Kampmann Melissa S. Reduces Holdings in Walmart Inc. (NYSE:WMT)

Kampmann Melissa S. lessened its position in Walmart Inc. (NYSE:WMT) by 0.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,582 shares of the retailer’s stock after selling 168 shares during the period. Walmart comprises about 3.4% of Kampmann Melissa S.’s portfolio, making the stock its 9th largest holding. Kampmann Melissa S.’s holdings in Walmart were worth $4,644,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of WMT. EntryPoint Capital LLC bought a new stake in Walmart in the 1st quarter valued at $25,000. Northwest Capital Management Inc raised its position in shares of Walmart by 199.3% in the first quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock valued at $26,000 after purchasing an additional 293 shares during the period. TruNorth Capital Management LLC lifted its stake in shares of 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 during the last quarter. Cultivar Capital Inc. bought a new stake in shares of Walmart during the 2nd quarter worth about $29,000. Finally, Able Wealth Management LLC bought a new position in Walmart in the 4th quarter valued at about $30,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares of the company’s stock, valued at $37,113,904.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Walmart news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $69.19, for a total transaction of $207,570.00. Following the transaction, the executive vice president now directly owns 387,165 shares of the company’s stock, valued at approximately $26,787,946.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 2,063 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $80.76, for a total value of $166,607.88. Following the completion of the sale, the executive vice president now directly owns 459,558 shares of the company’s stock, valued at approximately $37,113,904.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,292,421 shares of company stock worth $954,612,818. 45.58% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WMT has been the subject of a number of research analyst reports. HSBC boosted their price objective on Walmart from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, June 11th. Deutsche Bank Aktiengesellschaft upped their price objective on Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a report on Friday, August 16th. TD Cowen lifted their target price on Walmart from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Royal Bank of Canada upped their price target on shares of Walmart from $74.00 to $80.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $80.00 price objective on shares of Walmart in a research note on Friday, August 16th. One equities research analyst has rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $80.96.

Walmart Trading Down 0.2 %

Shares of Walmart stock opened at $79.78 on Monday. The firm has a market capitalization of $641.29 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 4.00 and a beta of 0.51. The company has a current ratio of 0.80, a quick ratio of 0.22 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $74.44 and its 200 day moving average is $67.57. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $81.60.

Walmart (NYSE:WMT) last announced its quarterly earnings results 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 net margin of 2.34% and a return on equity of 21.72%. The company had revenue of $169.30 billion during the quarter, compared to the consensus estimate of $168.56 billion. During the same period in the prior year, the business earned $0.61 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. Equities research analysts forecast that Walmart Inc. will post 2.44 earnings per share for the current fiscal year.

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.