Kapitalo Investimentos Ltda Takes Position in Walmart Inc. (NYSE:WMT)

Kapitalo Investimentos Ltda acquired a new stake in shares of Walmart Inc. (NYSE:WMT) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,733 shares of the retailer’s stock, valued at approximately $746,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Partnership Wealth Management LLC purchased a new position in Walmart in the 4th quarter worth $30,000. Able Wealth Management LLC purchased a new position in Walmart in the 4th quarter worth $30,000. Vermillion & White Wealth Management Group LLC purchased a new position in Walmart in the 4th quarter worth $32,000. Signature Resources Capital Management LLC purchased a new position in Walmart in the 4th quarter worth $35,000. Finally, Tidemark LLC purchased a new position in shares of Walmart in the fourth quarter valued at about $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder S Robson Walton sold 1,244,347 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $66.63, for a total value of $82,910,840.61. Following the transaction, the insider now owns 633,518,311 shares of the company’s stock, valued at approximately $42,211,325,061.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Walmart news, major shareholder S Robson Walton sold 1,244,347 shares of the firm’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $66.63, for a total transaction of $82,910,840.61. Following the transaction, the insider now owns 633,518,311 shares of the company’s stock, valued at approximately $42,211,325,061.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $59.08, for a total transaction of $177,240.00. Following the transaction, the executive vice president now directly owns 521,613 shares in the company, valued at approximately $30,816,896.04. The disclosure for this sale can be found here. Insiders have sold 14,493,971 shares of company stock valued at $950,549,592 in the last 90 days. Company insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of Walmart from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, May 17th. Robert W. Baird lifted their target price on shares of Walmart from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, May 17th. Citigroup lifted their target price on shares of Walmart from $63.33 to $75.00 and gave the company a “buy” rating in a research note on Friday, May 17th. BMO Capital Markets lifted their target price on shares of Walmart from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Friday, May 17th. Finally, HSBC boosted their price objective on shares of Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Three research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.94.

Walmart Trading Up 0.2 %

Shares of WMT traded up $0.14 during midday trading on Tuesday, hitting $67.56. The stock had a trading volume of 2,282,208 shares, compared to its average volume of 18,063,250. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $67.86. The firm has a market cap of $543.42 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 3.87 and a beta of 0.51. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.80 and a quick ratio of 0.23. The stock’s 50 day moving average is $62.62 and its 200 day moving average is $58.34.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, topping the consensus estimate of $0.52 by $0.08. The company had revenue of $161.50 billion for the quarter, compared to the consensus estimate of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. As a group, analysts forecast that Walmart Inc. will post 2.42 EPS for the current fiscal year.

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.