Walmart Inc (WMT) Stake Raised by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec grew its position in shares of Walmart Inc (NYSE:WMT) by 173.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,845,500 shares of the retailer’s stock after buying an additional 1,171,222 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Walmart were worth $158,067,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. BlueMountain Capital Management LLC purchased a new stake in Walmart in the second quarter worth approximately $5,960,000. Burney Co. boosted its holdings in Walmart by 6.3% in the second quarter. Burney Co. now owns 97,615 shares of the retailer’s stock worth $8,361,000 after purchasing an additional 5,752 shares during the last quarter. Capital Wealth Planning LLC boosted its holdings in Walmart by 40.2% in the second quarter. Capital Wealth Planning LLC now owns 33,038 shares of the retailer’s stock worth $2,831,000 after purchasing an additional 9,475 shares during the last quarter. Captrust Financial Advisors boosted its holdings in Walmart by 9.9% in the second quarter. Captrust Financial Advisors now owns 40,345 shares of the retailer’s stock worth $3,456,000 after purchasing an additional 3,625 shares during the last quarter. Finally, Korea Investment CORP boosted its holdings in Walmart by 1.5% in the second quarter. Korea Investment CORP now owns 1,224,419 shares of the retailer’s stock worth $104,871,000 after purchasing an additional 18,000 shares during the last quarter. Hedge funds and other institutional investors own 29.43% of the company’s stock.

WMT has been the topic of several research reports. UBS Group raised their target price on shares of Walmart from $93.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, August 17th. Argus set a $112.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 17th. Stephens set a $115.00 price target on shares of Walmart and gave the stock a “buy” rating in a research report on Friday, August 17th. Wells Fargo & Co reiterated a “neutral” rating and issued a $95.00 price target on shares of Walmart in a research report on Thursday, August 16th. Finally, Morgan Stanley reiterated a “neutral” rating and issued a $93.00 price target on shares of Walmart in a research report on Wednesday, June 13th. Twenty research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $100.95.

In other news, Director S Robson Walton sold 760,377 shares of the firm’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $83.30, for a total transaction of $63,339,404.10. Following the sale, the director now directly owns 3,347,254 shares in the company, valued at approximately $278,826,258.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jacqueline P. Canney sold 1,575 shares of the firm’s stock in a transaction on Friday, August 31st. The shares were sold at an average price of $95.48, for a total transaction of $150,381.00. Following the sale, the insider now owns 57,276 shares in the company, valued at $5,468,712.48. The disclosure for this sale can be found here. Insiders have sold a total of 6,730,786 shares of company stock worth $632,528,709 over the last 90 days. Insiders own 51.11% of the company’s stock.

Shares of WMT stock opened at $94.59 on Friday. The firm has a market cap of $284.30 billion, a PE ratio of 21.40, a PEG ratio of 3.37 and a beta of 0.51. Walmart Inc has a one year low of $77.50 and a one year high of $109.98. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.34 and a current ratio of 0.93.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 16th. The retailer reported $1.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.07. The firm had revenue of $127.06 billion for the quarter, compared to the consensus estimate of $124.67 billion. Walmart had a net margin of 1.02% and a return on equity of 18.16%. The company’s revenue was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $1.08 EPS. equities analysts forecast that Walmart Inc will post 4.8 EPS for the current fiscal year.

Walmart Company 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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