Silvia Mccoll Wealth Management LLC Purchases 10,279 Shares of Walmart Inc. (NYSE:WMT)

Silvia Mccoll Wealth Management LLC lifted its position in shares of Walmart Inc. (NYSE:WMT) by 206.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,256 shares of the retailer’s stock after purchasing an additional 10,279 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Walmart were worth $925,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Norges Bank acquired a new stake in Walmart in the 4th quarter valued at $3,674,652,000. BlueSpruce Investments LP acquired a new stake in Walmart in the 4th quarter valued at $568,419,000. International Assets Investment Management LLC increased its stake in Walmart by 15,371.4% in the 4th quarter. International Assets Investment Management LLC now owns 3,511,225 shares of the retailer’s stock valued at $553,545,000 after buying an additional 3,488,530 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Walmart by 11.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,235,920 shares of the retailer’s stock valued at $3,190,194,000 after buying an additional 2,150,351 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Walmart by 207.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,279,715 shares of the retailer’s stock valued at $137,170,000 after buying an additional 1,537,828 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

Shares of Walmart stock opened at $68.07 on Wednesday. The company has a 50 day moving average of $64.22 and a 200-day moving average of $59.53. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $69.04. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. The company has a market cap of $547.52 billion, a PE ratio of 29.13, a price-to-earnings-growth ratio of 3.91 and a beta of 0.50.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company had revenue of $161.50 billion during the quarter, compared to the consensus estimate of $159.57 billion. During the same quarter in the prior year, the firm posted $0.49 EPS. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. As a group, equities research analysts forecast that Walmart Inc. will post 2.42 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In related news, major shareholder Alice L. Walton sold 1,132,123 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $65.02, for a total transaction of $73,610,637.46. Following the completion of the transaction, the insider now directly owns 647,371,888 shares in the company, valued at approximately $42,092,120,157.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, major shareholder Alice L. Walton sold 1,132,123 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $65.02, for a total transaction of $73,610,637.46. Following the completion of the transaction, the insider now directly owns 647,371,888 shares in the company, valued at approximately $42,092,120,157.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 3,633,800 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $66.80, for a total transaction of $242,737,840.00. Following the transaction, the insider now owns 636,898,811 shares of the company’s stock, valued at $42,544,840,574.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,525,340 shares of company stock valued at $953,023,399. Company insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. KeyCorp boosted their price objective on shares of Walmart from $63.00 to $75.00 and gave the stock an “overweight” rating in a research note on Friday, May 17th. Evercore ISI boosted their price objective on shares of Walmart from $72.00 to $73.00 and gave the stock an “outperform” rating in a research note on Thursday, June 20th. Tigress Financial boosted their price objective on shares of Walmart from $65.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. Telsey Advisory Group boosted their price objective on shares of Walmart from $70.00 to $75.00 and gave the stock an “outperform” rating in a research note on Monday, June 10th. Finally, Citigroup boosted their price objective on shares of Walmart from $63.33 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $70.47.

Walmart Company Profile

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.