Gamco Investors INC. ET AL Sells 1,682 Shares of Walmart Inc. (NYSE:WMT)

Gamco Investors INC. ET AL trimmed its position in shares of Walmart Inc. (NYSE:WMTGet Rating) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,083 shares of the retailer’s stock after selling 1,682 shares during the period. Gamco Investors INC. ET AL’s holdings in Walmart were worth $4,208,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Welch & Forbes LLC grew its position in Walmart by 4.2% during the 4th quarter. Welch & Forbes LLC now owns 144,223 shares of the retailer’s stock worth $20,867,000 after acquiring an additional 5,858 shares during the last quarter. Capital Investment Advisors LLC raised its holdings in Walmart by 3.2% in the 4th quarter. Capital Investment Advisors LLC now owns 29,550 shares of the retailer’s stock valued at $4,276,000 after buying an additional 924 shares during the last quarter. Wealth Quarterback LLC boosted its position in Walmart by 422.3% during the 3rd quarter. Wealth Quarterback LLC now owns 44,234 shares of the retailer’s stock worth $1,087,000 after buying an additional 35,765 shares during the period. Kavar Capital Partners Group LLC grew its holdings in Walmart by 6.2% during the 4th quarter. Kavar Capital Partners Group LLC now owns 23,914 shares of the retailer’s stock worth $3,460,000 after acquiring an additional 1,397 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in Walmart by 7.1% in the 3rd quarter. Captrust Financial Advisors now owns 560,494 shares of the retailer’s stock valued at $78,122,000 after acquiring an additional 37,296 shares during the period. 30.79% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO C Douglas Mcmillon sold 9,708 shares of the stock in a transaction dated Thursday, February 24th. The shares were sold at an average price of $134.78, for a total transaction of $1,308,444.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director S Robson Walton sold 128,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 9th. The shares were sold at an average price of $139.70, for a total value of $17,881,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,411,690 shares of company stock valued at $193,321,410 over the last 90 days. 48.44% of the stock is currently owned by company insiders.

WMT has been the topic of several analyst reports. Bank of America reduced their price objective on shares of Walmart from $190.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, May 18th. Guggenheim decreased their price target on Walmart from $185.00 to $175.00 and set a “na” rating for the company in a research note on Wednesday, May 18th. The Goldman Sachs Group set a $160.00 price objective on Walmart in a research note on Wednesday, May 18th. Telsey Advisory Group reduced their target price on Walmart from $175.00 to $160.00 and set an “outperform” rating on the stock in a report on Wednesday, May 18th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of Walmart from $184.00 to $181.00 in a report on Monday, May 16th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Buy” and a consensus target price of $157.57.

WMT stock opened at $122.60 on Tuesday. The company has a market capitalization of $337.49 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 3.38 and a beta of 0.49. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.28 and a current ratio of 0.86. Walmart Inc. has a one year low of $117.27 and a one year high of $160.77. The company’s 50 day moving average price is $148.49 and its two-hundred day moving average price is $143.67.

Walmart (NYSE:WMTGet Rating) last issued its earnings results on Tuesday, May 17th. The retailer reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.18). Walmart had a return on equity of 19.05% and a net margin of 2.26%. The business had revenue of $141.60 billion during the quarter, compared to analysts’ expectations of $138.05 billion. During the same quarter in the previous year, the business earned $1.69 EPS. Walmart’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, research analysts predict that Walmart Inc. will post 6.4 EPS for the current year.

Walmart Profile (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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