Little House Capital LLC Takes $3.27 Million Position in Walmart Inc (NYSE:WMT)

Little House Capital LLC purchased a new position in shares of Walmart Inc (NYSE:WMT) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,511 shares of the retailer’s stock, valued at approximately $3,265,000. Walmart comprises 2.5% of Little House Capital LLC’s portfolio, making the stock its 9th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Aldebaran Financial Inc. raised its stake in Walmart by 1.1% during the third quarter. Aldebaran Financial Inc. now owns 7,659 shares of the retailer’s stock worth $903,000 after purchasing an additional 86 shares during the period. Duncker Streett & Co. Inc. raised its stake in Walmart by 0.5% during the third quarter. Duncker Streett & Co. Inc. now owns 16,943 shares of the retailer’s stock worth $2,011,000 after purchasing an additional 91 shares during the period. Lincoln Capital LLC raised its stake in 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 purchasing an additional 94 shares during the period. First National Bank of Hutchinson raised its stake in shares of Walmart by 1.5% in the 2nd quarter. First National Bank of Hutchinson now owns 6,598 shares of the retailer’s stock valued at $740,000 after acquiring an additional 96 shares during the period. Finally, Savant Capital LLC raised its stake in shares of Walmart by 0.6% in the 2nd quarter. Savant Capital LLC now owns 17,409 shares of the retailer’s stock valued at $1,924,000 after acquiring an additional 97 shares during the period. Hedge funds and other institutional investors own 30.15% of the company’s stock.

In other news, insider John R. Furner sold 7,900 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $114.72, for a total value of $906,288.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Chojnowski sold 3,680 shares of the company’s stock in a transaction on Wednesday, September 4th. The shares were 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. Corporate insiders own 51.11% of the company’s stock.

A number of brokerages recently weighed in on WMT. Raymond James lifted their price objective on shares of Walmart from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, August 16th. Citigroup restated a “buy” rating and issued a $135.00 price objective (up previously from $129.00) on shares of Walmart in a report on Wednesday, September 18th. Robert W. Baird lifted their price objective on shares of Walmart from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, September 23rd. Loop Capital lifted their price objective on shares of Walmart to $115.00 and gave the company a “hold” rating in a report on Tuesday, July 23rd. Finally, Buckingham Research set a $109.00 price objective on shares of Walmart and gave the company a “hold” rating in a report on Friday, August 16th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $118.41.

NYSE WMT traded down $0.40 on Monday, hitting $119.04. 4,368,317 shares of the stock were exchanged, compared to its average volume of 6,160,737. The company has a quick ratio of 0.21, a current ratio of 0.76 and a debt-to-equity ratio of 0.83. Walmart Inc has a fifty-two week low of $85.78 and a fifty-two week high of $120.92. The company has a market cap of $338.07 billion, a PE ratio of 24.24, a PEG ratio of 5.11 and a beta of 0.39. The company has a 50-day moving average price of $118.56 and a 200-day moving average price of $111.26.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 15th. The retailer reported $1.27 earnings per share (EPS) for the quarter, beating the 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 business had revenue of $130.40 billion during the quarter, compared to analysts’ expectations of $129.32 billion. During the same quarter in the prior year, the business posted $1.29 EPS. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. As a group, equities research analysts predict that Walmart Inc will post 4.92 EPS for the current fiscal year.

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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