Gilbert & Cook Inc. Boosts Stake in Walmart Inc (NYSE:WMT)

Gilbert & Cook Inc. raised its position in Walmart Inc (NYSE:WMT) by 2.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,741 shares of the retailer’s stock after purchasing an additional 198 shares during the quarter. Gilbert & Cook Inc.’s holdings in Walmart were worth $919,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WMT. Nuveen Asset Management LLC raised its position in Walmart by 4,405.6% in the 2nd quarter. Nuveen Asset Management LLC now owns 10,353,388 shares of the retailer’s stock worth $1,143,946,000 after purchasing an additional 10,123,600 shares during the period. Renaissance Technologies LLC raised its position in Walmart by 184.2% in the 2nd quarter. Renaissance Technologies LLC now owns 4,653,682 shares of the retailer’s stock worth $514,185,000 after purchasing an additional 3,015,931 shares during the period. Thoroughbred Financial Services LLC raised its position in Walmart by 11,482.5% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 2,444,380 shares of the retailer’s stock worth $244,438,000 after purchasing an additional 2,423,276 shares during the period. Amundi Pioneer Asset Management Inc. raised its position in Walmart by 43.2% in the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 4,850,274 shares of the retailer’s stock worth $782,423,000 after purchasing an additional 1,463,052 shares during the period. Finally, Railway Pension Investments Ltd purchased a new stake in Walmart in the 2nd quarter worth about $13,798,000. 30.15% of the stock is currently owned by institutional investors.

WMT has been the topic of a number of research analyst reports. Guggenheim restated a “buy” rating and issued a $125.00 target price on shares of Walmart in a research note on Thursday, August 15th. Robert W. Baird upped their target price on shares of Walmart from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Goldman Sachs Group set a $123.00 target price on shares of Walmart and gave the stock a “buy” rating in a research note on Thursday, August 15th. Buckingham Research set a $109.00 target price on shares of Walmart and gave the stock a “hold” rating in a research note on Friday, August 16th. Finally, Morgan Stanley upped their target price on shares of Walmart from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eighteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $118.41.

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In other Walmart news, SVP David Chojnowski sold 3,680 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $115.38, for a total value of $424,598.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John R. Furner sold 7,900 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $114.72, for a total transaction of $906,288.00. The disclosure for this sale can be found here. 51.11% of the stock is owned by company insiders.

Shares of NYSE WMT traded down $0.79 during midday trading on Friday, reaching $119.44. 3,761,572 shares of the company’s stock traded hands, compared to its average volume of 6,160,737. The company has a quick ratio of 0.21, a current ratio of 0.76 and a debt-to-equity ratio of 0.83. The stock’s 50 day simple moving average is $118.56 and its 200-day simple moving average is $111.26. Walmart Inc has a one year low of $85.78 and a one year high of $120.92. The company has a market cap of $338.07 billion, a price-to-earnings ratio of 24.33, a P/E/G ratio of 5.11 and a beta of 0.39.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, August 15th. The retailer reported $1.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.05. Walmart had a net margin of 2.48% and a return on equity of 18.23%. The firm had revenue of $130.40 billion for the quarter, compared to the consensus estimate of $129.32 billion. During the same period last year, the firm earned $1.29 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Equities analysts predict that Walmart Inc will post 4.92 EPS for the current fiscal year.

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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