Walmart Inc. (NYSE:WMT) Shares Purchased by Silvia Mccoll Wealth Management LLC

Silvia Mccoll Wealth Management LLC boosted its position in Walmart Inc. (NYSE:WMT) by 206.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,256 shares of the retailer’s stock after acquiring an additional 10,279 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Walmart were worth $925,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc lifted its stake in shares of Walmart by 199.3% during the first quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after purchasing an additional 293 shares in the last quarter. Partnership Wealth Management LLC acquired a new position in shares of Walmart during the fourth quarter worth about $30,000. Able Wealth Management LLC acquired a new position in shares of Walmart during the fourth quarter worth about $30,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Walmart during the fourth quarter worth about $32,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of Walmart during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $60.03, for a total value of $1,748,313.72. Following the transaction, the chief executive officer now directly owns 4,018,650 shares of the company’s stock, valued at $241,239,559.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $60.03, for a total value of $1,748,313.72. Following the transaction, the chief executive officer now directly owns 4,018,650 shares of the company’s stock, valued at $241,239,559.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $59.08, for a total transaction of $177,240.00. Following the completion of the transaction, the executive vice president now directly owns 521,613 shares in the company, valued at $30,816,896.04. The disclosure for this sale can be found here. Insiders have sold a total of 14,525,340 shares of company stock valued at $953,023,399 in the last three months. 45.58% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of NYSE:WMT opened at $68.07 on Wednesday. The company’s fifty day moving average is $64.22 and its two-hundred day moving average is $59.53. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 0.48. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $69.04. The company has a market cap of $547.52 billion, a P/E ratio of 29.13, a price-to-earnings-growth ratio of 3.91 and a beta of 0.50.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.08. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company had revenue of $161.50 billion for the quarter, compared to the consensus estimate of $159.57 billion. During the same period in the previous year, the business earned $0.49 EPS. The company’s revenue was up 6.0% on a year-over-year basis. Equities analysts expect that Walmart Inc. will post 2.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WMT. KeyCorp boosted their price objective on Walmart from $63.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, May 17th. DA Davidson boosted their price objective on Walmart from $69.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Deutsche Bank Aktiengesellschaft boosted their price target on Walmart from $71.00 to $77.00 and gave the stock a “buy” rating in a research note on Monday. TD Cowen boosted their price target on Walmart from $68.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, Robert W. Baird boosted their price target on Walmart from $65.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Three equities research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.47.

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.