Walmart Inc (NYSE:WMT) Shares Purchased by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC increased its holdings in shares of Walmart Inc (NYSE:WMT) by 2.9% during the 2nd quarter, Holdings Channel.com reports. The fund owned 9,346 shares of the retailer’s stock after buying an additional 265 shares during the period. St. Johns Investment Management Company LLC’s holdings in Walmart were worth $1,033,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Centric Wealth Management increased its stake in shares of Walmart by 6.6% in the second quarter. Centric Wealth Management now owns 5,224 shares of the retailer’s stock valued at $577,000 after purchasing an additional 322 shares during the period. Carroll Financial Associates Inc. increased its stake in shares of Walmart by 35.0% in the second quarter. Carroll Financial Associates Inc. now owns 14,406 shares of the retailer’s stock valued at $1,591,000 after purchasing an additional 3,733 shares during the period. Archford Capital Strategies LLC increased its stake in shares of Walmart by 7.4% in the fourth quarter. Archford Capital Strategies LLC now owns 43,008 shares of the retailer’s stock valued at $4,006,000 after purchasing an additional 2,954 shares during the period. CWM LLC increased its stake in shares of Walmart by 100.9% in the first quarter. CWM LLC now owns 99,577 shares of the retailer’s stock valued at $9,712,000 after purchasing an additional 50,003 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of Walmart by 6.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 445,340 shares of the retailer’s stock valued at $41,483,000 after purchasing an additional 27,729 shares during the period. Hedge funds and other institutional investors own 30.04% of the company’s stock.

In related news, insider Daniel J. Bartlett sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $109.14, for a total value of $327,420.00. Following the completion of the transaction, the insider now owns 122,673 shares of the company’s stock, valued at approximately $13,388,531.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Jim C. Walton sold 1,626,851 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $101.08, for a total transaction of $164,442,099.08. Following the completion of the transaction, the insider now directly owns 17,502,080 shares of the company’s stock, valued at approximately $1,769,110,246.40. The disclosure for this sale can be found here. Insiders sold a total of 5,559,285 shares of company stock valued at $571,021,654 in the last ninety days. Company insiders own 51.11% of the company’s stock.

NYSE:WMT traded up $0.02 during trading hours on Friday, reaching $109.40. 5,656,705 shares of the company’s stock were exchanged, compared to its average volume of 3,925,298. The stock has a market cap of $315.10 billion, a P/E ratio of 22.28, a P/E/G ratio of 4.82 and a beta of 0.41. Walmart Inc has a 12 month low of $85.78 and a 12 month high of $115.49. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.77 and a quick ratio of 0.21. The stock has a 50-day moving average price of $111.91.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, May 16th. The retailer reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.11. Walmart had a net margin of 1.62% and a return on equity of 18.66%. The firm had revenue of $122.95 billion during the quarter, compared to analyst estimates of $124.51 billion. During the same quarter last year, the business posted $1.14 EPS. The company’s revenue was up 1.1% on a year-over-year basis. On average, sell-side analysts forecast that Walmart Inc will post 4.84 EPS for the current year.

WMT has been the subject of several recent analyst reports. Daiwa Capital Markets upgraded shares of Walmart from a “neutral” rating to an “outperform” rating in a report on Tuesday, May 21st. KeyCorp increased their price objective on shares of Walmart from $120.00 to $125.00 and gave the company an “overweight” rating in a report on Monday, June 24th. UBS Group increased their price objective on shares of Walmart from $105.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Wolfe Research cut shares of Walmart from a “peer perform” rating to an “underperform” rating in a report on Wednesday, May 8th. Finally, Jefferies Financial Group increased their price objective on shares of Walmart from $117.00 to $120.00 and gave the company a “buy” rating in a report on Monday, June 10th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $109.56.

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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