Walmart Inc. (NYSE:WMT) Shares Sold by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC decreased its holdings in Walmart Inc. (NYSE:WMT) by 1.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 47,896 shares of the retailer’s stock after selling 873 shares during the period. Walmart makes up about 1.1% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 23rd largest position. Silverleafe Capital Partners LLC’s holdings in Walmart were worth $3,243,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. EntryPoint Capital LLC acquired a new position in Walmart during the 1st quarter worth $25,000. Northwest Capital Management Inc grew its position in shares of Walmart by 199.3% in the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after acquiring an additional 293 shares in the last quarter. TruNorth Capital Management LLC grew its position in shares of Walmart by 138.3% in the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after acquiring an additional 249 shares in the last quarter. Cultivar Capital Inc. acquired a new position in Walmart in the second quarter worth $29,000. Finally, Partnership Wealth Management LLC bought a new stake in Walmart during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.2 %

NYSE:WMT traded up $0.12 on Friday, hitting $75.70. 12,299,093 shares of the stock were exchanged, compared to its average volume of 18,978,366. 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 Inc. has a 52 week low of $49.85 and a 52 week high of $76.22. The stock has a market capitalization of $608.90 billion, a price-to-earnings ratio of 32.40, a P/E/G ratio of 3.79 and a beta of 0.50. The company’s 50-day moving average price is $69.68 and its 200 day moving average price is $63.98.

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

Insider Buying and Selling at Walmart

In related news, Director S Robson Walton sold 1,562,239 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $65.00, for a total transaction of $101,545,535.00. Following the sale, the director now owns 642,949,611 shares of the company’s stock, valued at approximately $41,791,724,715. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, EVP John D. Rainey sold 25,578 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $65.48, for a total transaction of $1,674,847.44. Following the sale, the executive vice president now owns 415,743 shares in the company, valued at $27,222,851.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director S Robson Walton sold 1,562,239 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $65.00, for a total value of $101,545,535.00. Following the transaction, the director now directly owns 642,949,611 shares in the company, valued at approximately $41,791,724,715. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,827,328 shares of company stock valued at $584,261,549. Corporate insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Truist Financial raised their target price on Walmart from $64.00 to $76.00 and gave the company a “hold” rating in a research report on Friday, August 16th. Guggenheim upped their price target on shares of Walmart from $75.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. HSBC raised their price objective on shares of Walmart from $70.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Finally, Citigroup raised their target price on shares of Walmart from $63.33 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Two equities research 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. Based on data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average price target of $78.64.

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.