Brown Advisory Inc. Has $12.84 Million Position in Walmart Inc (WMT)

Brown Advisory Inc. increased its stake in shares of Walmart Inc (NYSE:WMT) by 3.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,721 shares of the retailer’s stock after acquiring an additional 5,068 shares during the period. Brown Advisory Inc.’s holdings in Walmart were worth $12,839,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of WMT. 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. FMR LLC lifted its position in shares of Walmart by 1.2% in the third quarter. FMR LLC now owns 20,918,958 shares of the retailer’s stock valued at $1,964,498,000 after acquiring an additional 242,074 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. Finally, Alliancebernstein L.P. lifted its position in shares of Walmart by 0.7% in the third quarter. Alliancebernstein L.P. now owns 9,423,830 shares of the retailer’s stock valued at $884,992,000 after acquiring an additional 62,673 shares in the last quarter. 29.18% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Walmart stock opened at $95.81 on Thursday. Walmart Inc has a one year low of $81.78 and a one year high of $109.98. The company has a market cap of $289.28 billion, a P/E ratio of 21.68, a P/E/G ratio of 4.03 and a beta of 0.32. The company has a current ratio of 0.81, a quick ratio of 0.22 and a debt-to-equity ratio of 0.63.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.06. Walmart had a return on equity of 18.36% and a net margin of 1.01%. The firm had revenue of $124.89 billion for the quarter, compared to the consensus estimate of $124.86 billion. On average, research analysts predict that Walmart Inc will post 4.81 earnings per share for the current year.

Several research firms have recently weighed in on WMT. Barclays restated a “buy” rating and issued a $110.00 target price on shares of Walmart in a research report on Tuesday. Royal Bank of Canada restated a “neutral” rating and issued a $101.00 target price on shares of Walmart in a research report on Tuesday. Daiwa Capital Markets downgraded Walmart from an “outperform” rating to a “neutral” rating and set a $101.00 target price on the stock. in a research report on Tuesday, November 20th. Wells Fargo & Co restated a “neutral” rating and issued a $98.00 target price on shares of Walmart in a research report on Tuesday, November 20th. Finally, Independent Research restated a “neutral” rating and issued a $101.00 target price on shares of Walmart in a research report on Tuesday, November 20th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Walmart presently has an average rating of “Hold” and an average target price of $104.04.

In other Walmart news, Director S Robson Walton sold 600,000 shares of the firm’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $96.92, for a total transaction of $58,152,000.00. Following the completion of the sale, the director now owns 3,347,254 shares of the company’s stock, valued at $324,415,857.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jacqueline P. Canney sold 4,026 shares of the firm’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $97.95, for a total value of $394,346.70. Following the sale, the insider now directly owns 53,250 shares of the company’s stock, valued at approximately $5,215,837.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 11,394,951 shares of company stock worth $1,089,642,430. 51.11% of the stock is currently owned by company insiders.

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About Walmart

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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