Sivia Capital Partners LLC Has $816,000 Holdings in Walmart Inc. (NYSE:WMT)

Sivia Capital Partners LLC cut its stake in Walmart Inc. (NYSE:WMT) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,056 shares of the retailer’s stock after selling 589 shares during the period. Walmart makes up approximately 0.5% of Sivia Capital Partners LLC’s holdings, making the stock its 27th biggest position. Sivia Capital Partners LLC’s holdings in Walmart were worth $816,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Walmart by 199.4% during the first quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock worth $24,774,717,000 after buying an additional 274,229,968 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Walmart by 181.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock worth $3,421,342,000 after acquiring an additional 36,625,314 shares during the period. Bank of New York Mellon Corp grew its holdings 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 bought a new stake in shares of Walmart during the fourth quarter valued at approximately $3,674,652,000. Finally, Raymond James & Associates raised its stake in shares of Walmart by 16.0% in the second quarter. Raymond James & Associates now owns 16,282,129 shares of the retailer’s stock valued at $1,102,463,000 after purchasing an additional 2,246,656 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 0.4 %

NYSE WMT opened at $76.68 on Friday. The stock has a market capitalization of $616.37 billion, a P/E ratio of 32.82, a price-to-earnings-growth ratio of 3.87 and a beta of 0.51. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $77.81. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. The stock has a fifty day moving average of $71.45 and a 200-day moving average of $65.38.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The firm had revenue of $169.30 billion during the quarter, compared to analyst estimates of $168.56 billion. During the same period last year, the company earned $0.61 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that Walmart Inc. will post 2.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WMT shares. Guggenheim lifted their price target on shares of Walmart from $75.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Morgan Stanley lifted their target price on shares of Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Barclays increased their price target on shares of Walmart from $66.00 to $78.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Royal Bank of Canada lifted their price objective on Walmart from $74.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 16th. Finally, Stifel Nicolaus increased their target price on Walmart from $71.00 to $73.00 and gave the stock a “hold” rating in a report on Tuesday, August 13th. Two analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $78.99.

Insider Transactions at Walmart

In other Walmart news, major shareholder Alice L. Walton sold 40,974 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $66.79, for a total value of $2,736,653.46. Following the transaction, the insider now directly owns 635,512,658 shares of the company’s stock, valued at $42,445,890,427.82. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, major shareholder Alice L. Walton sold 40,974 shares of the stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $66.79, for a total value of $2,736,653.46. Following the transaction, the insider now owns 635,512,658 shares of the company’s stock, valued at approximately $42,445,890,427.82. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Alice L. Walton sold 3,633,800 shares of Walmart stock in a transaction on Monday, June 10th. The stock was sold at an average price of $66.80, for a total value of $242,737,840.00. Following the sale, the insider now directly owns 636,898,811 shares of the company’s stock, valued at $42,544,840,574.80. The disclosure for this sale can be found here. Insiders sold a total of 10,144,237 shares of company stock worth $730,497,016 in the last quarter. 45.58% of the stock is owned by company insiders.

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.