7,980 Shares in Walmart Inc. (NYSE:WMT) Acquired by Retireful LLC

Retireful LLC acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,980 shares of the retailer's stock, valued at approximately $644,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WMT. Price T Rowe Associates Inc. MD raised its holdings in shares of Walmart by 181.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer's stock worth $3,421,342,000 after acquiring an additional 36,625,314 shares during the period. Legal & General Group Plc raised its stake in Walmart by 1.8% during the 2nd quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer's stock worth $2,456,704,000 after acquiring an additional 644,353 shares in the last quarter. Jennison Associates LLC lifted its position in Walmart by 479.6% in the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock valued at $1,492,200,000 after acquiring an additional 15,290,936 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Walmart by 3.0% during the third quarter. Raymond James & Associates now owns 16,766,325 shares of the retailer's stock worth $1,353,881,000 after purchasing an additional 484,196 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Walmart by 5.4% during the second quarter. Dimensional Fund Advisors LP now owns 16,184,945 shares of the retailer's stock worth $1,095,946,000 after purchasing an additional 834,005 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on WMT shares. Barclays lifted their price target on Walmart from $66.00 to $78.00 and gave the stock an "overweight" rating in a research report on Friday, August 16th. Evercore ISI raised their price target on Walmart from $66.00 to $89.00 and gave the stock an "overweight" rating in a report on Monday. Melius Research began coverage on shares of Walmart in a research report on Monday, September 23rd. They set a "buy" rating and a $95.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on shares of Walmart from $81.00 to $83.00 and gave the company an "overweight" rating in a research report on Friday, August 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Walmart from $77.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, August 16th. One investment analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $91.51.

Walmart Stock Performance

Shares of NYSE:WMT traded up $0.58 during trading on Wednesday, reaching $87.18. 17,348,499 shares of the company's stock traded hands, compared to its average volume of 16,843,436. The stock has a market capitalization of $700.77 billion, a P/E ratio of 45.05, a price-to-earnings-growth ratio of 4.19 and a beta of 0.51. Walmart Inc. has a 12 month low of $49.85 and a 12 month high of $88.29. The company has a 50 day moving average of $81.58 and a 200-day moving average of $73.34. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The business's revenue was up 5.5% compared to the same quarter last year. On average, equities analysts expect that Walmart Inc. will post 2.44 EPS for the current year.

Insider Activity

In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the business's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the completion of the transaction, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. The trade was a 0.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $80.64, for a total transaction of $2,348,559.36. Following the completion of the sale, the chief executive officer now directly owns 3,873,053 shares of the company's stock, valued at $312,322,993.92. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,337,337 shares of company stock valued at $958,823,647. 45.58% of the stock is currently owned by company 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.