Investors Asset Management of Georgia Inc. GA ADV lowered its position in shares of Walmart Inc. (NYSE:WMT) by 6.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,390 shares of the retailer’s stock after selling 225 shares during the quarter. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Walmart were worth $474,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in WMT. Public Employees Retirement Association of Colorado grew its stake in shares of Walmart by 6.1% during the first quarter. Public Employees Retirement Association of Colorado now owns 270,761 shares of the retailer’s stock worth $30,764,000 after purchasing an additional 15,522 shares during the period. State Street Corp raised its holdings in Walmart by 1.2% during the 1st quarter. State Street Corp now owns 70,902,390 shares of the retailer’s stock worth $8,094,312,000 after buying an additional 835,420 shares during the period. Loomis Sayles & Co. L P raised its holdings in shares of Walmart by 340.1% during the first quarter. Loomis Sayles & Co. L P now owns 10,166 shares of the retailer’s stock worth $1,155,000 after acquiring an additional 7,856 shares during the period. Cohen & Steers Inc. acquired a new stake in shares of Walmart in the 1st quarter valued at about $102,000. Finally, Two Sigma Advisers LP acquired a new stake in Walmart in the 1st quarter valued at approximately $10,771,000. 29.34% of the stock is owned by hedge funds and other institutional investors.

Shares of WMT stock opened at $144.71 on Friday. The company has a market capitalization of $410.07 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 4.60 and a beta of 0.28. Walmart Inc. has a 52-week low of $102.00 and a 52-week high of $151.33. The business’s fifty day moving average is $139.94 and its 200 day moving average is $129.14. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.29 and a current ratio of 0.79.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, August 18th. The retailer reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.31. Walmart had a return on equity of 19.13% and a net margin of 3.30%. The business had revenue of $137.70 billion for the quarter, compared to analyst estimates of $133.77 billion. During the same period in the prior year, the company earned $1.27 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, sell-side analysts forecast that Walmart Inc. will post 5.28 EPS for the current fiscal year.

In related news, SVP David Chojnowski sold 4,605 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $134.24, for a total value of $618,175.20. Following the completion of the transaction, the senior vice president now directly owns 30,620 shares in the company, valued at $4,110,428.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marc E. Lore sold 85,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $129.22, for a total value of $10,983,700.00. Following the completion of the transaction, the executive vice president now directly owns 1,858,073 shares in the company, valued at approximately $240,100,193.06. The disclosure for this sale can be found here. Insiders have sold 1,011,690 shares of company stock valued at $138,850,587 in the last three months. 50.43% of the stock is owned by insiders.

WMT has been the subject of a number of analyst reports. Jefferies Financial Group began coverage on shares of Walmart in a research report on Friday. They issued a “buy” rating and a $165.00 target price for the company. Morgan Stanley upped their target price on Walmart from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Telsey Advisory Group upped their price objective on Walmart from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Zacks Investment Research raised Walmart from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a report on Tuesday, September 15th. Finally, Goldman Sachs Group restated a “buy” rating and set a $144.00 price objective on shares of Walmart in a research report on Tuesday, August 18th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $141.46.

Walmart 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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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