Schnieders Capital Management LLC lifted its holdings in shares of Walmart Inc (NYSE:WMT) by 15.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 23,857 shares of the retailer’s stock after buying an additional 3,180 shares during the quarter. Schnieders Capital Management LLC’s holdings in Walmart were worth $2,043,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Stelac Advisory Services LLC purchased a new position in Walmart during the first quarter worth about $126,000. KHP Capital LLC purchased a new position in Walmart during the first quarter worth about $142,000. Kiley Juergens Wealth Management LLC purchased a new position in Walmart during the second quarter worth about $165,000. Adviser Investments LLC raised its holdings in Walmart by 77.0% during the second quarter. Adviser Investments LLC now owns 1,935 shares of the retailer’s stock worth $166,000 after purchasing an additional 842 shares in the last quarter. Finally, Gradient Investments LLC purchased a new position in Walmart during the second quarter worth about $176,000. Institutional investors and hedge funds own 29.43% of the company’s stock.

Shares of Walmart stock opened at $94.59 on Friday. Walmart Inc has a 12-month low of $77.50 and a 12-month high of $109.98. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.34. The stock has a market capitalization of $284.30 billion, a price-to-earnings ratio of 20.16, a P/E/G ratio of 3.37 and a beta of 0.51.

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

In other news, Director S Robson Walton sold 760,377 shares of the firm’s stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $83.30, for a total transaction of $63,339,404.10. Following the completion of the transaction, the director now directly owns 3,347,254 shares of the company’s stock, valued at approximately $278,826,258.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Alice L. Walton sold 1,030,640 shares of the firm’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $96.65, for a total transaction of $99,611,356.00. Following the transaction, the insider now directly owns 6,748,580 shares of the company’s stock, valued at $652,250,257. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,730,786 shares of company stock valued at $632,528,709. Corporate insiders own 51.11% of the company’s stock.

WMT has been the subject of several analyst reports. Bank of America reissued a “buy” rating and set a $98.00 price target on shares of Walmart in a report on Friday, May 18th. Stifel Nicolaus reissued a “neutral” rating and set a $87.00 price target on shares of Walmart in a report on Friday, May 18th. Jefferies Financial Group reissued a “buy” rating and set a $106.00 price target on shares of Walmart in a report on Friday, May 18th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $87.00 price target on shares of Walmart in a report on Friday, May 18th. Finally, Sanford C. Bernstein cut their price target on shares of Walmart from $104.00 to $100.00 and set a “market perform” rating for the company in a report on Tuesday, May 29th. Twenty equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $100.95.

About Walmart

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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