Mitsubishi UFJ Trust & Banking Corp Trims Stake in Walmart Inc (NYSE:WMT)

Mitsubishi UFJ Trust & Banking Corp cut its stake in Walmart Inc (NYSE:WMT) by 1.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,851,574 shares of the retailer’s stock after selling 25,090 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.07% of Walmart worth $221,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of WMT. Sofos Investments Inc. lifted its stake in shares of Walmart by 581.4% in the 1st quarter. Sofos Investments Inc. now owns 1,206 shares of the retailer’s stock valued at $25,000 after purchasing an additional 1,029 shares during the period. Evolution Wealth Advisors LLC grew its stake in Walmart by 640.6% in the second quarter. Evolution Wealth Advisors LLC now owns 237 shares of the retailer’s stock worth $28,000 after purchasing an additional 205 shares during the period. Marquette Asset Management LLC purchased a new position in Walmart during the second quarter valued at $34,000. Atlantic Trust LLC lifted its position in Walmart by 42.0% during the second quarter. Atlantic Trust LLC now owns 284 shares of the retailer’s stock valued at $34,000 after buying an additional 84 shares during the period. Finally, Bainco International Investors bought a new stake in shares of Walmart during the 1st quarter valued at $35,000. 29.34% of the stock is currently owned by institutional investors and hedge funds.

WMT traded down $1.10 during trading on Wednesday, hitting $136.26. The company’s stock had a trading volume of 9,279,239 shares, compared to its average volume of 9,748,970. The business’s 50 day simple moving average is $134.74 and its 200-day simple moving average is $125.14. The firm has a market cap of $389.24 billion, a PE ratio of 21.73, a P/E/G ratio of 4.60 and a beta of 0.28. Walmart Inc has a one year low of $102.00 and a one year high of $151.33. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 0.56.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, August 18th. The retailer reported $1.56 EPS for the quarter, topping the consensus estimate of $1.25 by $0.31. The firm had revenue of $137.70 billion during the quarter, compared to analyst estimates of $133.77 billion. Walmart had a return on equity of 19.13% and a net margin of 3.30%. Walmart’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.27 EPS. Equities research analysts expect that Walmart Inc will post 5.28 EPS for the current fiscal year.

A number of brokerages recently issued reports on WMT. Oppenheimer reissued a “buy” rating and set a $145.00 price target on shares of Walmart in a research report on Tuesday, July 14th. CSFB lifted their target price on shares of Walmart from $127.00 to $135.00 and gave the company an “outperform” rating in a report on Wednesday, May 20th. MKM Partners assumed coverage on Walmart in a research report on Wednesday, July 29th. They issued a “neutral” rating and a $147.00 price target on the stock. DA Davidson started coverage on Walmart in a research report on Friday, August 14th. They set a “buy” rating and a $148.00 price objective for the company. Finally, Telsey Advisory Group lifted their price objective on Walmart from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Wednesday, August 19th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $139.58.

In other news, EVP Marc E. Lore sold 85,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $123.34, for a total transaction of $10,483,900.00. Following the sale, the executive vice president now directly owns 2,019,141 shares in the company, valued at approximately $249,040,850.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP David Chojnowski sold 4,605 shares of Walmart stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $134.24, for a total transaction of $618,175.20. Following the transaction, the senior vice president now owns 30,620 shares in the company, valued at approximately $4,110,428.80. The disclosure for this sale can be found here. Insiders sold 259,605 shares of company stock worth $33,861,675 in the last ninety days. Corporate insiders own 50.43% of the company’s stock.

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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