IFM Investors Pty Ltd Purchases 19,139 Shares of Walmart Inc. (NYSE:WMT)

IFM Investors Pty Ltd grew its position in shares of Walmart Inc. (NYSE:WMT) by 16.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 136,469 shares of the retailer’s stock after acquiring an additional 19,139 shares during the quarter. IFM Investors Pty Ltd’s holdings in Walmart were worth $19,672,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of Walmart by 26.0% during the 3rd quarter. Morgan Stanley now owns 12,908,458 shares of the retailer’s stock valued at $1,806,021,000 after acquiring an additional 2,662,599 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Walmart by 2.6% during the 3rd quarter. Fisher Asset Management LLC now owns 11,332,253 shares of the retailer’s stock valued at $1,585,496,000 after acquiring an additional 289,096 shares during the last quarter. Nuveen Asset Management LLC boosted its position in shares of Walmart by 18.1% during the 3rd quarter. Nuveen Asset Management LLC now owns 10,516,157 shares of the retailer’s stock valued at $1,471,316,000 after acquiring an additional 1,613,467 shares during the last quarter. California Public Employees Retirement System boosted its position in shares of Walmart by 1.6% during the 3rd quarter. California Public Employees Retirement System now owns 6,486,066 shares of the retailer’s stock valued at $907,465,000 after acquiring an additional 101,801 shares during the last quarter. Finally, UBS Asset Management Americas Inc. boosted its position in shares of Walmart by 13.6% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 6,326,495 shares of the retailer’s stock valued at $885,140,000 after acquiring an additional 758,348 shares during the last quarter. Hedge funds and other institutional investors own 29.34% of the company’s stock.

WMT opened at $147.45 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.79 and a quick ratio of 0.29. The business has a 50 day simple moving average of $147.03 and a 200-day simple moving average of $139.61. The stock has a market capitalization of $417.18 billion, a P/E ratio of 23.52, a P/E/G ratio of 4.86 and a beta of 0.27. Walmart Inc. has a 12 month low of $102.00 and a 12 month high of $153.66.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Monday, November 16th. The retailer reported $1.34 EPS for the quarter, beating the consensus estimate of $1.18 by $0.16. The business had revenue of $134.71 billion during the quarter, compared to analysts’ expectations of $133 billion. Walmart had a return on equity of 19.13% and a net margin of 3.30%. During the same period last year, the firm earned $1.16 EPS. Research analysts anticipate that Walmart Inc. will post 5.35 EPS for the current year.

A number of analysts recently issued reports on the company. Robert W. Baird raised their price target on Walmart from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 17th. BMO Capital Markets raised their price target on Walmart from $160.00 to $175.00 in a research report on Wednesday, November 18th. Jefferies Financial Group raised their price target on Walmart from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, November 12th. KeyCorp raised their price target on Walmart from $155.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 18th. Finally, Barclays raised their price target on Walmart from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Wednesday, November 18th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and twenty-eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $150.82.

In other Walmart news, EVP Judith J. Mckenna sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 18th. The stock was sold at an average price of $150.49, for a total transaction of $1,504,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director S Robson Walton sold 450,000 shares of the firm’s stock in a transaction on Friday, November 20th. The stock was sold at an average price of $150.95, for a total value of $67,927,500.00. Following the transaction, the director now directly owns 3,280,991 shares of the company’s stock, valued at approximately $495,265,591.45. The disclosure for this sale can be found here. Insiders sold a total of 9,390,000 shares of company stock valued at $1,376,288,395 over the last three months. Insiders own 50.43% of the company’s stock.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates in 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; ecommerce websites, such as walmart.com, walmart.com.mx, asda.com, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Recommended Story: Buyback For Investors Defined

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.