Mutual Advisors LLC Has $2.73 Million Position in Walmart Inc. (NYSE:WMT)

Mutual Advisors LLC lowered its holdings in Walmart Inc. (NYSE:WMTGet Rating) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,842 shares of the retailer’s stock after selling 2,555 shares during the quarter. Mutual Advisors LLC’s holdings in Walmart were worth $2,726,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of WMT. Welch & Forbes LLC raised its position in shares of Walmart by 4.2% during the fourth quarter. Welch & Forbes LLC now owns 144,223 shares of the retailer’s stock worth $20,867,000 after acquiring an additional 5,858 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in Walmart by 3.2% in the fourth quarter. Capital Investment Advisors LLC now owns 29,550 shares of the retailer’s stock valued at $4,276,000 after purchasing an additional 924 shares during the last quarter. Wealth Quarterback LLC increased its holdings in Walmart by 422.3% in the third quarter. Wealth Quarterback LLC now owns 44,234 shares of the retailer’s stock valued at $1,087,000 after purchasing an additional 35,765 shares during the last quarter. Kavar Capital Partners Group LLC increased its holdings in Walmart by 6.2% in the fourth quarter. Kavar Capital Partners Group LLC now owns 23,914 shares of the retailer’s stock valued at $3,460,000 after purchasing an additional 1,397 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in Walmart by 7.1% in the third quarter. Captrust Financial Advisors now owns 560,494 shares of the retailer’s stock valued at $78,122,000 after purchasing an additional 37,296 shares during the last quarter. 30.79% of the stock is currently owned by institutional investors.

In other news, major shareholder Alice L. Walton sold 1,167,433 shares of Walmart stock in a transaction dated Wednesday, March 2nd. The stock was sold at an average price of $136.20, for a total value of $159,004,374.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 9,708 shares of Walmart stock in a transaction dated Thursday, February 24th. The stock was sold at an average price of $134.78, for a total value of $1,308,444.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,411,690 shares of company stock valued at $193,321,410. 48.44% of the stock is owned by corporate insiders.

Shares of NYSE WMT traded up $0.24 during mid-day trading on Wednesday, hitting $124.37. 154,618 shares of the stock traded hands, compared to its average volume of 8,985,863. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.86 and a quick ratio of 0.28. Walmart Inc. has a twelve month low of $117.27 and a twelve month high of $160.77. The company has a market cap of $342.36 billion, a PE ratio of 26.56, a price-to-earnings-growth ratio of 3.38 and a beta of 0.49. The firm has a 50 day simple moving average of $148.06 and a two-hundred day simple moving average of $143.53.

Walmart (NYSE:WMTGet Rating) last released its quarterly earnings data on Tuesday, May 17th. The retailer reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.18). Walmart had a net margin of 2.26% and a return on equity of 19.05%. The firm had revenue of $141.60 billion for the quarter, compared to analyst estimates of $138.05 billion. During the same period last year, the business earned $1.69 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. On average, equities research analysts anticipate that Walmart Inc. will post 6.4 earnings per share for the current fiscal year.

A number of research firms have issued reports on WMT. MKM Partners decreased their target price on Walmart to $159.00 and set a “na” rating for the company in a research note on Wednesday, May 18th. Credit Suisse Group decreased their target price on Walmart to $155.00 and set a “na” rating for the company in a research note on Wednesday, May 18th. Citigroup decreased their target price on Walmart from $171.00 to $166.00 and set a “buy” rating for the company in a research note on Wednesday, May 18th. BMO Capital Markets decreased their target price on Walmart from $170.00 to $165.00 and set an “outperform” rating for the company in a research note on Wednesday, May 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Walmart from $184.00 to $181.00 in a research note on Monday, May 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $157.57.

Walmart Profile (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

Further Reading

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMTGet Rating).

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.