Entropy Technologies LP bought a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 92,098 shares of the retailer's stock, valued at approximately $8,085,000. Walmart makes up about 0.8% of Entropy Technologies LP's holdings, making the stock its 16th biggest holding.
Other hedge funds have also recently modified their holdings of the company. Whelan Financial increased its stake in shares of Walmart by 2.3% during the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after purchasing an additional 97 shares during the last quarter. Bedel Financial Consulting Inc. increased its stake in shares of Walmart by 0.4% during the 1st quarter. Bedel Financial Consulting Inc. now owns 25,915 shares of the retailer's stock worth $2,275,000 after purchasing an additional 102 shares during the last quarter. Scott & Selber Inc. grew its stake in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC grew its stake in Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after buying an additional 105 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC grew its stake in Walmart by 1.8% in the 1st quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after buying an additional 106 shares in the last quarter. Institutional investors own 26.76% of the company's stock.
Walmart Price Performance
Shares of NYSE WMT traded up $0.65 during mid-day trading on Friday, reaching $103.77. 12,392,140 shares of the company were exchanged, compared to its average volume of 13,978,248. Walmart Inc. has a 52 week low of $67.14 and a 52 week high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $828.13 billion, a PE ratio of 44.35, a PEG ratio of 4.99 and a beta of 0.66. The company's 50 day moving average price is $97.30 and its 200 day moving average price is $95.39.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The company had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the previous year, the firm posted $0.60 EPS. The firm's revenue was up 2.5% compared to the same quarter last year. Sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Sanford C. Bernstein reiterated an "outperform" rating on shares of Walmart in a research note on Monday, May 5th. DA Davidson reiterated a "buy" rating and issued a $117.00 price objective on shares of Walmart in a research note on Friday, May 16th. Oppenheimer lifted their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Telsey Advisory Group reiterated an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research note on Monday, June 9th. Finally, Robert W. Baird lifted their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. One analyst has rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $106.67.
Read Our Latest Stock Analysis on WMT
Insiders Place Their Bets
In other Walmart news, EVP Daniel J. Bartlett sold 1,744 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $95.60, for a total value of $166,726.40. Following the completion of the sale, the executive vice president directly owned 649,233 shares of the company's stock, valued at $62,066,674.80. The trade was a 0.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $95.14, for a total transaction of $1,248,712.50. Following the completion of the sale, the executive vice president directly owned 932,313 shares of the company's stock, valued at $88,700,258.82. This represents a 1.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 146,112 shares of company stock valued at $14,080,073 over the last three months. 0.10% of the stock is currently owned by company insiders.
Walmart Company Profile
(
Free Report)
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.
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