Investors Sell Walmart (WMT) on Strength (WMT)

Investors sold shares of Walmart Inc (NYSE:WMT) on strength during trading hours on Tuesday. $192.42 million flowed into the stock on the tick-up and $365.23 million flowed out of the stock on the tick-down, for a money net flow of $172.81 million out of the stock. Of all stocks tracked, Walmart had the 8th highest net out-flow for the day. Walmart traded up $2.62 for the day and closed at $102.42

WMT has been the topic of several research analyst reports. Telsey Advisory Group lifted their target price on shares of Walmart from $105.00 to $107.00 and gave the company an “outperform” rating in a research report on Friday, August 17th. Argus set a $112.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Friday, August 17th. Goldman Sachs Group set a $101.00 target price on shares of Walmart and gave the company a “neutral” rating in a research report on Friday, September 14th. Morgan Stanley reiterated a “neutral” rating and issued a $98.00 target price on shares of Walmart in a research report on Thursday, October 4th. Finally, Royal Bank of Canada set a $101.00 target price on shares of Walmart and gave the company a “neutral” rating in a research report on Monday, September 3rd. Eighteen equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $103.16.

The company has a current ratio of 0.93, a quick ratio of 0.34 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $293.10 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 4.09 and a beta of 0.52.



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

In other Walmart news, insider John R. Furner sold 9,623 shares of Walmart stock in a transaction dated Friday, September 28th. The shares were sold at an average price of $94.04, for a total transaction of $904,946.92. Following the transaction, the insider now directly owns 165,402 shares of the company’s stock, valued at $15,554,404.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 594,396 shares of Walmart stock in a transaction dated 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 transaction, the insider now directly owns 6,748,580 shares in the company, valued at $663,250,442.40. The disclosure for this sale can be found here. Insiders have sold 10,199,130 shares of company stock worth $976,228,654 over the last ninety days. 51.11% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of the business. Trust Co. of Vermont raised its stake in Walmart by 4.3% during the third quarter. Trust Co. of Vermont now owns 12,455 shares of the retailer’s stock worth $1,170,000 after purchasing an additional 515 shares during the period. Crossvault Capital Management LLC increased its position in shares of Walmart by 2.3% during the third quarter. Crossvault Capital Management LLC now owns 24,790 shares of the retailer’s stock valued at $2,328,000 after acquiring an additional 550 shares during the last quarter. Fluent Financial LLC increased its position in shares of Walmart by 2.6% during the third quarter. Fluent Financial LLC now owns 22,463 shares of the retailer’s stock valued at $2,110,000 after acquiring an additional 571 shares during the last quarter. Wealth Alliance Advisory Group LLC increased its position in shares of Walmart by 4.6% during the third quarter. Wealth Alliance Advisory Group LLC now owns 13,329 shares of the retailer’s stock valued at $1,252,000 after acquiring an additional 583 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. increased its position in shares of Walmart by 0.4% during the second quarter. Farmers & Merchants Investments Inc. now owns 152,035 shares of the retailer’s stock valued at $13,022,000 after acquiring an additional 588 shares during the last quarter. 29.36% of the stock is currently owned by institutional investors.

About Walmart (NYSE:WMT)

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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