Catalina Capital Group LLC Boosts Stake in Walmart Inc. (NYSE:WMT)

Catalina Capital Group LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 5.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 16,665 shares of the retailer’s stock after acquiring an additional 826 shares during the period. Catalina Capital Group LLC’s holdings in Walmart were worth $1,128,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. ICW Investment Advisors LLC lifted its position in shares of Walmart by 0.4% during the 4th quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock worth $2,436,000 after purchasing an additional 62 shares during the last quarter. Rossmore Private Capital lifted its holdings in Walmart by 0.3% during the 4th quarter. Rossmore Private Capital now owns 20,504 shares of the retailer’s stock worth $3,232,000 after buying an additional 65 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in shares of Walmart by 0.3% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 21,377 shares of the retailer’s stock worth $3,370,000 after acquiring an additional 65 shares in the last quarter. Landmark Financial Advisors LLC increased its holdings in shares of Walmart by 1.0% in the 4th quarter. Landmark Financial Advisors LLC now owns 7,055 shares of the retailer’s stock valued at $1,112,000 after acquiring an additional 70 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC raised its position in shares of Walmart by 4.0% during the 4th quarter. MinichMacGregor Wealth Management LLC now owns 2,063 shares of the retailer’s stock worth $325,000 after acquiring an additional 79 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In other Walmart news, Director S Robson Walton sold 933,000 shares of the company’s stock in a transaction dated Thursday, May 30th. The stock was sold at an average price of $64.92, for a total transaction of $60,570,360.00. Following the completion of the sale, the director now directly owns 642,016,611 shares in the company, valued at $41,679,718,386.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Walmart news, SVP David Chojnowski sold 8,791 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $68.00, for a total transaction of $597,788.00. Following the completion of the sale, the senior vice president now directly owns 94,415 shares in the company, valued at $6,420,220. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director S Robson Walton sold 933,000 shares of the stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $64.92, for a total value of $60,570,360.00. Following the completion of the sale, the director now owns 642,016,611 shares of the company’s stock, valued at $41,679,718,386.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,827,328 shares of company stock worth $584,261,549. 45.58% of the stock is owned by insiders.

Walmart Trading Up 0.1 %

NYSE:WMT traded up $0.11 during mid-day trading on Friday, reaching $75.69. The company’s stock had a trading volume of 12,284,732 shares, compared to its average volume of 17,546,652. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $76.22. The company’s fifty day simple moving average is $69.68 and its two-hundred day simple moving average is $63.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. The stock has a market cap of $608.82 billion, a P/E ratio of 32.35, a P/E/G ratio of 4.04 and a beta of 0.50.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $169.30 billion during the quarter, compared to the consensus estimate of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. Walmart’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.61 earnings per share. On average, equities analysts predict that Walmart Inc. will post 2.43 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 price target on shares of Walmart in a research note on Friday, August 16th. StockNews.com upgraded shares of Walmart from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 16th. Raymond James upped their price objective on shares of Walmart from $63.00 to $70.00 and gave the company an “outperform” rating in a research note on Friday, May 17th. DA Davidson boosted their target price on Walmart from $75.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 16th. Finally, Robert W. Baird lifted their price target on Walmart from $65.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $78.64.

Walmart 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.