BayBridge Capital Group LLC boosted its position in Walmart Inc. (NYSE:WMT – Free Report) by 1.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 19,969 shares of the retailer’s stock after purchasing an additional 214 shares during the period. Walmart accounts for approximately 1.2% of BayBridge Capital Group LLC’s portfolio, making the stock its 14th biggest position. BayBridge Capital Group LLC’s holdings in Walmart were worth $1,612,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Liberty Wealth Management LLC acquired a new stake in Walmart during the first quarter worth about $270,000. Commerce Bank grew its stake in shares of Walmart by 189.4% during the 1st quarter. Commerce Bank now owns 917,625 shares of the retailer’s stock worth $55,213,000 after purchasing an additional 600,521 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Walmart by 290.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 270,065 shares of the retailer’s stock valued at $16,250,000 after purchasing an additional 200,947 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Walmart by 189.4% in the 1st quarter. Private Advisor Group LLC now owns 643,848 shares of the retailer’s stock valued at $38,740,000 after purchasing an additional 421,366 shares during the period. Finally, Sustainable Insight Capital Management LLC purchased a new stake in Walmart during the first quarter worth $723,000. Institutional investors and hedge funds own 26.76% of the company’s stock.
Insider Transactions at Walmart
In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the sale, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder S Robson Walton sold 4,057,369 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the sale, the insider now directly owns 611,988,318 shares in the company, valued at approximately $47,245,498,149.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,337,337 shares of company stock worth $958,784,857. 45.58% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Check Out Our Latest Report on Walmart
Walmart Stock Performance
NYSE:WMT opened at $82.51 on Friday. The company’s 50-day moving average is $79.09 and its two-hundred day moving average is $70.33. The firm has a market capitalization of $663.67 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 4.11 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $83.34.
Walmart (NYSE:WMT – Get Free Report) last released its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The firm had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 earnings per share. Analysts forecast that Walmart Inc. will post 2.44 EPS for the current year.
About Walmart
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.
Further Reading
- Five stocks we like better than Walmart
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Texas Roadhouse Stock Steering for New Highs This Year
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- What is a Bond Market Holiday? How to Invest and Trade
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT – Free Report).
Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.