Compagnie Lombard Odier SCmA Has $1.30 Million Holdings in Walmart Inc (WMT)

Compagnie Lombard Odier SCmA grew its stake in Walmart Inc (NYSE:WMT) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,871 shares of the retailer’s stock after acquiring an additional 1,260 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Walmart were worth $1,303,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Banco Santander S.A. boosted its holdings in Walmart by 20.5% in the third quarter. Banco Santander S.A. now owns 353,438 shares of the retailer’s stock worth $33,192,000 after acquiring an additional 60,030 shares in the last quarter. Summit Securities Group LLC lifted its holdings in shares of Walmart by 412.9% during the third quarter. Summit Securities Group LLC now owns 21,800 shares of the retailer’s stock valued at $2,047,000 after purchasing an additional 17,550 shares in the last quarter. Mandatum Life Insurance Co Ltd lifted its holdings in shares of Walmart by 40.3% during the third quarter. Mandatum Life Insurance Co Ltd now owns 8,153 shares of the retailer’s stock valued at $766,000 after purchasing an additional 2,340 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of Walmart by 3.8% during the third quarter. Brown Advisory Inc. now owns 136,721 shares of the retailer’s stock valued at $12,839,000 after purchasing an additional 5,068 shares in the last quarter. Finally, Cornerstone Advisory LLC bought a new position in shares of Walmart during the third quarter valued at $214,000. 29.18% of the stock is currently owned by institutional investors and hedge funds.

Walmart stock opened at $94.77 on Friday. The firm has a market cap of $283.83 billion, a P/E ratio of 21.44, a PEG ratio of 3.91 and a beta of 0.32. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.81 and a quick ratio of 0.22. Walmart Inc has a one year low of $81.78 and a one year high of $109.98.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.06. The company had revenue of $124.89 billion during the quarter, compared to analysts’ expectations of $124.86 billion. Walmart had a return on equity of 18.36% and a net margin of 1.01%. As a group, research analysts anticipate that Walmart Inc will post 4.81 earnings per share for the current year.

WMT has been the topic of a number of research analyst reports. MKM Partners lowered their price target on Walmart from $107.00 to $105.00 in a report on Monday, October 22nd. Stephens set a $115.00 price target on Walmart and gave the company a “buy” rating in a report on Friday, August 17th. Citigroup upped their price target on Walmart from $101.00 to $113.00 and gave the company a “buy” rating in a report on Friday, August 17th. Argus set a $112.00 price target on Walmart and gave the company a “buy” rating in a report on Friday, August 17th. Finally, ValuEngine raised Walmart from a “hold” rating to a “buy” rating in a report on Friday, August 17th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $104.04.

In related news, major shareholder Alice L. Walton sold 387,000 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $98.70, for a total transaction of $38,196,900.00. Following the completion of the sale, the insider now owns 6,748,580 shares in the company, valued at $666,084,846. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Jim C. Walton sold 2,009,792 shares of the company’s stock in a transaction on Friday, September 28th. The shares were sold at an average price of $94.63, for a total value of $190,186,616.96. Following the sale, the insider now owns 10,557,224 shares of the company’s stock, valued at approximately $999,030,107.12. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,891,107 shares of company stock valued at $1,236,447,886. 51.11% of the stock is 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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