Trilogy Capital Inc. Has $547,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Trilogy Capital Inc. boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 515.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 9,095 shares of the retailer’s stock after acquiring an additional 7,617 shares during the period. Trilogy Capital Inc.’s holdings in Walmart were worth $547,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Northwest Capital Management Inc grew its holdings in shares of Walmart by 199.3% in the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock valued at $26,000 after buying an additional 293 shares during the period. Partnership Wealth Management LLC acquired a new position in shares of Walmart in the 4th quarter valued at $30,000. Able Wealth Management LLC acquired a new position in shares of Walmart in the 4th quarter valued at $30,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Walmart in the 4th quarter valued at $32,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of Walmart in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the completion of the transaction, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at $270,851,892.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the completion of the transaction, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at $270,851,892.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Alice L. Walton sold 1,132,123 shares of Walmart stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $65.02, for a total transaction of $73,610,637.46. Following the transaction, the insider now directly owns 647,371,888 shares of the company’s stock, valued at approximately $42,092,120,157.76. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,499,762 shares of company stock valued at $951,294,838. Insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. TD Cowen upped their target price on shares of Walmart from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. UBS Group boosted their price target on shares of Walmart from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. BMO Capital Markets boosted their price target on shares of Walmart from $65.00 to $75.00 and gave the stock an “outperform” rating in a research report on Friday, May 17th. Roth Mkm boosted their price target on shares of Walmart from $69.00 to $71.00 and gave the stock a “buy” rating in a research report on Friday, May 17th. Finally, StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Monday, May 20th. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.41.

Walmart Price Performance

Shares of NYSE:WMT opened at $67.48 on Tuesday. The company has a market cap of $542.78 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 3.91 and a beta of 0.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.80 and a quick ratio of 0.23. The firm has a 50 day simple moving average of $64.07 and a 200 day simple moving average of $59.41. Walmart Inc. has a one year low of $49.85 and a one year high of $69.04.

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

About Walmart

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.