Janus Henderson Group PLC Has $51.77 Million Position in Walmart Inc. (NYSE:WMT)

Janus Henderson Group PLC lowered its position in Walmart Inc. (NYSE:WMT) by 0.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 641,111 shares of the retailer’s stock after selling 153 shares during the period. Janus Henderson Group PLC’s holdings in Walmart were worth $51,772,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. OLD National Bancorp IN increased its holdings in Walmart by 2.0% in the second quarter. OLD National Bancorp IN now owns 94,853 shares of the retailer’s stock worth $6,422,000 after buying an additional 1,871 shares during the last quarter. Baldwin Brothers LLC MA grew its holdings in Walmart by 26.6% during the second quarter. Baldwin Brothers LLC MA now owns 2,074 shares of the retailer’s stock valued at $140,000 after purchasing an additional 436 shares during the last quarter. Lion Street Advisors LLC grew its holdings in Walmart by 180.6% during the second quarter. Lion Street Advisors LLC now owns 4,739 shares of the retailer’s stock valued at $321,000 after purchasing an additional 3,050 shares during the last quarter. Gilman Hill Asset Management LLC acquired a new position in Walmart during the second quarter valued at approximately $270,000. Finally, First National Corp MA ADV acquired a new position in Walmart during the second quarter valued at approximately $220,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.9 %

Shares of NYSE WMT opened at $95.32 on Friday. Walmart Inc. has a 52-week low of $49.85 and a 52-week high of $95.60. The stock has a market cap of $766.21 billion, a PE ratio of 39.12, a PEG ratio of 4.48 and a beta of 0.54. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.23 and a current ratio of 0.85. The business has a fifty day moving average of $84.42 and a two-hundred day moving average of $75.71.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period last year, the company posted $0.51 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on WMT. Jefferies Financial Group increased their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Friday, November 15th. Truist Financial increased their price target on Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Bank of America raised their price objective on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a research note on Thursday, November 21st. Finally, Wells Fargo & Company raised their price objective on shares of Walmart from $90.00 to $96.00 and gave the stock an “overweight” rating in a research note 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. According to MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $92.11.

Insider Activity

In related news, major shareholder Jim C. Walton sold 934,000 shares of Walmart stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $79.46, for a total value of $74,215,640.00. Following the completion of the sale, the insider now directly owns 610,843,318 shares in the company, valued at $48,537,610,048.28. This trade represents a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder S Robson Walton sold 4,057,369 shares of Walmart stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now owns 611,988,318 shares of the company’s stock, valued at approximately $47,245,498,149.60. The trade was a 0.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,300,460 shares of company stock worth $570,820,065. 45.58% of the stock is owned by corporate insiders.

Walmart Company 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.