Slow Capital Inc. lessened its stake in shares of Walmart Inc (NYSE:WMT) by 3.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,522 shares of the retailer’s stock after selling 640 shares during the period. Slow Capital Inc.’s holdings in Walmart were worth $2,267,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Clarfeld Financial Advisors LLC purchased a new position in Walmart during the fourth quarter valued at approximately $25,000. C J Advisory Inc purchased a new position in Walmart during the first quarter valued at approximately $29,000. Mcmillion Capital Management Inc. purchased a new position in Walmart during the second quarter valued at approximately $34,000. Financial Gravity Wealth Inc. purchased a new position in Walmart in the first quarter worth $35,000. Finally, WP Advisors LLC purchased a new position in Walmart in the first quarter worth $37,000. 30.05% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on WMT shares. UBS Group lifted their price target on shares of Walmart from $105.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, May 17th. Bank of America set a $120.00 price target on shares of Walmart and gave the stock a “buy” rating in a report on Friday, May 17th. Jefferies Financial Group lifted their price target on shares of Walmart from $117.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, June 10th. Daiwa Capital Markets raised shares of Walmart from a “neutral” rating to an “outperform” rating in a report on Tuesday, May 21st. Finally, Zacks Investment Research raised shares of Walmart from a “hold” rating to a “buy” rating and set a $114.00 price target on the stock in a report on Wednesday, May 22nd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $109.56.

In related news, insider Daniel J. Bartlett sold 3,000 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $109.14, for a total transaction of $327,420.00. Following the completion of the transaction, the insider now directly owns 122,673 shares in the company, valued at $13,388,531.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Jim C. Walton sold 1,014,826 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $105.33, for a total transaction of $106,891,622.58. Following the transaction, the insider now owns 17,502,080 shares of the company’s stock, valued at $1,843,494,086.40. The disclosure for this sale can be found here. Insiders have sold 5,559,285 shares of company stock valued at $571,021,654 over the last 90 days. 50.22% of the stock is currently owned by insiders.

NYSE WMT traded up $2.23 on Tuesday, reaching $107.45. 360,865 shares of the company’s stock traded hands, compared to its average volume of 4,805,763. The stock has a market cap of $306.25 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 4.69 and a beta of 0.41. The business has a 50 day moving average of $111.46. Walmart Inc has a fifty-two week low of $85.78 and a fifty-two week high of $115.49. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.21 and a current ratio of 0.77.

Walmart (NYSE:WMT) last posted its earnings results 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 company had revenue of $122.95 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the firm posted $1.14 earnings per share. On average, analysts expect that Walmart Inc will post 4.84 EPS for the current fiscal year.

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.

Featured Story: What is Compound Interest?

Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc (NYSE:WMT).

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.