Walmart Inc (NYSE:WMT) Shares Sold by Diversified Trust Co

Diversified Trust Co decreased its holdings in shares of Walmart Inc (NYSE:WMT) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,312 shares of the retailer’s stock after selling 1,692 shares during the period. Diversified Trust Co’s holdings in Walmart were worth $2,173,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen Asset Management LLC raised its holdings in Walmart by 4,405.6% during the second quarter. Nuveen Asset Management LLC now owns 10,353,388 shares of the retailer’s stock worth $1,143,946,000 after purchasing an additional 10,123,600 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Walmart by 184.2% during the second quarter. Renaissance Technologies LLC now owns 4,653,682 shares of the retailer’s stock worth $514,185,000 after purchasing an additional 3,015,931 shares in the last quarter. Thoroughbred Financial Services LLC raised its holdings in Walmart by 11,482.5% during the second quarter. Thoroughbred Financial Services LLC now owns 2,444,380 shares of the retailer’s stock worth $244,438,000 after purchasing an additional 2,423,276 shares in the last quarter. Amundi Pioneer Asset Management Inc. raised its holdings in Walmart by 43.2% during the second quarter. Amundi Pioneer Asset Management Inc. now owns 4,850,274 shares of the retailer’s stock worth $782,423,000 after purchasing an additional 1,463,052 shares in the last quarter. Finally, Railway Pension Investments Ltd purchased a new position in Walmart during the second quarter worth about $13,798,000. Institutional investors and hedge funds own 30.10% of the company’s stock.

In related news, insider John R. Furner sold 7,900 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $114.72, for a total transaction of $906,288.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP David Chojnowski sold 3,680 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $115.38, for a total transaction of $424,598.40. The disclosure for this sale can be found here. 50.22% of the stock is currently owned by company insiders.

Several research firms recently issued reports on WMT. JPMorgan Chase & Co. set a $115.00 price target on shares of Walmart and gave the stock a “hold” rating in a report on Friday, August 16th. Bank of America reissued a “buy” rating and set a $135.00 price target (up from $120.00) on shares of Walmart in a report on Friday, August 16th. Credit Suisse Group set a $105.00 price target on shares of Walmart and gave the stock a “hold” rating in a report on Thursday, August 15th. Buckingham Research set a $109.00 price target on shares of Walmart and gave the stock a “hold” rating in a report on Friday, August 16th. Finally, UBS Group set a $115.00 price target on shares of Walmart and gave the stock a “hold” rating in a report on Friday, August 16th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eighteen have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $116.09.

NYSE WMT traded up $0.57 during mid-day trading on Wednesday, reaching $118.15. 38,436 shares of the stock were exchanged, compared to its average volume of 6,409,988. Walmart Inc has a 1-year low of $85.78 and a 1-year high of $119.86. The business’s fifty day simple moving average is $115.77 and its 200 day simple moving average is $108.24. The stock has a market capitalization of $336.08 billion, a PE ratio of 24.07, a PEG ratio of 5.08 and a beta of 0.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.21 and a current ratio of 0.76.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, August 15th. The retailer reported $1.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.05. Walmart had a net margin of 2.48% and a return on equity of 18.23%. The firm had revenue of $130.40 billion for the quarter, compared to analyst estimates of $129.32 billion. During the same quarter last year, the business earned $1.29 earnings per share. Walmart’s revenue was up 2.6% compared to the same quarter last year. On average, analysts anticipate that Walmart Inc will post 4.91 EPS for the current year.

Walmart Company 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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