Walmart Inc (WMT) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its stake in Walmart Inc (NYSE:WMT) by 10.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,176 shares of the retailer’s stock after purchasing an additional 21,583 shares during the period. Walmart accounts for about 0.5% of Crossmark Global Holdings Inc.’s investment portfolio, making the stock its 29th biggest holding. Crossmark Global Holdings Inc.’s holdings in Walmart were worth $21,052,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. CSat Investment Advisory L.P. purchased a new position in Walmart during the 2nd quarter valued at about $111,000. Amussen Hunsaker Associates LLC purchased a new position in Walmart during the 2nd quarter valued at about $152,000. ELM Advisors LLC purchased a new position in Walmart during the 3rd quarter valued at about $152,000. Berman Capital Advisors LLC purchased a new position in Walmart during the 3rd quarter valued at about $158,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in Walmart during the 3rd quarter valued at about $162,000. 29.09% of the stock is owned by hedge funds and other institutional investors.

In other news, major shareholder Alice L. Walton sold 230,500 shares of Walmart stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $95.71, for a total value of $22,061,155.00. Following the completion of the sale, the insider now directly owns 6,748,580 shares in the company, valued at $645,906,591.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director S Robson Walton sold 644,405 shares of Walmart stock in a transaction that occurred on Wednesday, November 21st. The stock was sold at an average price of $94.11, for a total transaction of $60,644,954.55. Following the completion of the sale, the director now owns 3,347,254 shares of the company’s stock, valued at $315,010,073.94. The disclosure for this sale can be found here. Insiders sold 10,180,531 shares of company stock valued at $973,815,091 over the last quarter. Company insiders own 51.11% of the company’s stock.

A number of research analysts recently issued reports on the stock. Daiwa Capital Markets cut shares of Walmart from an “outperform” rating to a “neutral” rating and set a $101.00 price target for the company. in a research report on Tuesday, November 20th. Wells Fargo & Co reissued a “neutral” rating and set a $98.00 price target on shares of Walmart in a research report on Tuesday, November 20th. Independent Research reissued a “neutral” rating and set a $101.00 price target on shares of Walmart in a research report on Tuesday, November 20th. Raymond James reissued a “buy” rating and set a $105.00 price target on shares of Walmart in a research report on Monday, November 19th. Finally, Stephens set a $117.00 price target on shares of Walmart and gave the company a “buy” rating in a research report on Friday, November 16th. One investment analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $104.04.

NYSE:WMT opened at $95.10 on Monday. The stock has a market cap of $281.72 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 3.88 and a beta of 0.35. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.81 and a quick ratio of 0.22. Walmart Inc has a fifty-two week low of $81.78 and a fifty-two week high of $109.98.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.06. Walmart had a net margin of 1.01% and a return on equity of 18.36%. The firm had revenue of $124.89 billion during the quarter, compared to analyst estimates of $124.86 billion. Equities research analysts expect that Walmart Inc will post 4.81 earnings per share for the current year.

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Walmart Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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