Mitchell Capital Management Co. lifted its position in Walmart Inc (NYSE:WMT) by 33.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,905 shares of the retailer’s stock after acquiring an additional 3,519 shares during the quarter. Mitchell Capital Management Co.’s holdings in Walmart were worth $1,191,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in WMT. BlackRock Inc. grew its stake in Walmart by 1.9% in the second quarter. BlackRock Inc. now owns 90,679,652 shares of the retailer’s stock valued at $7,766,712,000 after purchasing an additional 1,660,543 shares during the last quarter. Schwab Charles Investment Management Inc. grew its stake in Walmart by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 10,288,004 shares of the retailer’s stock valued at $881,168,000 after purchasing an additional 148,000 shares during the last quarter. Fisher Asset Management LLC grew its stake in Walmart by 4.5% in the second quarter. Fisher Asset Management LLC now owns 9,608,373 shares of the retailer’s stock valued at $822,957,000 after purchasing an additional 417,204 shares during the last quarter. Bank of Montreal Can purchased a new position in Walmart in the second quarter valued at about $624,899,000. Finally, Swiss National Bank grew its stake in Walmart by 2.0% in the second quarter. Swiss National Bank now owns 5,609,729 shares of the retailer’s stock valued at $480,473,000 after purchasing an additional 109,700 shares during the last quarter. Hedge funds and other institutional investors own 29.43% of the company’s stock.

Several equities analysts have issued reports on the company. Royal Bank of Canada set a $101.00 target price on Walmart and gave the company a “neutral” rating in a research note on Monday, September 3rd. Barclays reiterated a “buy” rating and issued a $110.00 target price on shares of Walmart in a research note on Tuesday, September 4th. Stifel Nicolaus reiterated a “neutral” rating and issued a $95.00 target price on shares of Walmart in a research note on Friday, August 17th. Morningstar set a $90.00 target price on Walmart and gave the company a “neutral” rating in a research note on Tuesday, June 26th. Finally, Credit Suisse Group set a $85.00 price target on Walmart and gave the stock a “hold” rating in a research note on Thursday, May 17th. Nineteen research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $100.89.

In related news, major shareholder Alice L. Walton sold 594,396 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $98.28, for a total value of $58,417,238.88. Following the sale, the insider now owns 6,748,580 shares in the company, valued at $663,250,442.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Alice L. Walton sold 1,308,176 shares of the company’s stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of $84.03, for a total value of $109,926,029.28. Following the completion of the sale, the insider now owns 6,748,580 shares in the company, valued at approximately $567,083,177.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,062,152 shares of company stock worth $639,573,872. 51.11% of the stock is owned by insiders.

Shares of NYSE WMT opened at $96.90 on Tuesday. The company has a market capitalization of $283.89 billion, a P/E ratio of 20.13, a PEG ratio of 3.37 and a beta of 0.51. Walmart Inc has a 52 week low of $77.50 and a 52 week high of $109.98. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.34 and a current ratio of 0.93.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, August 16th. The retailer reported $1.29 EPS for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.07. The firm had revenue of $127.06 billion for the quarter, compared to analyst estimates of $124.67 billion. Walmart had a return on equity of 18.16% and a net margin of 1.02%. Walmart’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.08 earnings per share. sell-side analysts predict that Walmart Inc will post 4.8 earnings per share for the current fiscal year.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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