First Dallas Securities Inc. Has $1.14 Million Stock Position in Walmart Inc. (NYSE:WMT)

First Dallas Securities Inc. boosted its holdings in Walmart Inc. (NYSE:WMT) by 200.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,923 shares of the retailer’s stock after buying an additional 12,616 shares during the quarter. First Dallas Securities Inc.’s holdings in Walmart were worth $1,139,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. AHL Investment Management Inc. boosted its stake in shares of Walmart by 192.1% in the 1st quarter. AHL Investment Management Inc. now owns 24,000 shares of the retailer’s stock valued at $1,444,000 after purchasing an additional 15,785 shares in the last quarter. Valley Brook Capital Group Inc. lifted its stake in Walmart by 4.2% in the 4th quarter. Valley Brook Capital Group Inc. now owns 7,816 shares of the retailer’s stock valued at $1,232,000 after purchasing an additional 315 shares during the last quarter. Core Wealth Advisors Inc. boosted its position in Walmart by 38.9% in the fourth quarter. Core Wealth Advisors Inc. now owns 1,501 shares of the retailer’s stock valued at $237,000 after buying an additional 420 shares in the last quarter. Motco grew its stake in shares of Walmart by 1.3% during the fourth quarter. Motco now owns 58,301 shares of the retailer’s stock worth $9,191,000 after buying an additional 726 shares during the last quarter. Finally, Sovereign Financial Group Inc. increased its holdings in shares of Walmart by 204.3% during the first quarter. Sovereign Financial Group Inc. now owns 6,515 shares of the retailer’s stock worth $392,000 after buying an additional 4,374 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, major shareholder Alice L. Walton sold 3,633,800 shares of Walmart stock in a transaction on Monday, June 10th. The shares were sold at an average price of $66.80, for a total value of $242,737,840.00. Following the completion of the sale, the insider now owns 636,898,811 shares of the company’s stock, valued at approximately $42,544,840,574.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $60.26, for a total value of $180,780.00. Following the sale, the executive vice president now owns 524,613 shares in the company, valued at approximately $31,613,179.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Alice L. Walton sold 3,633,800 shares of Walmart stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $66.80, for a total value of $242,737,840.00. Following the transaction, the insider now owns 636,898,811 shares of the company’s stock, valued at approximately $42,544,840,574.80. The disclosure for this sale can be found here. Insiders sold a total of 14,502,762 shares of company stock worth $951,475,618 over the last quarter. 45.58% of the stock is currently owned by corporate insiders.

Walmart Trading Down 0.3 %

WMT opened at $67.71 on Friday. The company has a fifty day moving average price of $64.07 and a two-hundred day moving average price of $59.35. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $69.04. The company has a market cap of $544.63 billion, a P/E ratio of 28.98, a price-to-earnings-growth ratio of 3.91 and a beta of 0.52. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.08. The business had revenue of $161.50 billion during the quarter, compared to analyst estimates of $159.57 billion. Walmart had a return on equity of 21.57% and a net margin of 2.88%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.49 EPS. Analysts predict that Walmart Inc. will post 2.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Jefferies Financial Group raised their price objective on Walmart from $75.00 to $77.00 and gave the company a “buy” rating in a report on Monday, June 10th. Oppenheimer boosted their price target on Walmart from $69.00 to $75.00 and gave the stock an “outperform” rating in a report on Thursday, June 6th. The Goldman Sachs Group raised their price objective on shares of Walmart from $64.33 to $73.00 and gave the company a “buy” rating in a report on Friday, May 17th. Stifel Nicolaus lifted their target price on shares of Walmart from $65.00 to $69.00 and gave the stock a “hold” rating in a research report on Friday, May 17th. Finally, Robert W. Baird upped their price target on shares of Walmart from $65.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.97.

Walmart Company Profile

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