Quantamental Technologies LLC purchased a new stake in Walmart Inc (NYSE:WMT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,078 shares of the retailer’s stock, valued at approximately $1,080,000. Walmart accounts for approximately 0.5% of Quantamental Technologies LLC’s portfolio, making the stock its 4th biggest position.
A number of other large investors also recently made changes to their positions in WMT. Clarfeld Financial Advisors LLC acquired a new position in Walmart in the fourth quarter valued at approximately $25,000. C J Advisory Inc acquired a new position in shares of Walmart during the 1st quarter worth approximately $29,000. Winch Advisory Services LLC raised its stake in shares of Walmart by 45.1% during the 4th quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after buying an additional 107 shares during the period. Financial Gravity Wealth Inc. acquired a new position in shares of Walmart during the 1st quarter worth approximately $35,000. Finally, WP Advisors LLC acquired a new position in shares of Walmart during the 1st quarter worth approximately $37,000. 29.79% of the stock is owned by institutional investors.
NYSE WMT opened at $108.65 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.77 and a quick ratio of 0.21. The firm has a market capitalization of $308.14 billion, a P/E ratio of 22.13, a PEG ratio of 4.73 and a beta of 0.36. Walmart Inc has a one year low of $82.37 and a one year high of $109.58.
Walmart (NYSE:WMT) last issued its earnings results on Thursday, May 16th. The retailer reported $1.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.11. The company had revenue of $122.95 billion during the quarter, compared to analysts’ expectations of $124.51 billion. Walmart had a return on equity of 18.66% and a net margin of 1.62%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.14 EPS. On average, sell-side analysts forecast that Walmart Inc will post 4.82 earnings per share for the current year.
Several research analysts have recently weighed in on the company. Credit Suisse Group reaffirmed a “neutral” rating and set a $103.00 target price on shares of Walmart in a research note on Wednesday, February 20th. Wolfe Research downgraded Walmart from a “peer perform” rating to an “underperform” rating in a research note on Wednesday, May 8th. Deutsche Bank upped their target price on Walmart from $118.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. UBS Group upped their target price on Walmart from $105.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Finally, Daiwa Capital Markets raised Walmart from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 21st. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nineteen have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $108.26.
In other Walmart news, Director S Robson Walton sold 743,824 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $99.02, for a total value of $73,653,452.48. Following the completion of the sale, the director now directly owns 3,347,379 shares in the company, valued at approximately $331,457,468.58. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Gregory S. Foran sold 74,019 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $100.00, for a total value of $7,401,900.00. Following the completion of the sale, the insider now owns 362,861 shares of the company’s stock, valued at $36,286,100. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,674,015 shares of company stock valued at $1,172,639,093. 51.11% of the stock is owned by company insiders.
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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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