Naples Global Advisors LLC raised its holdings in Walmart Inc. (NYSE:WMT) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,969 shares of the retailer’s stock after acquiring an additional 410 shares during the period. Naples Global Advisors LLC’s holdings in Walmart were worth $1,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of WMT. Evolution Wealth Advisors LLC boosted its position in shares of Walmart by 640.6% during the second quarter. Evolution Wealth Advisors LLC now owns 237 shares of the retailer’s stock worth $28,000 after buying an additional 205 shares during the period. Carolina Wealth Advisors LLC boosted its position in shares of Walmart by 57.6% during the third quarter. Carolina Wealth Advisors LLC now owns 260 shares of the retailer’s stock worth $36,000 after buying an additional 95 shares during the period. Atlantic Trust LLC boosted its position in Walmart by 42.0% during the second quarter. Atlantic Trust LLC now owns 284 shares of the retailer’s stock valued at $34,000 after purchasing an additional 84 shares during the last quarter. Marquette Asset Management LLC acquired a new position in Walmart during the second quarter valued at approximately $34,000. Finally, Selective Wealth Management Inc. acquired a new position in Walmart during the second quarter valued at approximately $36,000. 29.34% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently commented on WMT. Goldman Sachs Group reissued a “buy” rating and set a $144.00 price target on shares of Walmart in a research report on Tuesday, August 18th. Tigress Financial reissued a “hold” rating on shares of Walmart in a research report on Tuesday, July 28th. Citigroup increased their price target on Walmart from $140.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Credit Suisse Group reissued a “buy” rating and set a $135.00 price target on shares of Walmart in a research report on Monday, September 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $144.00 price target (up from $142.00) on shares of Walmart in a research report on Wednesday, August 19th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $141.46.

In other Walmart news, major shareholder Alice L. Walton sold 752,085 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $137.20, for a total transaction of $103,186,062.00. Following the sale, the insider now owns 11,323,580 shares of the company’s stock, valued at approximately $1,553,595,176. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Marc E. Lore sold 85,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $129.22, for a total transaction of $10,983,700.00. Following the sale, the executive vice president now directly owns 1,858,073 shares in the company, valued at approximately $240,100,193.06. The disclosure for this sale can be found here. Insiders have sold a total of 1,011,690 shares of company stock worth $138,850,587 in the last three months. Insiders own 50.43% of the company’s stock.

Walmart stock traded up $0.65 during trading on Tuesday, hitting $142.81. The stock had a trading volume of 248,161 shares, compared to its average volume of 9,486,474. Walmart Inc. has a 1 year low of $102.00 and a 1 year high of $151.33. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average is $140.31 and its two-hundred day moving average is $130.46. The stock has a market cap of $402.85 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 4.86 and a beta of 0.27.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, August 18th. The retailer reported $1.56 EPS for the quarter, beating the consensus estimate of $1.25 by $0.31. Walmart had a return on equity of 19.13% and a net margin of 3.30%. The business had revenue of $137.70 billion for the quarter, compared to the consensus estimate of $133.77 billion. During the same quarter in the prior year, the business earned $1.27 earnings per share. Walmart’s revenue for the quarter was up 2.8% on a year-over-year basis. As a group, equities research analysts anticipate that Walmart Inc. will post 5.35 EPS for the current fiscal year.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates in 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; ecommerce websites, such as walmart.com, walmart.com.mx, asda.com, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Featured Story: What is intrinsic value?

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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.