Robeco Institutional Asset Management B.V. Has $114.23 Million Holdings in Walmart Inc (WMT)

Robeco Institutional Asset Management B.V. boosted its stake in Walmart Inc (NYSE:WMT) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,216,403 shares of the retailer’s stock after buying an additional 61,335 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Walmart were worth $114,233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Trust Co. of Vermont increased its holdings in shares of Walmart by 4.3% during the third quarter. Trust Co. of Vermont now owns 12,455 shares of the retailer’s stock valued at $1,170,000 after purchasing an additional 515 shares during the period. Crossvault Capital Management LLC increased its holdings in shares of Walmart by 2.3% during the third quarter. Crossvault Capital Management LLC now owns 24,790 shares of the retailer’s stock valued at $2,328,000 after purchasing an additional 550 shares during the period. Fluent Financial LLC increased its holdings in shares of Walmart by 2.6% during the third quarter. Fluent Financial LLC now owns 22,463 shares of the retailer’s stock valued at $2,110,000 after purchasing an additional 571 shares during the period. Wealth Alliance Advisory Group LLC increased its holdings in shares of Walmart by 4.6% during the third quarter. Wealth Alliance Advisory Group LLC now owns 13,329 shares of the retailer’s stock valued at $1,252,000 after purchasing an additional 583 shares during the period. Finally, Farmers & Merchants Investments Inc. increased its holdings in shares of Walmart by 0.4% during the second quarter. Farmers & Merchants Investments Inc. now owns 152,035 shares of the retailer’s stock valued at $13,022,000 after purchasing an additional 588 shares during the period. 29.42% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently weighed in on WMT. JPMorgan Chase & Co. raised their target price on Walmart to $108.00 and gave the company a “neutral” rating in a research note on Monday, October 8th. Deutsche Bank raised Walmart from a “hold” rating to a “buy” rating and raised their target price for the company from $89.00 to $113.00 in a research note on Tuesday, October 9th. BMO Capital Markets began coverage on Walmart in a research note on Monday, September 17th. They set an “outperform” rating and a $110.00 target price for the company. Wells Fargo & Co reaffirmed a “neutral” rating and set a $95.00 target price on shares of Walmart in a research note on Thursday, August 16th. Finally, Jefferies Financial Group set a $112.00 target price on Walmart and gave the company a “buy” rating in a research note on Monday, August 27th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Walmart presently has an average rating of “Buy” and an average target price of $103.16.

Shares of Walmart stock opened at $105.56 on Friday. The stock has a market capitalization of $309.04 billion, a P/E ratio of 21.92, a price-to-earnings-growth ratio of 4.31 and a beta of 0.35. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.34. Walmart Inc has a 1 year low of $81.78 and a 1 year high of $109.98.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 16th. The retailer reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.07. The firm had revenue of $127.06 billion during the quarter, compared to the consensus estimate of $124.67 billion. Walmart had a return on equity of 18.16% and a net margin of 1.02%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.08 EPS. On average, research analysts forecast that Walmart Inc will post 4.77 earnings per share for the current year.

In related news, major shareholder Alice L. Walton sold 594,396 shares of the stock in a transaction dated Friday, August 17th. The stock was sold at an average price of $98.28, for a total value of $58,417,238.88. Following the completion of the sale, the insider now directly owns 6,748,580 shares of the company’s stock, valued at approximately $663,250,442.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jacqueline P. Canney sold 1,575 shares of the stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $95.48, for a total value of $150,381.00. Following the completion of the sale, the insider now directly owns 57,276 shares of the company’s stock, valued at $5,468,712.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,199,130 shares of company stock valued at $976,228,654. Company insiders own 51.11% of the company’s stock.

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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, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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