Tompkins Financial Corp lifted its stake in Walmart Inc (NYSE:WMT) by 27.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,874 shares of the retailer’s stock after purchasing an additional 7,832 shares during the period. Tompkins Financial Corp’s holdings in Walmart were worth $3,498,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in WMT. Clarfeld Financial Advisors LLC purchased a new stake in Walmart during the 4th quarter worth about $25,000. C J Advisory Inc purchased a new stake in Walmart during the 1st quarter worth about $29,000. Winch Advisory Services LLC lifted its holdings in Walmart by 45.1% during the 4th quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after buying an additional 107 shares during the last quarter. Financial Gravity Wealth Inc. purchased a new stake in Walmart during the 1st quarter worth about $35,000. Finally, WP Advisors LLC purchased a new stake in Walmart during the 1st quarter worth about $37,000. Hedge funds and other institutional investors own 29.79% of the company’s stock.

A number of analysts have issued reports on WMT shares. Zacks Investment Research downgraded Walmart from a “buy” rating to a “hold” rating in a report on Friday, May 17th. Daiwa Capital Markets raised Walmart from a “neutral” rating to an “outperform” rating in a report on Tuesday, May 21st. Wolfe Research downgraded Walmart from a “peer perform” rating to an “underperform” rating in a report on Wednesday, May 8th. Jefferies Financial Group lifted their price target on Walmart from $117.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, June 10th. Finally, Citigroup lifted their price target on Walmart from $116.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, February 21st. Two investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and nineteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $108.26.

In related news, insider David Chojnowski sold 2,000 shares of the business’s stock in a transaction dated Friday, March 29th. The stock was sold at an average price of $97.17, for a total value of $194,340.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director S Robson Walton sold 737,813 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $105.28, for a total value of $77,676,952.64. The disclosure for this sale can be found here. Insiders sold a total of 11,674,015 shares of company stock valued at $1,172,639,093 over the last three months. Company insiders own 51.11% of the company’s stock.

Walmart stock opened at $109.07 on Friday. Walmart Inc has a fifty-two week low of $82.37 and a fifty-two week high of $109.59. The company has a quick ratio of 0.21, a current ratio of 0.77 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $310.17 billion, a PE ratio of 22.21, a PEG ratio of 4.76 and a beta of 0.36.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 16th. The retailer reported $1.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.11. Walmart had a return on equity of 18.66% and a net margin of 1.62%. The business had revenue of $122.95 billion during the quarter, compared to the consensus estimate of $124.51 billion. During the same period in the previous year, the business earned $1.14 EPS. The business’s quarterly revenue was up 1.1% on a year-over-year basis. On average, equities research analysts expect that Walmart Inc will post 4.82 EPS for the current year.

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Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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