Unigestion Holding SA acquired a new position in Walmart Inc (NYSE:WMT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 443,143 shares of the retailer’s stock, valued at approximately $37,955,000.
Several other institutional investors also recently bought and sold shares of WMT. BlackRock Inc. lifted its stake in Walmart by 1.7% in the 1st quarter. BlackRock Inc. now owns 89,019,109 shares of the retailer’s stock valued at $7,920,031,000 after acquiring an additional 1,467,055 shares in the last quarter. Geode Capital Management LLC lifted its stake in Walmart by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 15,815,063 shares of the retailer’s stock valued at $1,558,526,000 after acquiring an additional 440,989 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Walmart by 13.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 10,140,004 shares of the retailer’s stock valued at $902,157,000 after acquiring an additional 1,237,172 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Walmart by 4.5% in the 2nd quarter. Fisher Asset Management LLC now owns 9,608,373 shares of the retailer’s stock valued at $822,957,000 after acquiring an additional 417,204 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in Walmart in the 2nd quarter valued at approximately $624,899,000. Institutional investors own 29.69% of the company’s stock.
In other news, insider David Chojnowski sold 5,442 shares of the stock in a transaction dated Thursday, June 7th. The stock was sold at an average price of $85.30, for a total value of $464,202.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Alice L. Walton sold 510,893 shares of the stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $83.15, for a total value of $42,480,752.95. Following the completion of the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $561,144,427. The disclosure for this sale can be found here. Insiders sold 8,792,256 shares of company stock valued at $740,486,626 over the last quarter. Corporate insiders own 51.11% of the company’s stock.
Shares of WMT stock traded up $1.17 on Friday, hitting $90.18. 8,240,334 shares of the company’s stock were exchanged, compared to its average volume of 5,251,910. The company has a quick ratio of 0.20, a current ratio of 0.73 and a debt-to-equity ratio of 0.46. The company has a market cap of $263.68 billion, a P/E ratio of 19.56, a P/E/G ratio of 3.27 and a beta of 0.52. Walmart Inc has a 12 month low of $77.50 and a 12 month high of $109.98.
Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 17th. The retailer reported $1.14 EPS for the quarter, beating the consensus estimate of $1.12 by $0.02. The firm had revenue of $122.69 billion during the quarter, compared to the consensus estimate of $119.29 billion. Walmart had a return on equity of 17.16% and a net margin of 1.77%. The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the company earned $1.00 earnings per share. equities research analysts anticipate that Walmart Inc will post 4.81 earnings per share for the current fiscal year.
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, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.
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