Walmart Inc (NYSE:WMT) Stock Holdings Lifted by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC raised its stake in Walmart Inc (NYSE:WMT) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,363 shares of the retailer’s stock after buying an additional 128 shares during the period. Flagship Harbor Advisors LLC’s holdings in Walmart were worth $1,034,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Lincoln Capital LLC raised its holdings in shares of Walmart by 1.5% during the second quarter. Lincoln Capital LLC now owns 6,546 shares of the retailer’s stock worth $723,000 after acquiring an additional 94 shares during the period. Dixon Hubard Feinour & Brown Inc. VA increased its stake in Walmart by 2.1% in the 1st quarter. Dixon Hubard Feinour & Brown Inc. VA now owns 4,814 shares of the retailer’s stock valued at $470,000 after buying an additional 97 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. increased its stake in Walmart by 1.1% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 9,623 shares of the retailer’s stock valued at $939,000 after buying an additional 100 shares during the last quarter. Woodstock Corp increased its stake in Walmart by 0.3% in the 2nd quarter. Woodstock Corp now owns 36,361 shares of the retailer’s stock valued at $4,018,000 after buying an additional 100 shares during the last quarter. Finally, Integrated Investment Consultants LLC increased its stake in Walmart by 4.8% in the 2nd quarter. Integrated Investment Consultants LLC now owns 2,168 shares of the retailer’s stock valued at $240,000 after buying an additional 100 shares during the last quarter. 30.04% of the stock is currently owned by institutional investors.

In other Walmart news, insider Daniel J. Bartlett sold 3,000 shares of Walmart stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $109.14, for a total value of $327,420.00. Following the completion of the sale, the insider now owns 122,673 shares in the company, valued at approximately $13,388,531.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director S Robson Walton sold 1,322,329 shares of Walmart stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $102.04, for a total transaction of $134,930,451.16. Following the completion of the sale, the director now owns 3,347,511 shares of the company’s stock, valued at approximately $341,580,022.44. The disclosure for this sale can be found here. Insiders sold a total of 5,559,285 shares of company stock valued at $571,021,654 in the last quarter. Corporate insiders own 50.22% of the company’s stock.

Shares of WMT stock traded down $0.41 during midday trading on Wednesday, hitting $111.66. 1,330,695 shares of the company were exchanged, compared to its average volume of 3,914,974. The stock has a market cap of $322.64 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 4.94 and a beta of 0.41. The company has a quick ratio of 0.21, a current ratio of 0.77 and a debt-to-equity ratio of 0.89. The firm has a 50 day moving average price of $111.80. Walmart Inc has a 52 week low of $85.78 and a 52 week high of $115.49.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, May 16th. The retailer reported $1.13 EPS for the quarter, topping the consensus estimate of $1.02 by $0.11. The business had revenue of $122.95 billion during the quarter, compared to the consensus estimate of $124.51 billion. Walmart had a net margin of 1.62% and a return on equity of 18.66%. Walmart’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.14 EPS. As a group, equities research analysts predict that Walmart Inc will post 4.84 earnings per share for the current fiscal year.

WMT has been the topic of several recent research reports. Wolfe Research lowered shares of Walmart from a “peer perform” rating to an “underperform” rating in a research note on Wednesday, May 8th. Morgan Stanley initiated coverage on shares of in a research note on Monday, June 17th. They issued an “equal weight” rating and a GBX 215 ($2.81) price target on the stock. Bank of America set a $120.00 price target on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 17th. Daiwa Capital Markets upgraded shares of Walmart from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 21st. Finally, KeyCorp reiterated a “hold” rating on shares of Westrock in a research note on Monday, June 24th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $109.56.

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, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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