Moloney Securities Asset Management LLC Grows Position in Walmart Inc. (NYSE:WMT)

Moloney Securities Asset Management LLC grew its position in shares of Walmart Inc. (NYSE:WMTFree Report) by 161.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,747 shares of the retailer’s stock after acquiring an additional 38,769 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Walmart were worth $3,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in WMT. Flynn Zito Capital Management LLC raised its stake in shares of Walmart by 3.9% during the 4th quarter. Flynn Zito Capital Management LLC now owns 1,636 shares of the retailer’s stock worth $258,000 after purchasing an additional 61 shares during the period. ICW Investment Advisors LLC increased its holdings in Walmart by 0.4% during the fourth quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock worth $2,436,000 after buying an additional 62 shares during the last quarter. Bill Few Associates Inc. increased its holdings in Walmart by 1.1% during the fourth quarter. Bill Few Associates Inc. now owns 5,806 shares of the retailer’s stock worth $915,000 after buying an additional 64 shares during the last quarter. Rossmore Private Capital raised its position in Walmart by 0.3% in the fourth quarter. Rossmore Private Capital now owns 20,504 shares of the retailer’s stock worth $3,232,000 after acquiring an additional 65 shares during the period. Finally, Sheaff Brock Investment Advisors LLC boosted its stake in Walmart by 0.3% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 21,377 shares of the retailer’s stock valued at $3,370,000 after acquiring an additional 65 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 25,578 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $67.58, for a total transaction of $1,728,561.24. Following the transaction, the executive vice president now directly owns 390,165 shares in the company, valued at $26,367,350.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP John D. Rainey sold 25,578 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $67.58, for a total value of $1,728,561.24. Following the completion of the sale, the executive vice president now directly owns 390,165 shares in the company, valued at approximately $26,367,350.70. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP David Chojnowski sold 8,791 shares of the stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $68.00, for a total transaction of $597,788.00. Following the transaction, the senior vice president now directly owns 94,415 shares in the company, valued at approximately $6,420,220. The disclosure for this sale can be found here. Insiders sold 14,525,340 shares of company stock worth $953,023,399 in the last quarter. 45.58% of the stock is owned by insiders.

Walmart Stock Performance

Walmart stock opened at $69.68 on Tuesday. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $70.15. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.23 and a current ratio of 0.80. The stock has a market cap of $560.47 billion, a P/E ratio of 29.82, a price-to-earnings-growth ratio of 4.04 and a beta of 0.50. The firm’s fifty day moving average price is $65.12 and its 200-day moving average price is $60.14.

Walmart (NYSE:WMTGet Free Report) last released its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.08. Walmart had a return on equity of 21.57% and a net margin of 2.88%. The business had revenue of $161.50 billion for the quarter, compared to the consensus estimate of $159.57 billion. During the same quarter last year, the business posted $0.49 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities research analysts expect that Walmart Inc. will post 2.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on WMT. DA Davidson lifted their price target on shares of Walmart from $69.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Robert W. Baird boosted their target price on Walmart from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, May 17th. HSBC increased their price target on Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on Walmart from $71.00 to $77.00 and gave the company a “buy” rating in a research note on Monday, July 1st. Finally, Bank of America increased their target price on shares of Walmart from $67.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $70.47.

Read Our Latest Report on WMT

About Walmart

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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