Capital Square LLC Has $608,000 Stock Position in Walmart Inc. (NYSE:WMT)

Capital Square LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 3.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,526 shares of the retailer’s stock after selling 272 shares during the quarter. Capital Square LLC’s holdings in Walmart were worth $608,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in WMT. EntryPoint Capital LLC bought a new position in shares of Walmart during the first quarter worth approximately $25,000. Peterson Financial Group Inc. acquired a new stake in Walmart in the 3rd quarter worth about $26,000. TruNorth Capital Management LLC raised its position in shares of Walmart by 138.3% in the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after buying an additional 249 shares in the last quarter. Cultivar Capital Inc. bought a new stake in shares of Walmart in the second quarter valued at approximately $29,000. Finally, FSA Wealth Management LLC increased its stake in Walmart by 253.0% during the 1st quarter. FSA Wealth Management LLC now owns 526 shares of the retailer’s stock worth $32,000 after acquiring an additional 377 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Walmart stock traded down $0.11 during trading on Monday, hitting $90.33. The stock had a trading volume of 2,804,009 shares, compared to its average volume of 16,821,576. The stock’s 50 day moving average is $82.12 and its two-hundred day moving average is $73.94. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $90.95. The stock has a market cap of $726.10 billion, a price-to-earnings ratio of 37.12, a price-to-earnings-growth ratio of 4.29 and a beta of 0.51. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.56.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the company earned $0.51 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. As a group, analysts predict that Walmart Inc. will post 2.47 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on WMT shares. TD Cowen raised their price target on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Jefferies Financial Group raised their target price on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, November 15th. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Barclays lifted their target price on Walmart from $78.00 to $90.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Bank of America increased their target price on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $91.88.

Insider Activity

In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the sale, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. This trade represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares in the company, valued at $37,113,904.08. This represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock worth $958,823,647 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.