Intellectus Partners LLC Has $1.47 Million Position in Walmart Inc (NYSE:WMT)

Intellectus Partners LLC cut its holdings in shares of Walmart Inc (NYSE:WMT) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,286 shares of the retailer’s stock after selling 700 shares during the quarter. Intellectus Partners LLC’s holdings in Walmart were worth $1,467,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Corbenic Partners LLC bought a new stake in Walmart in the 4th quarter valued at $27,000. Knuff & Co LLC bought a new stake in Walmart in the 3rd quarter valued at $36,000. Shine Investment Advisory Services Inc. boosted its stake in Walmart by 181.7% in the 3rd quarter. Shine Investment Advisory Services Inc. now owns 307 shares of the retailer’s stock valued at $36,000 after purchasing an additional 198 shares during the period. Massey Quick Simon & CO. LLC boosted its stake in Walmart by 232.7% in the 3rd quarter. Massey Quick Simon & CO. LLC now owns 366 shares of the retailer’s stock valued at $43,000 after purchasing an additional 256 shares during the period. Finally, Princeton Global Asset Management LLC bought a new stake in Walmart in the 2nd quarter valued at $43,000. 30.43% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:WMT traded down $1.46 during trading on Friday, reaching $114.35. 1,891,346 shares of the company traded hands, compared to its average volume of 5,318,016. The company’s 50 day moving average is $118.25 and its two-hundred day moving average is $116.37. The firm has a market capitalization of $329.40 billion, a PE ratio of 22.82, a PEG ratio of 4.70 and a beta of 0.35. The company has a quick ratio of 0.20, a current ratio of 0.81 and a debt-to-equity ratio of 0.83. Walmart Inc has a 52 week low of $93.11 and a 52 week high of $125.38.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 14th. The retailer reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.07. Walmart had a return on equity of 18.47% and a net margin of 2.77%. The business had revenue of $126.98 billion during the quarter, compared to the consensus estimate of $128.08 billion. During the same period in the prior year, the company earned $1.08 EPS. Walmart’s revenue for the quarter was up 2.5% on a year-over-year basis. As a group, research analysts anticipate that Walmart Inc will post 4.98 EPS for the current year.

In related news, EVP Marc E. Lore sold 85,000 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $115.91, for a total transaction of $9,852,350.00. Following the completion of the sale, the executive vice president now directly owns 2,783,450 shares in the company, valued at approximately $322,629,689.50. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Judith J. Mckenna sold 8,300 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $119.21, for a total value of $989,443.00. Following the sale, the executive vice president now owns 216,811 shares of the company’s stock, valued at $25,846,039.31. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 178,300 shares of company stock valued at $21,090,243. 51.11% of the stock is owned by corporate insiders.

Several research firms recently issued reports on WMT. Jefferies Financial Group boosted their price target on Walmart from $127.00 to $137.00 and gave the company a “buy” rating in a research note on Friday, November 15th. They noted that the move was a valuation call. Zacks Investment Research downgraded Walmart from a “buy” rating to a “hold” rating and set a $125.00 price target for the company. in a research note on Friday, January 3rd. Morgan Stanley boosted their price target on Walmart from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday, December 31st. JPMorgan Chase & Co. set a $130.00 price target on Walmart and gave the company a “neutral” rating in a research note on Thursday, November 14th. Finally, Guggenheim restated a “buy” rating and issued a $135.00 price target (up from $125.00) on shares of Walmart in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $123.51.

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, 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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