.46. The stock has a market cap of $641.
29 billion, a price-to-earnings ratio of 34.14, a PEG ratio of 4.00 and a beta of 0.
51. The stock has a 50-day moving average price of $74.44 and a two-hundred day moving average price of $67.
57. Walmart Inc. has a 1 year low of $49.
85 and a 1 year high of $81.60. Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on WMT shares.
HSBC increased their target price on Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th.
Telsey Advisory Group raised their price target on Walmart from $75.00 to $82.00 and gave the company an “outperform” rating in a report on Friday, August 16th.
Guggenheim raised their price target on Walmart from $75.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th.
The Goldman Sachs Group raised their price target on Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th.
Finally, Stifel Nicolaus raised their price target on Walmart from $71.00 to $73.00 and gave the company a “hold” rating in a report on Tuesday, August 13th.
One analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $80.96.
Get Our Latest Report on Walmart Insider Transactions at Walmart In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 630,501,148 shares in the company, valued at $48,781,873,820.
76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . In other Walmart news, major shareholder Alice L.
Walton sold 2,709,163 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.
31. Following the sale, the insider now owns 630,501,148 shares in the company, valued at $48,781,873,820.76.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction that occurred on Monday, September 16th.
The shares were sold at an average price of $80.76, for a total value of $166,607.88.
Following the completion of the sale, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. The disclosure for this sale can be found here .
Insiders sold 12,292,421 shares of company stock valued at $954,612,818 over the last three months. Company insiders own 45.58% of the company’s stock.
About Walmart ( 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.
Further Reading 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 ..
