Windward Capital Management Co. CA Raises Stock Holdings in Walmart Inc (NYSE:WMT)

Windward Capital Management Co. CA grew its stake in Walmart Inc (NYSE:WMT) by 11.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,458 shares of the retailer’s stock after acquiring an additional 2,576 shares during the quarter. Windward Capital Management Co. CA’s holdings in Walmart were worth $3,021,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Krane Funds Advisors LLC purchased a new position in Walmart during the second quarter valued at approximately $26,000. AllSquare Wealth Management LLC boosted its stake in shares of Walmart by 235.3% during the second quarter. AllSquare Wealth Management LLC now owns 285 shares of the retailer’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Mcmillion Capital Management Inc. purchased a new stake in shares of Walmart during the second quarter valued at $34,000. Litman Gregory Asset Management LLC purchased a new stake in shares of Walmart during the second quarter valued at $37,000. Finally, MRA Associates USA LLC purchased a new stake in Walmart in the second quarter worth about $37,000. Institutional investors and hedge funds own 30.11% of the company’s stock.

NYSE:WMT traded up $0.66 during trading hours on Tuesday, reaching $119.84. 281,885 shares of the stock were exchanged, compared to its average volume of 5,238,059. The company has a quick ratio of 0.21, a current ratio of 0.76 and a debt-to-equity ratio of 0.83. The firm has a 50 day simple moving average of $116.71 and a 200-day simple moving average of $108.88. Walmart Inc has a 52 week low of $85.78 and a 52 week high of $120.71. The stock has a market capitalization of $342.00 billion, a P/E ratio of 24.41, a P/E/G ratio of 5.17 and a beta of 0.40.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.05. Walmart had a return on equity of 18.23% and a net margin of 2.48%. The company had revenue of $130.40 billion for the quarter, compared to the consensus estimate of $129.32 billion. During the same quarter last year, the business posted $1.29 EPS. Walmart’s quarterly revenue was up 2.6% compared to the same quarter last year. As a group, analysts expect that Walmart Inc will post 4.92 earnings per share for the current year.

In other Walmart news, insider John R. Furner sold 7,900 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $114.72, for a total transaction of $906,288.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP David Chojnowski sold 3,680 shares of the stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $115.38, for a total value of $424,598.40. The disclosure for this sale can be found here. Company insiders own 50.22% of the company’s stock.

A number of analysts recently weighed in on WMT shares. JPMorgan Chase & Co. set a $115.00 price objective on shares of Walmart and gave the stock a “hold” rating in a research note on Friday, August 16th. Morgan Stanley increased their price target on shares of Walmart from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, September 5th. Bank of America reissued a “buy” rating and set a $135.00 price target (up from $120.00) on shares of Walmart in a research report on Friday, August 16th. Credit Suisse Group set a $105.00 price target on shares of Walmart and gave the company a “hold” rating in a research report on Thursday, August 15th. Finally, UBS Group set a $115.00 price target on shares of Walmart and gave the company a “hold” rating in a research report on Friday, August 16th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $116.09.

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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