CAPROCK Group Inc. Lowers Position in Walmart Inc (WMT)

CAPROCK Group Inc. lowered its stake in Walmart Inc (NYSE:WMT) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,851 shares of the retailer’s stock after selling 127 shares during the period. CAPROCK Group Inc.’s holdings in Walmart were worth $1,578,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC grew its holdings in Walmart by 27.2% during the 3rd quarter. AQR Capital Management LLC now owns 12,208,910 shares of the retailer’s stock worth $1,146,539,000 after acquiring an additional 2,608,732 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Walmart by 105.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,370,190 shares of the retailer’s stock worth $213,047,000 after acquiring an additional 1,215,122 shares during the period. Vanguard Group Inc grew its holdings in Walmart by 0.9% during the 3rd quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after acquiring an additional 1,110,593 shares during the period. Vanguard Group Inc. grew its holdings in Walmart by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after acquiring an additional 1,110,593 shares during the period. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of Walmart by 125.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 1,329,000 shares of the retailer’s stock valued at $124,806,000 after buying an additional 740,000 shares during the period. 29.44% of the stock is owned by institutional investors and hedge funds.

WMT opened at $96.20 on Tuesday. The firm has a market capitalization of $283.14 billion, a P/E ratio of 21.76, a P/E/G ratio of 3.97 and a beta of 0.32. Walmart Inc has a 12 month low of $81.78 and a 12 month high of $106.21. The company has a current ratio of 0.81, a quick ratio of 0.22 and a debt-to-equity ratio of 0.63.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, November 15th. The retailer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.02 by $0.06. Walmart had a net margin of 1.01% and a return on equity of 18.36%. The firm had revenue of $124.89 billion for the quarter, compared to analysts’ expectations of $124.86 billion. As a group, equities analysts forecast that Walmart Inc will post 4.83 EPS for the current year.

In other Walmart news, major shareholder Alice L. Walton sold 1,198,027 shares of the business’s stock in a transaction dated Monday, November 26th. The shares were sold at an average price of $95.20, for a total transaction of $114,052,170.40. Following the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $642,464,816. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Alice L. Walton sold 500 shares of the business’s stock in a transaction dated Monday, December 17th. The stock was sold at an average price of $92.00, for a total transaction of $46,000.00. Following the sale, the insider now directly owns 7,183,580 shares in the company, valued at $660,889,360. The disclosure for this sale can be found here. Insiders have sold a total of 11,818,674 shares of company stock worth $1,122,286,815 over the last three months. Insiders own 51.11% of the company’s stock.

WMT has been the subject of several research analyst reports. MKM Partners decreased their price target on shares of Walmart from $107.00 to $105.00 in a report on Monday, October 22nd. Guggenheim reissued a “buy” rating and issued a $110.00 price target on shares of Walmart in a report on Tuesday, October 16th. Raymond James reissued a “buy” rating and issued a $105.00 price target on shares of Walmart in a report on Thursday, October 18th. Stephens set a $117.00 price target on shares of Walmart and gave the company a “buy” rating in a report on Friday, November 16th. Finally, Citigroup boosted their price target on shares of Walmart from $113.00 to $116.00 and gave the company a “buy” rating in a report on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $104.62.

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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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