Walmart Inc. (NYSE:WMT) EVP Marc E. Lore sold 85,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The stock was sold at an average price of $144.55, for a total transaction of $12,286,750.00. Following the completion of the sale, the executive vice president now directly owns 1,610,399 shares of the company’s stock, valued at approximately $232,783,175.45. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of WMT opened at $144.71 on Friday. The company has a market capitalization of $410.07 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 4.60 and a beta of 0.28. Walmart Inc. has a 52 week low of $102.00 and a 52 week high of $151.33. The stock’s 50-day moving average price is $139.94 and its 200-day moving average price is $129.14. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 0.56.

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

A number of brokerages recently commented on WMT. MKM Partners assumed coverage on shares of Walmart in a research note on Wednesday, July 29th. They issued a “neutral” rating and a $147.00 price objective for the company. UBS Group set a $148.00 price target on Walmart and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Cowen reaffirmed a “buy” rating and set a $155.00 price objective on shares of Walmart in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $144.00 target price (up from $142.00) on shares of Walmart in a report on Wednesday, August 19th. Finally, Cfra reissued a “buy” rating and set a $145.00 price target on shares of Walmart in a research report on Thursday, July 16th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-seven have given a buy rating to the company’s stock. Walmart presently has an average rating of “Buy” and an average target price of $141.46.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Tatro Capital LLC grew its position in Walmart by 3.5% during the third quarter. Tatro Capital LLC now owns 2,209 shares of the retailer’s stock valued at $309,000 after buying an additional 74 shares during the period. Howland Capital Management LLC grew its holdings in shares of Walmart by 3.3% during the 2nd quarter. Howland Capital Management LLC now owns 2,431 shares of the retailer’s stock worth $291,000 after purchasing an additional 77 shares during the period. X Square Capital LLC grew its holdings in shares of Walmart by 2.6% during the 2nd quarter. X Square Capital LLC now owns 2,990 shares of the retailer’s stock worth $358,000 after purchasing an additional 77 shares during the period. BSW Wealth Partners increased its position in shares of Walmart by 3.6% during the 2nd quarter. BSW Wealth Partners now owns 2,207 shares of the retailer’s stock worth $264,000 after purchasing an additional 77 shares during the last quarter. Finally, Truvestments Capital LLC raised its holdings in Walmart by 2.0% in the 2nd quarter. Truvestments Capital LLC now owns 4,049 shares of the retailer’s stock valued at $484,000 after buying an additional 80 shares during the period. Hedge funds and other institutional investors own 29.34% of the company’s stock.

About Walmart

Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates in 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; ecommerce websites, such as walmart.com, walmart.com.mx, asda.com, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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