Poehling Capital Management INC. Has $324,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Poehling Capital Management INC. raised its position in Walmart Inc. (NYSE:WMT) by 208.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 5,383 shares of the retailer’s stock after acquiring an additional 3,638 shares during the period. Poehling Capital Management INC.’s holdings in Walmart were worth $324,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of WMT. Bank of New York Mellon Corp raised its stake in shares of Walmart by 183.0% during the 1st quarter. Bank of New York Mellon Corp now owns 29,172,985 shares of the retailer’s stock worth $1,755,339,000 after purchasing an additional 18,865,484 shares in the last quarter. Norges Bank acquired a new stake in shares of Walmart during the 4th quarter worth $3,674,652,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Walmart by 11.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,235,920 shares of the retailer’s stock worth $3,190,194,000 after purchasing an additional 2,150,351 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Walmart by 212.6% during the 1st quarter. Raymond James & Associates now owns 14,035,473 shares of the retailer’s stock worth $844,514,000 after purchasing an additional 9,544,958 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Walmart by 187.4% during the 1st quarter. Swiss National Bank now owns 13,303,200 shares of the retailer’s stock worth $800,454,000 after purchasing an additional 8,674,100 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 2,398 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $69.50, for a total transaction of $166,661.00. Following the completion of the transaction, the executive vice president now directly owns 463,871 shares in the company, valued at $32,239,034.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, EVP Daniel J. Bartlett sold 2,398 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $69.50, for a total transaction of $166,661.00. Following the completion of the transaction, the executive vice president now directly owns 463,871 shares in the company, valued at $32,239,034.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $59.08, for a total value of $177,240.00. Following the completion of the transaction, the executive vice president now owns 521,613 shares of the company’s stock, valued at $30,816,896.04. The disclosure for this sale can be found here. Insiders sold a total of 14,527,738 shares of company stock worth $953,190,060 over the last ninety days. 45.58% of the stock is owned by corporate insiders.

Walmart Stock Down 0.1 %

Shares of NYSE:WMT traded down $0.07 during mid-day trading on Friday, hitting $70.75. 11,665,526 shares of the company traded hands, compared to its average volume of 12,789,591. The stock has a market cap of $569.08 billion, a P/E ratio of 30.28, a P/E/G ratio of 4.08 and a beta of 0.50. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $71.33. The stock has a 50-day moving average price of $66.96 and a two-hundred day moving average price of $61.20.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 earnings per share (EPS) 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 company had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. During the same period in the previous year, the company posted $0.49 EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities research analysts forecast that Walmart Inc. will post 2.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Raymond James increased their target price on Walmart from $63.00 to $70.00 and gave the stock an “outperform” rating in a report on Friday, May 17th. Oppenheimer raised their price objective on Walmart from $69.00 to $75.00 and gave the company an “outperform” rating in a research note on Thursday, June 6th. Morgan Stanley raised their price objective on Walmart from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, May 17th. JPMorgan Chase & Co. raised Walmart from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $66.00 to $81.00 in a research note on Monday, June 10th. Finally, Barclays increased their target price on Walmart from $60.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, May 20th. Three investment analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $71.09.

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.