Caisse DE Depot ET Placement DU Quebec Has $470.01 Million Stock Position in Walmart Inc. (NYSE:WMT)

Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 53.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,820,606 shares of the retailer's stock after purchasing an additional 2,018,271 shares during the period. Walmart makes up 0.9% of Caisse DE Depot ET Placement DU Quebec's investment portfolio, making the stock its 20th largest holding. Caisse DE Depot ET Placement DU Quebec owned about 0.07% of Walmart worth $470,014,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of WMT. Peterson Financial Group Inc. purchased a new position in Walmart during the 3rd quarter worth $26,000. Voisard Asset Management Group Inc. raised its holdings in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock worth $32,000 after purchasing an additional 174 shares in the last quarter. Hoese & Co LLP acquired a new stake in Walmart in the third quarter valued at about $33,000. TruNorth Capital Management LLC boosted its holdings in Walmart by 138.3% in the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer's stock valued at $29,000 after purchasing an additional 249 shares in the last quarter. Finally, Cultivar Capital Inc. purchased a new position in shares of Walmart during the 2nd quarter worth approximately $29,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

WMT traded up $0.62 on Friday, hitting $92.50. 11,041,178 shares of the company's stock were exchanged, compared to its average volume of 16,469,282. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $92.64. The stock has a fifty day moving average of $83.35 and a two-hundred day moving average of $74.93. The firm has a market cap of $743.54 billion, a PE ratio of 37.96, a P/E/G ratio of 4.36 and a beta of 0.51. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.56.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to analysts' expectations of $167.69 billion. During the same quarter last year, the company earned $0.51 earnings per share. The firm's revenue was up 5.5% on a year-over-year basis. On average, research analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Telsey Advisory Group upped their price objective on Walmart from $92.00 to $100.00 and gave the stock an "outperform" rating in a report on Tuesday, November 19th. Oppenheimer raised their price target on Walmart from $81.00 to $90.00 and gave the company an "outperform" rating in a research report on Monday, October 14th. Melius Research assumed coverage on Walmart in a research note on Monday, September 23rd. They issued a "buy" rating and a $95.00 target price on the stock. Wells Fargo & Company upped their target price on shares of Walmart from $90.00 to $96.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Finally, Evercore ISI raised their price objective on Walmart from $66.00 to $89.00 and gave the stock an "overweight" rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $91.88.

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 2,063 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $80.76, for a total transaction of $166,607.88. Following the sale, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP David Chojnowski sold 5,600 shares of Walmart stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the transaction, the senior vice president now directly owns 87,404 shares of the company's stock, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,385,186 shares of company stock valued at $963,206,365. 45.58% of the stock is owned by insiders.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.