Naples Global Advisors LLC raised its position in Walmart Inc. (NYSE:WMT) by 3.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor 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 SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp lifted its stake in Walmart by 1.2% in the 1st quarter. State Street Corp now owns 70,902,390 shares of the retailer’s stock valued at $8,094,312,000 after acquiring an additional 835,420 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Walmart by 2.8% in the 2nd quarter. Fisher Asset Management LLC now owns 11,043,157 shares of the retailer’s stock valued at $1,322,749,000 after acquiring an additional 295,585 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Walmart by 6.8% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 6,975,190 shares of the retailer’s stock valued at $835,488,000 after acquiring an additional 441,514 shares in the last quarter. California Public Employees Retirement System lifted its stake in Walmart by 3.8% in the 2nd quarter. California Public Employees Retirement System now owns 6,384,265 shares of the retailer’s stock valued at $764,707,000 after acquiring an additional 231,687 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Walmart by 0.8% in the 2nd quarter. Swiss National Bank now owns 6,313,958 shares of the retailer’s stock valued at $756,286,000 after acquiring an additional 52,400 shares in the last quarter. Hedge funds and other institutional investors own 29.34% of the company’s stock.

In other news, EVP Marc E. Lore sold 85,000 shares of the firm’s stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $144.55, for a total transaction of $12,286,750.00. Following the completion of the transaction, the executive vice president now directly owns 1,610,399 shares in the company, valued at $232,783,175.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Chojnowski sold 4,605 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $134.24, for a total value of $618,175.20. Following the transaction, the senior vice president now owns 30,620 shares of the company’s stock, valued at $4,110,428.80. The disclosure for this sale can be found here. Insiders sold 1,011,690 shares of company stock valued at $138,850,587 over the last quarter. Corporate insiders own 50.43% of the company’s stock.

WMT has been the topic of a number of analyst reports. Robert W. Baird upped their price objective on Walmart from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 18th. Oppenheimer reiterated a “buy” rating and set a $152.00 price objective (up previously from $145.00) on shares of Walmart in a research note on Tuesday, September 22nd. Cfra reiterated a “buy” rating and set a $145.00 price objective on shares of Walmart in a research note on Thursday, July 16th. Zacks Investment Research upgraded Walmart from a “hold” rating to a “buy” rating and set a $145.00 price objective on the stock in a research note on Tuesday, September 15th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $137.00 price objective on shares of Walmart in a research note on Friday, October 2nd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $141.46.

Walmart stock traded up $0.65 during trading hours on Tuesday, hitting $142.81. The stock had a trading volume of 248,161 shares, compared to its average volume of 9,486,474. 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 has a market cap of $402.85 billion, a price-to-earnings ratio of 22.80, a P/E/G ratio of 4.86 and a beta of 0.27. Walmart Inc. has a one year low of $102.00 and a one year high of $151.33. The business’s 50 day simple moving average is $140.31 and its 200-day simple moving average is $130.46.

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

Walmart 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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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