Walmart Inc. (NYSE:WMT) Shares Sold by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc cut its stake in shares of Walmart Inc. (NYSE:WMT) by 4.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 124,458 shares of the retailer’s stock after selling 5,243 shares during the period. Walmart comprises approximately 3.1% of O Brien Greene & Co. Inc’s holdings, making the stock its 5th largest position. O Brien Greene & Co. Inc’s holdings in Walmart were worth $10,050,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Geller Advisors LLC grew its stake in shares of Walmart by 7.3% in the 3rd quarter. Geller Advisors LLC now owns 11,681 shares of the retailer’s stock valued at $943,000 after buying an additional 793 shares in the last quarter. SGL Investment Advisors Inc. bought a new stake in Walmart in the third quarter worth approximately $438,000. EWA LLC increased its stake in shares of Walmart by 5.4% during the 3rd quarter. EWA LLC now owns 8,306 shares of the retailer’s stock worth $702,000 after purchasing an additional 429 shares during the last quarter. Groupama Asset Managment lifted its stake in shares of Walmart by 18.5% in the 3rd quarter. Groupama Asset Managment now owns 416,208 shares of the retailer’s stock valued at $33,609,000 after purchasing an additional 64,995 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in Walmart by 25.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 2,539,869 shares of the retailer’s stock worth $205,094,000 after purchasing an additional 514,262 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.4 %

Shares of NYSE:WMT opened at $95.70 on Monday. The company’s fifty day moving average is $84.74 and its 200-day moving average is $76.08. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $96.18. The company has a market capitalization of $769.26 billion, a PE ratio of 39.27, a P/E/G ratio of 4.54 and a beta of 0.54.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping 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 firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities research analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $92.47, for a total transaction of $277,410.00. Following the completion of the sale, the executive vice president now directly owns 375,165 shares of the company’s stock, valued at approximately $34,691,507.55. The trade was a 0.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the transaction, the senior vice president now directly owns 87,404 shares in the company, valued at $7,993,095.80. This trade represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,243,091 shares of company stock valued at $257,591,179. 45.58% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

WMT has been the topic of several recent research reports. Guggenheim raised their target price on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Bank of America boosted their target price on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. KeyCorp lifted their price target on shares of Walmart from $88.00 to $96.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Evercore ISI upped their price objective on shares of Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, DA Davidson lifted their target price on shares of Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.11.

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.