Walmart Inc. (NYSE:WMT) Shares Acquired by Arlington Trust Co LLC

Arlington Trust Co LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,913 shares of the retailer’s stock after buying an additional 369 shares during the quarter. Arlington Trust Co LLC’s holdings in Walmart were worth $1,416,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WMT. EntryPoint Capital LLC acquired a new stake in Walmart during the 1st quarter valued at $25,000. Northwest Capital Management Inc raised its stake in shares of Walmart by 199.3% during the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after purchasing an additional 293 shares in the last quarter. TruNorth Capital Management LLC lifted its holdings in shares of Walmart by 138.3% during the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after buying an additional 249 shares during the last quarter. Cultivar Capital Inc. bought a new stake in shares of Walmart in the 2nd quarter valued at approximately $29,000. Finally, Partnership Wealth Management LLC bought a new stake in shares of Walmart in the 4th quarter valued at approximately $30,000. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $76.64 on Friday. The firm has a fifty day moving average price of $71.45 and a two-hundred day moving average price of $65.43. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $77.81. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. The company has a market cap of $616.05 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 3.87 and a beta of 0.51.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The business had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.56 billion. During the same quarter last year, the company earned $0.61 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Analysts expect that Walmart Inc. will post 2.44 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of Walmart from $75.00 to $81.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. KeyCorp raised their price target on shares of Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a report on Wednesday, July 17th. Jefferies Financial Group upped their price objective on shares of Walmart from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday. Stifel Nicolaus increased their target price on shares of Walmart from $71.00 to $73.00 and gave the stock a “hold” rating in a research report on Tuesday, August 13th. Finally, Raymond James boosted their price target on Walmart from $63.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.99.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 2,398 shares of Walmart stock in a transaction on Monday, July 15th. The shares were sold at an average price of $69.50, for a total transaction of $166,661.00. Following the sale, the executive vice president now owns 463,871 shares in the company, valued at $32,239,034.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Walmart news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $69.19, for a total transaction of $207,570.00. Following the sale, the executive vice president now directly owns 387,165 shares of the company’s stock, valued at $26,787,946.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 2,398 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $69.50, for a total value of $166,661.00. Following the completion of the transaction, the executive vice president now directly owns 463,871 shares of the company’s stock, valued at $32,239,034.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,144,237 shares of company stock valued at $730,497,016. 45.58% of the stock is owned by corporate 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.