Exane Derivatives Decreases Stake in Walmart Inc (WMT)

Exane Derivatives lessened its position in Walmart Inc (NYSE:WMT) by 29.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,643 shares of the retailer’s stock after selling 1,505 shares during the quarter. Exane Derivatives’ holdings in Walmart were worth $342,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its position in shares of Walmart by 1.9% in the second quarter. BlackRock Inc. now owns 90,679,652 shares of the retailer’s stock valued at $7,766,712,000 after acquiring an additional 1,660,543 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Walmart by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 10,288,004 shares of the retailer’s stock valued at $881,168,000 after acquiring an additional 148,000 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Walmart by 3.4% in the third quarter. Fisher Asset Management LLC now owns 9,931,750 shares of the retailer’s stock valued at $932,691,000 after acquiring an additional 323,377 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Walmart by 1.6% in the third quarter. Bank of Montreal Can now owns 7,413,286 shares of the retailer’s stock valued at $696,182,000 after acquiring an additional 117,333 shares in the last quarter. Finally, Swiss National Bank lifted its position in shares of Walmart by 2.0% in the second quarter. Swiss National Bank now owns 5,609,729 shares of the retailer’s stock valued at $480,473,000 after acquiring an additional 109,700 shares in the last quarter. Institutional investors and hedge funds own 29.40% of the company’s stock.

WMT stock opened at $98.94 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.93 and a debt-to-equity ratio of 0.70. The firm has a market cap of $287.77 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 4.01 and a beta of 0.52. Walmart Inc has a 52-week low of $81.78 and a 52-week high of $109.98.



Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 16th. The retailer reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.07. The company had revenue of $127.06 billion during the quarter, compared to analysts’ expectations of $124.67 billion. Walmart had a return on equity of 18.16% and a net margin of 1.02%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.08 earnings per share. As a group, equities research analysts anticipate that Walmart Inc will post 4.77 earnings per share for the current fiscal year.

Several equities analysts have recently weighed in on WMT shares. MKM Partners decreased their target price on Walmart from $107.00 to $105.00 in a research report on Monday, October 22nd. Guggenheim reiterated a “buy” rating and set a $110.00 price objective on shares of Walmart in a research report on Thursday, August 16th. ValuEngine upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Friday, August 17th. Argus set a $112.00 price objective on Walmart and gave the stock a “buy” rating in a research report on Friday, August 17th. Finally, Citigroup lifted their price objective on Walmart from $101.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday, August 17th. Eighteen equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $103.16.

In other Walmart news, major shareholder Alice L. Walton sold 594,396 shares of the firm’s stock in a transaction on Friday, August 17th. The stock was sold at an average price of $98.28, for a total transaction of $58,417,238.88. Following the completion of the sale, the insider now owns 6,748,580 shares of the company’s stock, valued at $663,250,442.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director S Robson Walton sold 807,654 shares of the firm’s stock in a transaction on Thursday, September 27th. The stock was sold at an average price of $94.46, for a total value of $76,290,996.84. Following the sale, the director now directly owns 3,347,254 shares of the company’s stock, valued at approximately $316,181,612.84. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,199,130 shares of company stock valued at $976,228,654. 51.11% of the stock is owned by insiders.

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, 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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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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