Walmart Inc. (NYSE:WMT) Shares Sold by Vickerman Investment Advisors Inc.

Vickerman Investment Advisors Inc. reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 22.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,845 shares of the retailer’s stock after selling 13,233 shares during the period. Walmart makes up approximately 1.1% of Vickerman Investment Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Vickerman Investment Advisors Inc.’s holdings in Walmart were worth $3,621,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. WFA Asset Management Corp raised its holdings in shares of Walmart by 201.0% during the first quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer’s stock worth $126,000 after purchasing an additional 1,397 shares during the last quarter. Dupont Capital Management Corp increased its holdings in Walmart by 165.4% in the first quarter. Dupont Capital Management Corp now owns 270,147 shares of the retailer’s stock valued at $16,255,000 after buying an additional 168,346 shares in the last quarter. BNP Paribas purchased a new position in Walmart in the first quarter valued at $26,063,000. Montgomery Investment Management Inc. increased its holdings in Walmart by 279.9% in the first quarter. Montgomery Investment Management Inc. now owns 11,413 shares of the retailer’s stock valued at $687,000 after buying an additional 8,409 shares in the last quarter. Finally, St. Louis Trust Co increased its holdings in Walmart by 268.2% in the first quarter. St. Louis Trust Co now owns 18,411 shares of the retailer’s stock valued at $1,108,000 after buying an additional 13,411 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WMT. Redburn Atlantic raised shares of Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. Melius Research assumed coverage on shares of Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target on the stock. Royal Bank of Canada boosted their price target on shares of Walmart from $74.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. boosted their price target on shares of Walmart from $81.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Finally, StockNews.com upgraded shares of Walmart from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 16th. One research analyst has rated the stock with a hold rating, twenty-nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart has a consensus rating of “Buy” and a consensus target price of $83.89.

Walmart Price Performance

Shares of WMT opened at $83.44 on Thursday. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $85.54. The firm’s 50 day moving average price is $80.22 and its 200 day moving average price is $71.67. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. The company has a market cap of $670.71 billion, a P/E ratio of 43.46, a PEG ratio of 4.13 and a beta of 0.51.

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

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the transaction, the executive vice president now owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,337,337 shares of company stock valued at $958,823,647. Insiders own 45.58% of the company’s stock.

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.