Quattro Financial Advisors LLC lowered its stake in Walmart Inc (NYSE:WMT) by 38.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,315 shares of the retailer’s stock after selling 8,367 shares during the quarter. Walmart accounts for approximately 0.4% of Quattro Financial Advisors LLC’s portfolio, making the stock its 29th largest position. Quattro Financial Advisors LLC’s holdings in Walmart were worth $1,674,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WMT. Steigerwald Gordon & Koch Inc. raised its holdings in shares of Walmart by 443.7% during the second quarter. Steigerwald Gordon & Koch Inc. now owns 42,853 shares of the retailer’s stock valued at $5,133,000 after purchasing an additional 34,971 shares during the period. Asset Planning Services Inc. LA ADV bought a new stake in Walmart in the 2nd quarter valued at about $2,840,000. Keudell Morrison Wealth Management raised its stake in Walmart by 19.5% during the 2nd quarter. Keudell Morrison Wealth Management now owns 3,902 shares of the retailer’s stock worth $467,000 after buying an additional 638 shares during the period. Boenning & Scattergood Inc. boosted its holdings in Walmart by 2.9% in the second quarter. Boenning & Scattergood Inc. now owns 10,645 shares of the retailer’s stock worth $1,275,000 after acquiring an additional 299 shares in the last quarter. Finally, CENTRAL TRUST Co grew its stake in Walmart by 2.6% in the second quarter. CENTRAL TRUST Co now owns 194,712 shares of the retailer’s stock valued at $23,323,000 after acquiring an additional 4,910 shares during the period. Institutional investors own 29.95% of the company’s stock.

In other news, EVP Marc E. Lore sold 85,000 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $123.05, for a total value of $10,459,250.00. Following the completion of the transaction, the executive vice president now directly owns 2,272,996 shares of the company’s stock, valued at $279,692,157.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 7,324 shares of Walmart stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $126.00, for a total value of $922,824.00. Following the completion of the transaction, the executive vice president now owns 51,526 shares of the company’s stock, valued at $6,492,276. The disclosure for this sale can be found here. Insiders sold a total of 347,324 shares of company stock valued at $43,065,824 over the last quarter. 50.43% of the stock is owned by company insiders.

A number of equities analysts recently issued reports on WMT shares. Nomura Instinet increased their target price on Walmart from $131.00 to $139.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Exane BNP Paribas lowered shares of Walmart to an “underperform” rating and set a $98.00 price objective on the stock. in a research note on Thursday, March 26th. Atlantic Securities assumed coverage on shares of Walmart in a research report on Thursday, March 26th. They set an “overweight” rating and a $130.00 target price for the company. CSFB raised their price target on shares of Walmart from $127.00 to $135.00 and gave the company an “outperform” rating in a research report on Wednesday, May 20th. Finally, Deutsche Bank reissued a “buy” rating on shares of Walmart in a report on Wednesday, July 8th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $132.45.

Walmart stock traded up $2.49 during midday trading on Tuesday, reaching $132.01. The stock had a trading volume of 8,785,512 shares, compared to its average volume of 9,703,187. The firm has a market capitalization of $367.02 billion, a PE ratio of 25.17, a P/E/G ratio of 5.00 and a beta of 0.28. Walmart Inc has a 12 month low of $102.00 and a 12 month high of $133.63. The company has a quick ratio of 0.27, a current ratio of 0.77 and a debt-to-equity ratio of 0.85. The firm’s 50-day moving average price is $121.67 and its 200 day moving average price is $119.61.

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

About Walmart

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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