Baystate Wealth Management LLC reduced its stake in shares of Walmart Inc (NYSE:WMT) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,861 shares of the retailer’s stock after selling 143 shares during the period. Baystate Wealth Management LLC’s holdings in Walmart were worth $1,660,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AXA raised its holdings in shares of Walmart by 32.0% during the first quarter. AXA now owns 341,251 shares of the retailer’s stock worth $38,773,000 after acquiring an additional 82,775 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its stake in shares of Walmart by 88.3% during the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 4,740 shares of the retailer’s stock worth $567,000 after purchasing an additional 2,223 shares in the last quarter. Colony Group LLC lifted its holdings in shares of Walmart by 36.3% during the 1st quarter. Colony Group LLC now owns 17,946 shares of the retailer’s stock valued at $2,039,000 after buying an additional 4,778 shares during the last quarter. Gofen & Glossberg LLC IL grew its stake in shares of Walmart by 24.3% in the 2nd quarter. Gofen & Glossberg LLC IL now owns 33,629 shares of the retailer’s stock valued at $4,028,000 after buying an additional 6,574 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its holdings in Walmart by 340.1% in the first quarter. Loomis Sayles & Co. L P now owns 10,166 shares of the retailer’s stock worth $1,155,000 after buying an additional 7,856 shares during the last quarter. 29.34% of the stock is currently owned by institutional investors and hedge funds.

In related news, major shareholder Alice L. Walton sold 752,085 shares of the stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $137.20, for a total value of $103,186,062.00. Following the completion of the transaction, the insider now owns 11,323,580 shares of the company’s stock, valued at $1,553,595,176. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Marc E. Lore sold 85,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $129.22, for a total transaction of $10,983,700.00. Following the transaction, the executive vice president now owns 1,858,073 shares of the company’s stock, valued at approximately $240,100,193.06. The disclosure for this sale can be found here. Insiders sold 1,011,690 shares of company stock valued at $138,850,587 over the last 90 days. 50.43% of the stock is currently owned by corporate insiders.

A number of analysts have issued reports on WMT shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $144.00 target price (up from $142.00) on shares of Walmart in a research report on Wednesday, August 19th. Tigress Financial reiterated a “hold” rating on shares of Walmart in a report on Tuesday, July 28th. UBS Group set a $148.00 target price on Walmart and gave the company a “buy” rating in a report on Wednesday, September 2nd. BMO Capital Markets boosted their price target on Walmart from $140.00 to $160.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. They noted that the move was a valuation call. Finally, Cfra reissued a “buy” rating and set a $145.00 price objective on shares of Walmart in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-seven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $141.46.

WMT stock opened at $144.71 on Friday. Walmart Inc has a twelve month low of $102.00 and a twelve month high of $151.33. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 0.56. The company has a market cap of $410.07 billion, a PE ratio of 23.08, a price-to-earnings-growth ratio of 4.60 and a beta of 0.28. The business’s 50-day simple moving average is $139.94 and its 200 day simple moving average is $129.14.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, August 18th. The retailer reported $1.56 EPS for the quarter, topping the Zacks’ consensus estimate of $1.25 by $0.31. Walmart had a return on equity of 19.13% and a net margin of 3.30%. The company had revenue of $137.70 billion during the quarter, compared to the consensus estimate of $133.77 billion. During the same quarter last year, the company earned $1.27 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, equities research analysts anticipate that Walmart Inc will post 5.28 EPS for the current year.

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, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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