Walmart Inc (WMT) Holdings Increased by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT raised its holdings in Walmart Inc (NYSE:WMT) by 10.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,266 shares of the retailer’s stock after acquiring an additional 1,168 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Walmart were worth $1,143,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in WMT. Ipswich Investment Management Co. Inc. purchased a new stake in shares of Walmart in the 4th quarter valued at about $26,000. Ironwood Financial llc purchased a new stake in shares of Walmart in the 4th quarter valued at about $26,000. Massey Quick Simon & CO. LLC purchased a new stake in shares of Walmart in the 4th quarter valued at about $28,000. Contravisory Investment Management Inc. purchased a new stake in shares of Walmart in the 4th quarter valued at about $41,000. Finally, New Capital Management LP raised its holdings in shares of Walmart by 18.0% in the 4th quarter. New Capital Management LP now owns 720 shares of the retailer’s stock valued at $67,000 after acquiring an additional 110 shares in the last quarter. 29.44% of the stock is currently owned by hedge funds and other institutional investors.

In other Walmart news, Director S Robson Walton sold 1,573,840 shares of the stock in a transaction that occurred on Wednesday, December 12th. The stock was sold at an average price of $93.81, for a total value of $147,641,930.40. Following the completion of the sale, the director now owns 3,347,254 shares in the company, valued at approximately $314,005,897.74. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Jacqueline P. Canney sold 4,026 shares of the stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $97.95, for a total value of $394,346.70. Following the completion of the sale, the insider now owns 53,250 shares of the company’s stock, valued at approximately $5,215,837.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,818,674 shares of company stock valued at $1,122,286,815. Company insiders own 51.11% of the company’s stock.

WMT opened at $97.94 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.22 and a current ratio of 0.81. Walmart Inc has a 1 year low of $81.78 and a 1 year high of $106.21. The company has a market cap of $288.85 billion, a P/E ratio of 22.16, a P/E/G ratio of 3.97 and a beta of 0.32.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, November 15th. The retailer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. Walmart had a return on equity of 18.36% and a net margin of 1.01%. The business had revenue of $124.89 billion for the quarter, compared to analyst estimates of $124.86 billion. Research analysts forecast that Walmart Inc will post 4.83 earnings per share for the current fiscal year.

Several equities analysts have recently commented on WMT shares. MKM Partners reduced their price objective on Walmart from $107.00 to $105.00 in a research report on Monday, October 22nd. Raymond James reiterated a “buy” rating and set a $105.00 price objective on shares of Walmart in a research report on Monday, November 19th. Stephens set a $117.00 price objective on Walmart and gave the company a “buy” rating in a research report on Friday, November 16th. Citigroup increased their price objective on Walmart from $113.00 to $116.00 and gave the company a “buy” rating in a research report on Friday, November 16th. Finally, Deutsche Bank increased their price objective on Walmart from $112.00 to $116.00 and gave the company a “buy” rating in a research report on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target 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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