TD Capital Management LLC Buys 437 Shares of Walmart Inc. (NYSE:WMT)

TD Capital Management LLC boosted its holdings in Walmart Inc. (NYSE:WMTGet Rating) by 8.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,767 shares of the retailer’s stock after buying an additional 437 shares during the period. TD Capital Management LLC’s holdings in Walmart were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Trust Co. of Virginia VA grew its stake in Walmart by 0.4% in the 1st quarter. Trust Co. of Virginia VA now owns 14,848 shares of the retailer’s stock valued at $2,211,000 after buying an additional 64 shares in the last quarter. Mayflower Financial Advisors LLC grew its stake in Walmart by 2.5% in the 1st quarter. Mayflower Financial Advisors LLC now owns 2,646 shares of the retailer’s stock valued at $394,000 after buying an additional 65 shares in the last quarter. Integral Investment Advisors Inc. grew its stake in Walmart by 1.4% in the 1st quarter. Integral Investment Advisors Inc. now owns 4,802 shares of the retailer’s stock valued at $715,000 after buying an additional 66 shares in the last quarter. One Charles Private Wealth Services LLC grew its stake in Walmart by 2.2% in the 1st quarter. One Charles Private Wealth Services LLC now owns 3,086 shares of the retailer’s stock valued at $460,000 after buying an additional 66 shares in the last quarter. Finally, Bank of New Hampshire grew its stake in Walmart by 0.4% in the 1st quarter. Bank of New Hampshire now owns 15,806 shares of the retailer’s stock valued at $2,354,000 after buying an additional 68 shares in the last quarter. 31.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 9,708 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $127.05, for a total transaction of $1,233,401.40. Following the completion of the transaction, the chief executive officer now directly owns 1,507,454 shares of the company’s stock, valued at $191,522,030.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO C Douglas Mcmillon sold 9,708 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $127.05, for a total transaction of $1,233,401.40. Following the completion of the transaction, the chief executive officer now directly owns 1,507,454 shares of the company’s stock, valued at $191,522,030.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 931,768 shares of the company’s stock in a transaction dated Wednesday, August 17th. The shares were sold at an average price of $140.03, for a total transaction of $130,475,473.04. Following the transaction, the insider now directly owns 285,607,867 shares of the company’s stock, valued at $39,993,669,616.01. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,152,124 shares of company stock valued at $297,159,579. Insiders own 47.06% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $135.22 on Wednesday. The company has a quick ratio of 0.24, a current ratio of 0.84 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $367.02 billion, a PE ratio of 26.99, a P/E/G ratio of 4.25 and a beta of 0.52. The firm has a fifty day simple moving average of $131.44 and a two-hundred day simple moving average of $136.33. Walmart Inc. has a twelve month low of $117.27 and a twelve month high of $160.77.

Walmart (NYSE:WMTGet Rating) last posted its quarterly earnings results on Tuesday, August 16th. The retailer reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.17. The business had revenue of $152.86 billion during the quarter, compared to the consensus estimate of $149.96 billion. Walmart had a net margin of 2.36% and a return on equity of 18.95%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.78 earnings per share. Research analysts expect that Walmart Inc. will post 5.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WMT shares. Morgan Stanley lifted their price objective on shares of Walmart from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 18th. DA Davidson boosted their price target on shares of Walmart from $148.00 to $163.00 and gave the company a “buy” rating in a research report on Wednesday, August 17th. Raymond James boosted their price target on shares of Walmart from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Wednesday, August 17th. Citigroup boosted their price target on shares of Walmart from $152.00 to $162.00 and gave the company a “buy” rating in a research report on Wednesday, August 17th. Finally, UBS Group boosted their price target on shares of Walmart from $152.00 to $158.00 in a research report on Wednesday, August 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.29.

Walmart Profile

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Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, 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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