Walmart Inc (NYSE:WMT) Holdings Boosted by Farmers & Merchants Investments Inc.

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Farmers & Merchants Investments Inc. raised its stake in shares of Walmart Inc (NYSE:WMT) by 1.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,065 shares of the retailer’s stock after purchasing an additional 2,094 shares during the period. Walmart accounts for 1.1% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 20th biggest position. Farmers & Merchants Investments Inc.’s holdings in Walmart were worth $15,806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMT. Vanguard Group Inc lifted its stake in shares of Walmart by 0.9% in the third quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after buying an additional 1,110,593 shares in the last quarter. Wambolt & Associates LLC purchased a new position in shares of Walmart in the fourth quarter worth about $480,000. Royal London Asset Management Ltd. lifted its stake in shares of Walmart by 6.0% in the fourth quarter. Royal London Asset Management Ltd. now owns 604,641 shares of the retailer’s stock worth $55,706,000 after buying an additional 34,220 shares in the last quarter. Wagner Bowman Management Corp lifted its stake in shares of Walmart by 1.1% in the fourth quarter. Wagner Bowman Management Corp now owns 12,200 shares of the retailer’s stock worth $1,136,000 after buying an additional 130 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC increased its position in Walmart by 4.1% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,035 shares of the retailer’s stock worth $469,000 after purchasing an additional 199 shares during the last quarter. 29.79% of the stock is currently owned by institutional investors and hedge funds.

Shares of WMT opened at $107.52 on Tuesday. Walmart Inc has a 1-year low of $82.37 and a 1-year high of $107.78. The stock has a market cap of $304.09 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 4.65 and a beta of 0.36. The company has a quick ratio of 0.21, a current ratio of 0.77 and a debt-to-equity ratio of 0.89.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, May 16th. The retailer reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.11. Walmart had a net margin of 1.62% and a return on equity of 18.66%. The business had revenue of $122.95 billion during the quarter, compared to analysts’ expectations of $124.51 billion. During the same period last year, the business earned $1.14 earnings per share. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. As a group, equities research analysts predict that Walmart Inc will post 4.82 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on WMT shares. Zacks Investment Research cut shares of Walmart from a “buy” rating to a “hold” rating in a research report on Friday, May 17th. Daiwa Capital Markets upgraded shares of Walmart from a “neutral” rating to an “outperform” rating in a research report on Tuesday, May 21st. Wolfe Research cut shares of Walmart from a “peer perform” rating to an “underperform” rating in a research report on Wednesday, May 8th. Jefferies Financial Group raised their price objective on shares of Walmart from $117.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Citigroup raised their price objective on shares of Walmart from $116.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, February 21st. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and nineteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $108.26.

In related news, Director S Robson Walton sold 743,824 shares of Walmart stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $99.02, for a total value of $73,653,452.48. Following the completion of the transaction, the director now owns 3,347,379 shares in the company, valued at $331,457,468.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Alice L. Walton sold 1,649,023 shares of Walmart stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $98.88, for a total transaction of $163,055,394.24. Following the completion of the transaction, the insider now owns 8,872,375 shares of the company’s stock, valued at approximately $877,300,440. The disclosure for this sale can be found here. Insiders sold 11,674,015 shares of company stock valued at $1,172,639,093 in the last 90 days. Company insiders own 50.22% of the company’s stock.

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About Walmart

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, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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