Guggenheim Capital LLC lowered its stake in shares of Walmart Inc (NYSE:WMT) by 24.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 120,993 shares of the retailer’s stock after selling 38,650 shares during the period. Guggenheim Capital LLC’s holdings in Walmart were worth $13,747,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMT. Waterloo Capital L.P. acquired a new stake in shares of Walmart in the 1st quarter valued at $341,000. Richard P Slaughter Associates Inc lifted its stake in shares of Walmart by 10.4% in the 1st quarter. Richard P Slaughter Associates Inc now owns 1,879 shares of the retailer’s stock valued at $213,000 after purchasing an additional 177 shares during the last quarter. Optimal Asset Management Inc. lifted its stake in shares of Walmart by 95.4% in the 1st quarter. Optimal Asset Management Inc. now owns 61,312 shares of the retailer’s stock valued at $6,966,000 after purchasing an additional 29,940 shares during the last quarter. State of Tennessee Treasury Department lifted its stake in shares of Walmart by 51.1% in the 1st quarter. State of Tennessee Treasury Department now owns 1,321,641 shares of the retailer’s stock valued at $150,165,000 after purchasing an additional 446,979 shares during the last quarter. Finally, Coldstream Capital Management Inc. lifted its stake in shares of Walmart by 1.8% in the 1st quarter. Coldstream Capital Management Inc. now owns 34,665 shares of the retailer’s stock valued at $3,938,000 after purchasing an additional 599 shares during the last quarter. 29.97% of the stock is owned by institutional investors.

Several equities research analysts recently issued reports on WMT shares. Morgan Stanley lifted their price objective on shares of Walmart from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Nomura Instinet lifted their price objective on shares of Walmart from $131.00 to $139.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Gordon Haskett lowered shares of Walmart from a “buy” rating to an “accumulate” rating and lifted their price objective for the company from $130.00 to $140.00 in a research note on Wednesday, April 29th. They noted that the move was a valuation call. Telsey Advisory Group lifted their target price on shares of Walmart from $135.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, May 20th. Finally, Royal Bank of Canada lifted their target price on shares of Walmart from $126.00 to $129.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 13th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-four have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $132.45.

In other Walmart news, EVP Kathryn J. Mclay sold 7,324 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $126.00, for a total value of $922,824.00. Following the transaction, the executive vice president now directly owns 51,526 shares in the company, valued at $6,492,276. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Marc E. Lore sold 85,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $128.52, for a total transaction of $10,924,200.00. Following the completion of the transaction, the executive vice president now owns 2,387,965 shares in the company, valued at $306,901,261.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 262,324 shares of company stock worth $32,581,924. 51.11% of the stock is owned by company insiders.

Shares of Walmart stock traded down $0.44 during trading on Friday, hitting $119.27. 148,835 shares of the company’s stock traded hands, compared to its average volume of 8,777,977. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.77 and a quick ratio of 0.27. The firm’s fifty day moving average price is $122.43 and its 200 day moving average price is $119.41. Walmart Inc has a twelve month low of $102.00 and a twelve month high of $133.38. The company has a market cap of $339.22 billion, a PE ratio of 22.75, a PEG ratio of 4.60 and a beta of 0.30.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, May 19th. The retailer reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.06. Walmart had a net margin of 2.81% and a return on equity of 18.33%. The business had revenue of $134.62 billion for the quarter, compared to analyst estimates of $130.91 billion. During the same period in the previous year, the business earned $1.13 EPS. The firm’s revenue was up 9.5% on a year-over-year basis. As a group, equities research analysts anticipate that Walmart Inc will post 4.93 earnings per share for the current year.

Walmart 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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