Walmart Inc. (NYSE:WMT) Stock Position Raised by One Capital Management LLC

One Capital Management LLC lifted its position in Walmart Inc. (NYSE:WMT) by 5.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 183,083 shares of the retailer’s stock after buying an additional 8,978 shares during the quarter. One Capital Management LLC’s holdings in Walmart were worth $12,397,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Aveo Capital Partners LLC increased its holdings in shares of Walmart by 4.8% during the 4th quarter. Aveo Capital Partners LLC now owns 4,330 shares of the retailer’s stock valued at $683,000 after acquiring an additional 197 shares during the last quarter. 9258 Wealth Management LLC lifted its position in Walmart by 1.8% during the 4th quarter. 9258 Wealth Management LLC now owns 12,972 shares of the retailer’s stock worth $2,045,000 after acquiring an additional 235 shares during the last quarter. Gryphon Financial Partners LLC boosted its holdings in Walmart by 58.3% during the fourth quarter. Gryphon Financial Partners LLC now owns 6,631 shares of the retailer’s stock valued at $1,033,000 after acquiring an additional 2,443 shares during the period. Great Lakes Advisors LLC grew its position in shares of Walmart by 3.9% in the fourth quarter. Great Lakes Advisors LLC now owns 35,197 shares of the retailer’s stock valued at $5,549,000 after purchasing an additional 1,334 shares during the last quarter. Finally, Motco increased its stake in shares of Walmart by 1.3% in the fourth quarter. Motco now owns 58,301 shares of the retailer’s stock worth $9,191,000 after purchasing an additional 726 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

WMT opened at $80.60 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. The stock has a market capitalization of $647.88 billion, a P/E ratio of 34.49, a price-to-earnings-growth ratio of 3.99 and a beta of 0.51. The company’s 50 day simple moving average is $72.51 and its 200-day simple moving average is $66.18. Walmart Inc. has a one year low of $49.85 and a one year high of $80.68.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The company had revenue of $169.30 billion for the quarter, compared to the consensus estimate of $168.56 billion. During the same period in the prior year, the company posted $0.61 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. Sell-side analysts anticipate that Walmart Inc. will post 2.44 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, major shareholder Jim C. Walton sold 934,000 shares of the company’s 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 of the company’s stock, valued at approximately $48,537,610,048.28. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $68.39, for a total value of $1,991,790.36. Following the sale, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at approximately $270,851,892.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Jim C. Walton sold 934,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $79.46, for a total transaction of $74,215,640.00. Following the transaction, the insider now directly owns 610,843,318 shares of the company’s stock, valued at $48,537,610,048.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,203,360 shares of company stock valued at $788,678,803. 45.58% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on WMT shares. BMO Capital Markets reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Walmart in a report on Friday, August 16th. Royal Bank of Canada boosted their price objective on Walmart from $74.00 to $80.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their target price on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Stifel Nicolaus boosted their price target on shares of Walmart from $71.00 to $73.00 and gave the company a “hold” rating in a report on Tuesday, August 13th. Finally, HSBC raised their price objective on shares of Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Two analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $78.99.

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.