HNP Capital LLC lifted its holdings in Walmart Inc (NYSE:WMT) by 5.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,627 shares of the retailer’s stock after acquiring an additional 1,676 shares during the period. Walmart makes up approximately 2.1% of HNP Capital LLC’s investment portfolio, making the stock its 13th largest position. HNP Capital LLC’s holdings in Walmart were worth $3,605,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Centric Wealth Management grew its stake in shares of Walmart by 6.6% in the second quarter. Centric Wealth Management now owns 5,224 shares of the retailer’s stock valued at $577,000 after acquiring an additional 322 shares in the last quarter. Sargent Investment Group LLC acquired a new stake in Walmart during the fourth quarter worth about $1,714,000. Archford Capital Strategies LLC grew its stake in Walmart by 7.4% during the fourth quarter. Archford Capital Strategies LLC now owns 43,008 shares of the retailer’s stock worth $4,006,000 after buying an additional 2,954 shares in the last quarter. CWM LLC grew its stake in Walmart by 100.9% during the first quarter. CWM LLC now owns 99,577 shares of the retailer’s stock worth $9,712,000 after buying an additional 50,003 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in Walmart by 6.6% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 445,340 shares of the retailer’s stock worth $41,483,000 after buying an additional 27,729 shares in the last quarter. Institutional investors and hedge funds own 29.93% of the company’s stock.

WMT has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of Horiba from a “hold” rating to a “sell” rating in a research note on Wednesday, May 22nd. Daiwa Capital Markets upgraded shares of Walmart from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 21st. Morgan Stanley initiated coverage on shares of in a research note on Monday, June 17th. They set an “equal weight” rating and a GBX 215 ($2.81) price objective on the stock. Citigroup reduced their price objective on shares of GrafTech International from $21.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday, April 1st. Finally, Jefferies Financial Group reduced their price objective on shares of Chemours from $48.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, June 10th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $109.56.

In related news, insider Daniel J. Bartlett sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $109.14, for a total value of $327,420.00. Following the completion of the transaction, the insider now owns 122,673 shares in the company, valued at approximately $13,388,531.22. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director S Robson Walton sold 1,322,329 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $102.04, for a total transaction of $134,930,451.16. Following the completion of the transaction, the director now owns 3,347,511 shares of the company’s stock, valued at approximately $341,580,022.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,559,285 shares of company stock valued at $571,021,654. 51.11% of the stock is owned by company insiders.

Shares of NYSE WMT opened at $113.02 on Friday. The firm has a 50 day simple moving average of $111.31. The company has a market cap of $322.64 billion, a price-to-earnings ratio of 23.02, a PEG ratio of 4.94 and a beta of 0.41. Walmart Inc has a 1 year low of $85.78 and a 1 year high of $115.49. The company has a current ratio of 0.77, a quick ratio of 0.21 and a debt-to-equity ratio of 0.89.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, May 16th. The retailer reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.11. The business had revenue of $122.95 billion during the quarter, compared to analyst estimates of $124.51 billion. Walmart had a net margin of 1.62% and a return on equity of 18.66%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business earned $1.14 EPS. Analysts predict that Walmart Inc will post 4.84 EPS for the current year.

Walmart Company Profile

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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