Walmart Inc. (NYSE:WMT) Shares Sold by Aspiriant LLC

Aspiriant LLC decreased its holdings in Walmart Inc. (NYSE:WMT) by 5.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,450 shares of the retailer’s stock after selling 773 shares during the quarter. Aspiriant LLC’s holdings in Walmart were worth $1,167,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Hoese & Co LLP purchased a new stake in Walmart during the 3rd quarter worth approximately $33,000. EntryPoint Capital LLC purchased a new stake in Walmart during the 1st quarter worth approximately $25,000. TruNorth Capital Management LLC increased its stake in Walmart by 138.3% during the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after buying an additional 249 shares in the last quarter. Cultivar Capital Inc. purchased a new stake in Walmart during the 2nd quarter worth approximately $29,000. Finally, Kozak & Associates Inc. increased its stake in Walmart by 216.4% during the 1st quarter. Kozak & Associates Inc. now owns 503 shares of the retailer’s stock worth $32,000 after buying an additional 344 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT stock traded up $0.34 during mid-day trading on Friday, hitting $81.23. 3,500,573 shares of the stock were exchanged, compared to its average volume of 17,088,861. The stock’s fifty day simple moving average is $77.63 and its two-hundred day simple moving average is $69.39. The stock has a market capitalization of $653.38 billion, a price-to-earnings ratio of 34.51, a P/E/G ratio of 4.02 and a beta of 0.51. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $81.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The company had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. During the same quarter last year, the company posted $0.61 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, analysts forecast that Walmart Inc. will post 2.44 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on WMT. Melius Research began coverage on Walmart in a research note on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective for the company. UBS Group boosted their price objective on Walmart from $81.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, October 11th. BMO Capital Markets restated an “outperform” rating and issued a $80.00 price target on shares of Walmart in a research report on Friday, August 16th. Redburn Atlantic upgraded Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Finally, Evercore ISI upped their price target on Walmart from $78.00 to $80.00 and gave the company an “outperform” rating in a research report on Thursday, August 22nd. One analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $82.96.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 2,065 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $80.69, for a total transaction of $166,624.85. Following the transaction, the executive vice president now owns 457,493 shares of the company’s stock, valued at $36,915,110.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, EVP Daniel J. Bartlett sold 2,065 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $80.69, for a total value of $166,624.85. Following the completion of the sale, the executive vice president now owns 457,493 shares in the company, valued at $36,915,110.17. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder S Robson Walton sold 4,057,369 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.20, for a total transaction of $313,228,886.80. Following the completion of the sale, the insider now owns 611,988,318 shares of the company’s stock, valued at approximately $47,245,498,149.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock valued at $958,267,901 over the last quarter. 45.58% of the stock is currently owned by insiders.

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.