Blue Fin Capital Inc. Buys 452 Shares of Walmart Inc. (NYSE:WMT)

Blue Fin Capital Inc. grew its stake in shares of Walmart Inc. (NYSE:WMTGet Rating) by 1.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,757 shares of the retailer’s stock after purchasing an additional 452 shares during the period. Walmart makes up 1.2% of Blue Fin Capital Inc.’s investment portfolio, making the stock its 20th largest holding. Blue Fin Capital Inc.’s holdings in Walmart were worth $3,984,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Matisse Capital raised its position in shares of Walmart by 4.4% in the 1st quarter. Matisse Capital now owns 3,539 shares of the retailer’s stock worth $527,000 after acquiring an additional 150 shares in the last quarter. Marietta Wealth Management LLC raised its holdings in Walmart by 2.6% in the first quarter. Marietta Wealth Management LLC now owns 52,105 shares of the retailer’s stock worth $7,759,000 after purchasing an additional 1,311 shares in the last quarter. Castellan Group purchased a new position in Walmart during the fourth quarter valued at $226,000. Welch & Forbes LLC boosted its holdings in shares of Walmart by 4.2% during the 4th quarter. Welch & Forbes LLC now owns 144,223 shares of the retailer’s stock valued at $20,867,000 after buying an additional 5,858 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its position in shares of Walmart by 3.2% in the 4th quarter. Capital Investment Advisors LLC now owns 29,550 shares of the retailer’s stock worth $4,276,000 after buying an additional 924 shares during the period. Institutional investors own 30.79% of the company’s stock.

In other Walmart news, CEO C Douglas Mcmillon sold 9,708 shares of the company’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $125.61, for a total value of $1,219,421.88. Following the completion of the transaction, the chief executive officer now directly owns 1,526,864 shares in the company, valued at approximately $191,789,387.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 48.44% of the company’s stock.

NYSE WMT opened at $120.69 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.23 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $117.27 and a 12 month high of $160.77. The stock has a market cap of $330.83 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 3.36 and a beta of 0.50. The company’s 50 day moving average is $137.13 and its two-hundred day moving average is $140.46.

Walmart (NYSE:WMTGet Rating) last announced its quarterly earnings data on Tuesday, May 17th. The retailer reported $1.30 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.18). The firm had revenue of $141.60 billion for the quarter, compared to the consensus estimate of $138.05 billion. Walmart had a net margin of 2.26% and a return on equity of 19.05%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.69 earnings per share. Sell-side analysts forecast that Walmart Inc. will post 6.4 EPS for the current year.

A number of analysts have recently commented on WMT shares. Stifel Nicolaus dropped their price target on Walmart from $155.00 to $150.00 and set a “hold” rating on the stock in a research report on Wednesday, May 18th. Telsey Advisory Group dropped their price target on shares of Walmart from $175.00 to $160.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 18th. BMO Capital Markets reduced their price objective on shares of Walmart from $170.00 to $165.00 and set an “outperform” rating for the company in a research note on Wednesday, May 18th. StockNews.com downgraded shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 23rd. Finally, The Goldman Sachs Group set a $160.00 price target on shares of Walmart in a research report on Wednesday, May 18th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $157.56.

Walmart Profile (Get Rating)

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

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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