Sigma Planning Corp Has $5.03 Million Holdings in Walmart Inc (NYSE:WMT)

Sigma Planning Corp cut its position in Walmart Inc (NYSE:WMT) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,547 shares of the retailer’s stock after selling 782 shares during the quarter. Sigma Planning Corp’s holdings in Walmart were worth $5,032,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in Walmart by 9.2% in the 4th quarter. Geode Capital Management LLC now owns 18,148,619 shares of the retailer’s stock valued at $1,687,500,000 after buying an additional 1,532,362 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in Walmart by 7.7% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 20,253 shares of the retailer’s stock valued at $1,887,000 after buying an additional 1,455 shares during the last quarter. Stone Ridge Asset Management LLC boosted its position in Walmart by 15.9% in the 4th quarter. Stone Ridge Asset Management LLC now owns 307,930 shares of the retailer’s stock valued at $28,684,000 after buying an additional 42,329 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in Walmart in the 4th quarter valued at about $2,871,000. Finally, Samlyn Capital LLC boosted its position in Walmart by 101.3% in the 4th quarter. Samlyn Capital LLC now owns 214,622 shares of the retailer’s stock valued at $19,992,000 after buying an additional 107,995 shares during the last quarter. Institutional investors and hedge funds own 30.05% of the company’s stock.

A number of equities analysts have weighed in on WMT shares. Gordon Haskett raised shares of Walmart from a “hold” rating to an “accumulate” rating and set a $115.00 price objective for the company in a research report on Friday, May 17th. Bank of America set a $120.00 target price on shares of Walmart and gave the company a “buy” rating in a research note on Friday, May 17th. Loop Capital upped their target price on shares of Walmart to $115.00 and gave the company a “hold” rating in a research note on Tuesday, July 23rd. Sanford C. Bernstein upgraded shares of Walmart from a “market perform” rating to an “outperform” rating and set a $101.80 target price on the stock in a research note on Thursday, May 2nd. Finally, Jefferies Financial Group increased their price objective on shares of Walmart from $117.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $109.71.

In related news, insider Daniel J. Bartlett sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $109.14, for a total transaction of $327,420.00. Following the completion of the sale, the insider now directly owns 122,673 shares in the company, valued at $13,388,531.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Jim C. Walton sold 1,626,851 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $101.08, for a total transaction of $164,442,099.08. Following the sale, the insider now owns 17,502,080 shares of the company’s stock, valued at $1,769,110,246.40. The disclosure for this sale can be found here. Insiders sold 5,559,285 shares of company stock valued at $571,021,654 over the last quarter. Insiders own 51.11% of the company’s stock.

Shares of Walmart stock traded up $4.64 on Thursday, hitting $110.84. The company had a trading volume of 802,747 shares, compared to its average volume of 4,928,401. The business has a 50-day simple moving average of $111.31. The company has a current ratio of 0.77, a quick ratio of 0.21 and a debt-to-equity ratio of 0.89. The stock has a market cap of $300.29 billion, a P/E ratio of 22.58, a PEG ratio of 4.60 and a beta of 0.41. Walmart Inc has a 52 week low of $85.78 and a 52 week high of $115.49.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, August 15th. The retailer reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.05. The business had revenue of $130.40 billion during the quarter, compared to analysts’ expectations of $129.32 billion. Walmart had a net margin of 1.62% and a return on equity of 18.66%. The business’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm posted $1.29 earnings per share. On average, equities analysts expect that Walmart Inc will post 4.84 EPS for the current year.

Walmart 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, 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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