Trilogy Capital Inc. Sells 142 Shares of Walmart Inc. (NYSE:WMT)

Trilogy Capital Inc. lessened its stake in shares of Walmart Inc. (NYSE:WMT) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,844 shares of the retailer’s stock after selling 142 shares during the quarter. Trilogy Capital Inc.’s holdings in Walmart were worth $714,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WMT. Murphy Pohlad Asset Management LLC raised its position in shares of Walmart by 200.0% in the first quarter. Murphy Pohlad Asset Management LLC now owns 19,080 shares of the retailer’s stock valued at $1,148,000 after purchasing an additional 12,720 shares during the period. Game Plan Financial Advisors LLC raised its holdings in Walmart by 102.2% in the 1st quarter. Game Plan Financial Advisors LLC now owns 6,439 shares of the retailer’s stock worth $387,000 after acquiring an additional 3,254 shares during the period. Northwest Investment Counselors LLC lifted its position in Walmart by 194.0% during the 1st quarter. Northwest Investment Counselors LLC now owns 70,001 shares of the retailer’s stock worth $4,212,000 after acquiring an additional 46,193 shares during the last quarter. First PREMIER Bank lifted its position in Walmart by 196.2% during the 1st quarter. First PREMIER Bank now owns 29,157 shares of the retailer’s stock worth $1,754,000 after acquiring an additional 19,313 shares during the last quarter. Finally, CHICAGO TRUST Co NA boosted its holdings in Walmart by 178.9% during the first quarter. CHICAGO TRUST Co NA now owns 15,522 shares of the retailer’s stock valued at $934,000 after acquiring an additional 9,956 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on WMT shares. JPMorgan Chase & Co. boosted their price objective on Walmart from $81.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. DA Davidson upped their price target on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Morgan Stanley raised their price objective on shares of Walmart from $75.00 to $82.00 and gave the stock an “overweight” rating in a research note on Friday, August 16th. Roth Mkm upped their target price on shares of Walmart from $71.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Finally, Citigroup increased their price target on shares of Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a report on Friday, September 27th. One analyst has rated the stock with a hold rating, twenty-eight have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Buy” and a consensus price target of $82.96.

Walmart Trading Down 0.6 %

Shares of Walmart stock opened at $80.81 on Tuesday. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $81.82. The stock has a market capitalization of $650.00 billion, a P/E ratio of 34.53, a price-to-earnings-growth ratio of 4.07 and a beta of 0.51. The company has a 50-day simple moving average of $78.14 and a 200 day simple moving average of $69.83. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46.

Walmart (NYSE:WMT) last posted its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The company had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. Walmart’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 earnings per share. Research analysts expect that Walmart Inc. will post 2.44 earnings per share for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $70.61, for a total transaction of $2,056,445.64. Following the sale, the chief executive officer now owns 3,931,301 shares in the company, valued at approximately $277,589,163.61. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $70.60, for a total transaction of $926,625.00. Following the transaction, the executive vice president now directly owns 632,415 shares in the company, valued at approximately $44,648,499. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $70.61, for a total transaction of $2,056,445.64. Following the sale, the chief executive officer now directly owns 3,931,301 shares in the company, valued at $277,589,163.61. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,337,337 shares of company stock worth $958,267,901. 45.58% of the stock is currently owned by insiders.

Walmart 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.