Walmart Inc. (NYSE:WMT) Shares Sold by Leibman Financial Services Inc.

Leibman Financial Services Inc. decreased its position in Walmart Inc. (NYSE:WMT) by 2.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,897 shares of the retailer’s stock after selling 285 shares during the quarter. Leibman Financial Services Inc.’s holdings in Walmart were worth $880,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in WMT. Vanguard Group Inc. lifted its stake in Walmart by 199.4% during the 1st quarter. Vanguard Group Inc. now owns 411,745,334 shares of the retailer’s stock worth $24,774,717,000 after acquiring an additional 274,229,968 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Walmart by 181.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 56,861,234 shares of the retailer’s stock worth $3,421,342,000 after purchasing an additional 36,625,314 shares during the period. Legal & General Group Plc increased its stake in Walmart by 1.8% during the second quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer’s stock worth $2,456,704,000 after purchasing an additional 644,353 shares during the period. Raymond James & Associates lifted its position in shares of Walmart by 16.0% during the second quarter. Raymond James & Associates now owns 16,282,129 shares of the retailer’s stock worth $1,102,463,000 after purchasing an additional 2,246,656 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Walmart by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 16,184,945 shares of the retailer’s stock valued at $1,095,946,000 after purchasing an additional 834,005 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Up 0.8 %

NYSE WMT opened at $79.71 on Wednesday. Walmart Inc. has a one year low of $49.85 and a one year high of $81.60. The firm has a market cap of $640.73 billion, a PE ratio of 34.11, a P/E/G ratio of 4.05 and a beta of 0.51. The firm’s fifty day moving average is $75.67 and its two-hundred day moving average is $68.39. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80.

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

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 2,398 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $69.50, for a total transaction of $166,661.00. Following the completion of the transaction, the executive vice president now directly owns 463,871 shares of the company’s stock, valued at approximately $32,239,034.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder S Robson Walton sold 4,057,369 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $77.20, for a total transaction of $313,228,886.80. Following the transaction, the insider now directly owns 611,988,318 shares of the company’s stock, valued at $47,245,498,149.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 2,398 shares of the stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $69.50, for a total transaction of $166,661.00. Following the completion of the transaction, the executive vice president now owns 463,871 shares of the company’s stock, valued at $32,239,034.50. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,670 shares of company stock worth $958,267,937 over the last ninety days. 45.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WMT. Deutsche Bank Aktiengesellschaft upped their target price on shares of Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Morgan Stanley increased their price objective on Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. Wells Fargo & Company lifted their target price on Walmart from $81.00 to $88.00 and gave the company an “overweight” rating in a report on Monday, September 23rd. Tigress Financial upped their price target on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Finally, StockNews.com raised Walmart from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 16th. One analyst has rated the stock with a hold rating, twenty-eight have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Walmart currently has an average rating of “Buy” and an average price target of $81.96.

About Walmart

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.