Thompson Siegel & Walmsley LLC Has $10.83 Million Holdings in Wal-Mart Stores, Inc. (WMT)

Thompson Siegel & Walmsley LLC cut its holdings in shares of Wal-Mart Stores, Inc. (NYSE:WMT) by 0.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 143,032 shares of the retailer’s stock after selling 1,125 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Wal-Mart Stores were worth $10,825,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of WMT. Winfield Associates Inc. lifted its stake in Wal-Mart Stores by 5.8% in the 2nd quarter. Winfield Associates Inc. now owns 1,373 shares of the retailer’s stock valued at $104,000 after buying an additional 75 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in Wal-Mart Stores by 3.3% in the 2nd quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 1,429 shares of the retailer’s stock valued at $108,000 after buying an additional 45 shares in the last quarter. TrimTabs Asset Management LLC lifted its stake in Wal-Mart Stores by 89.2% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,476 shares of the retailer’s stock valued at $106,000 after buying an additional 696 shares in the last quarter. Hudock Capital Group LLC lifted its stake in Wal-Mart Stores by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock valued at $139,000 after buying an additional 7 shares in the last quarter. Finally, Kistler Tiffany Companies LLC lifted its stake in Wal-Mart Stores by 124.2% in the 2nd quarter. Kistler Tiffany Companies LLC now owns 1,910 shares of the retailer’s stock valued at $145,000 after buying an additional 1,058 shares in the last quarter. Hedge funds and other institutional investors own 30.12% of the company’s stock.

In other news, major shareholder Alice L. Walton sold 474,042 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $80.04, for a total transaction of $37,942,321.68. Following the transaction, the insider now directly owns 10,048,580 shares in the company, valued at $804,288,343.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jacqueline P. Canney sold 1,586 shares of the business’s stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $79.00, for a total transaction of $125,294.00. Following the transaction, the insider now owns 21,125 shares in the company, valued at $1,668,875. The disclosure for this sale can be found here. Insiders sold 9,924,828 shares of company stock valued at $785,676,492 over the last ninety days. Corporate insiders own 51.39% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) opened at $91.09 on Wednesday. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $91.98. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.51. The company has a market cap of $272,100.00, a PE ratio of 20.85, a PEG ratio of 3.39 and a beta of 0.34.

Wal-Mart Stores (NYSE:WMT) last announced its earnings results on Thursday, August 17th. The retailer reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. Wal-Mart Stores had a net margin of 2.60% and a return on equity of 16.87%. The business had revenue of $123.40 billion during the quarter, compared to analysts’ expectations of $121.86 billion. During the same period in the prior year, the company earned $1.07 earnings per share. The business’s revenue was up 2.1% compared to the same quarter last year. sell-side analysts anticipate that Wal-Mart Stores, Inc. will post 4.37 EPS for the current fiscal year.

Wal-Mart Stores declared that its Board of Directors has authorized a stock repurchase program on Tuesday, October 10th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the retailer to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

WMT has been the topic of a number of research reports. Goldman Sachs Group, Inc. (The) set a $84.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Wednesday, July 26th. Bank of America Corporation set a $100.00 price target on shares of Wal-Mart Stores and gave the company a “buy” rating in a research note on Tuesday, October 10th. Zacks Investment Research raised shares of Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Thursday, October 12th. KeyCorp set a $100.00 target price on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Wednesday, October 11th. Finally, Robert W. Baird set a $90.00 target price on shares of Wal-Mart Stores and gave the stock a “buy” rating in a research note on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, nineteen have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $87.54.

COPYRIGHT VIOLATION NOTICE: This report was published by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this report can be accessed at https://transcriptdaily.com/2017/11/15/thompson-siegel-walmsley-llc-has-10-83-million-holdings-in-wal-mart-stores-inc-wmt-2.html.

Wal-Mart Stores Profile

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

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

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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

Leave a Reply