Thompson Siegel & Walmsley LLC Has $9.58 Million Holdings in Walmart Inc. (NYSE:WMT)

Thompson Siegel & Walmsley LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,663 shares of the retailer’s stock after purchasing an additional 1,257 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Walmart were worth $9,582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Oxbow Advisors LLC boosted its holdings in shares of Walmart by 45.0% in the third quarter. Oxbow Advisors LLC now owns 28,453 shares of the retailer’s stock valued at $2,298,000 after buying an additional 8,834 shares during the period. Crossmark Global Holdings Inc. grew its position in shares of Walmart by 21.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 587,001 shares of the retailer’s stock valued at $47,400,000 after acquiring an additional 105,430 shares during the period. Whalerock Point Partners LLC grew its stake in Walmart by 213.5% in the 1st quarter. Whalerock Point Partners LLC now owns 29,613 shares of the retailer’s stock valued at $1,782,000 after buying an additional 20,167 shares during the last quarter. WFA Asset Management Corp increased its position in Walmart by 201.0% during the first quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer’s stock worth $126,000 after acquiring an additional 1,397 shares during the period. Finally, Principal Financial Group Inc. increased its position in shares of Walmart by 14.9% in the third quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer’s stock worth $503,517,000 after purchasing an additional 809,352 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 1.3 %

WMT stock opened at $88.32 on Friday. The firm has a market cap of $709.94 billion, a PE ratio of 36.25, a price-to-earnings-growth ratio of 4.33 and a beta of 0.51. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $88.64. The firm has a fifty day moving average price of $81.92 and a 200 day moving average price of $73.54. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.22 and a current ratio of 0.85.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Walmart from $81.00 to $83.00 and gave the stock an “overweight” rating in a report on Friday, August 16th. Stifel Nicolaus lifted their target price on Walmart from $85.00 to $89.00 and gave the company a “hold” rating in a report on Wednesday. Telsey Advisory Group boosted their target price on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday. Robert W. Baird raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $91.49.

Insider Buying and Selling at Walmart

In other news, major shareholder Alice L. Walton sold 2,375,563 shares of Walmart stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $76.96, for a total transaction of $182,823,328.48. Following the completion of the sale, the insider now owns 619,646,544 shares of the company’s stock, valued at approximately $47,687,998,026.24. The trade was a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $80.64, for a total value of $2,348,559.36. Following the completion of the transaction, the chief executive officer now directly owns 3,873,053 shares in the company, valued at approximately $312,322,993.92. This trade represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,337,337 shares of company stock worth $958,823,647 over the last 90 days. Company insiders own 45.58% of the company’s stock.

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.