AlphaMark Advisors LLC Grows Position in Walmart Inc. (NYSE:WMT)

AlphaMark Advisors LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 208.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,059 shares of the retailer’s stock after purchasing an additional 716 shares during the period. AlphaMark Advisors LLC’s holdings in Walmart were worth $64,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Norges Bank bought a new position in Walmart during the 4th quarter valued at about $3,674,652,000. BlueSpruce Investments LP bought a new position in shares of Walmart during the fourth quarter valued at approximately $568,419,000. International Assets Investment Management LLC raised its holdings in shares of Walmart by 15,371.4% in the fourth quarter. International Assets Investment Management LLC now owns 3,511,225 shares of the retailer’s stock worth $553,545,000 after buying an additional 3,488,530 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Walmart by 11.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,235,920 shares of the retailer’s stock worth $3,190,194,000 after acquiring an additional 2,150,351 shares during the last quarter. Finally, Hexagon Capital Partners LLC boosted its holdings in Walmart by 209.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,341,674 shares of the retailer’s stock valued at $140,899,000 after acquiring an additional 1,585,056 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on WMT shares. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Monday, May 20th. DA Davidson lifted their price target on shares of Walmart from $69.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, May 17th. Deutsche Bank Aktiengesellschaft raised their price objective on Walmart from $71.00 to $77.00 and gave the stock a “buy” rating in a report on Monday. Telsey Advisory Group increased their target price on shares of Walmart from $70.00 to $75.00 and gave the stock an “outperform” rating in a report on Monday, June 10th. Finally, BMO Capital Markets lifted their price objective on shares of Walmart from $65.00 to $75.00 and gave the company an “outperform” rating in a report on Friday, May 17th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average target price of $70.47.

Insider Buying and Selling at Walmart

In other news, SVP David Chojnowski sold 8,791 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The stock was sold at an average price of $68.00, for a total transaction of $597,788.00. Following the sale, the senior vice president now directly owns 94,415 shares in the company, valued at approximately $6,420,220. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP David Chojnowski sold 8,791 shares of the stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of $68.00, for a total transaction of $597,788.00. Following the transaction, the senior vice president now owns 94,415 shares in the company, valued at approximately $6,420,220. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Alice L. Walton sold 1,132,123 shares of the business’s 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 completion of the sale, 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 quarter, insiders sold 14,525,340 shares of company stock valued at $953,023,399. Corporate insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.2 %

Shares of WMT stock opened at $68.24 on Thursday. 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 Inc. has a twelve month low of $49.85 and a twelve month high of $69.04. The stock has a 50 day moving average of $64.40 and a 200 day moving average of $59.65. The stock has a market cap of $548.89 billion, a P/E ratio of 29.20, a P/E/G ratio of 3.92 and a beta of 0.50.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share 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 firm had revenue of $161.50 billion during the quarter, compared to analyst estimates of $159.57 billion. During the same period in the previous year, the firm earned $0.49 EPS. The business’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, sell-side analysts expect that Walmart Inc. will post 2.43 EPS for the current 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.