Walmart Inc. (NYSE:WMT) Shares Sold by Dupont Capital Management Corp

Dupont Capital Management Corp trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 215,790 shares of the retailer’s stock after selling 13,918 shares during the period. Walmart makes up approximately 1.8% of Dupont Capital Management Corp’s investment portfolio, making the stock its 12th largest holding. Dupont Capital Management Corp’s holdings in Walmart were worth $19,497,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the third quarter valued at approximately $26,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after buying an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new position in Walmart in the 4th quarter valued at approximately $32,000. Hoese & Co LLP bought a new stake in Walmart in the third quarter worth approximately $33,000. Finally, Livelsberger Financial Advisory bought a new stake in Walmart in the third quarter worth approximately $36,000. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the sale, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares in the company, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 97,928 shares of company stock valued at $8,978,123 over the last 90 days. 45.58% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. BMO Capital Markets upped their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Guggenheim upped their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Jefferies Financial Group increased their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Citigroup increased their target price on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, KeyCorp increased their target price on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.69.

Walmart Stock Performance

Shares of WMT stock opened at $93.75 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The company’s 50 day moving average price is $91.62 and its two-hundred day moving average price is $81.87. The company has a market capitalization of $753.12 billion, a P/E ratio of 38.47, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.51 earnings per share. On average, analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

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.