Epoch Investment Partners Inc. Has $79.76 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Epoch Investment Partners Inc. cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 46.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 565,561 shares of the retailer’s stock after selling 481,103 shares during the period. Epoch Investment Partners Inc.’s holdings in Walmart were worth $79,756,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Private Portfolio Partners LLC boosted its position in Walmart by 2.0% during the 2nd quarter. Private Portfolio Partners LLC now owns 3,577 shares of the retailer’s stock worth $504,000 after buying an additional 70 shares during the period. Wimmer Associates 1 LLC boosted its position in Walmart by 1.8% during the 2nd quarter. Wimmer Associates 1 LLC now owns 4,024 shares of the retailer’s stock worth $567,000 after buying an additional 70 shares during the period. Fort Point Capital Partners LLC boosted its position in Walmart by 2.9% during the 2nd quarter. Fort Point Capital Partners LLC now owns 2,499 shares of the retailer’s stock worth $352,000 after buying an additional 71 shares during the period. GYL Financial Synergies LLC boosted its position in Walmart by 1.2% during the 2nd quarter. GYL Financial Synergies LLC now owns 6,222 shares of the retailer’s stock worth $877,000 after buying an additional 74 shares during the period. Finally, Grimes & Company Inc. boosted its position in Walmart by 2.0% during the 2nd quarter. Grimes & Company Inc. now owns 3,849 shares of the retailer’s stock worth $543,000 after buying an additional 74 shares during the period. Institutional investors and hedge funds own 30.22% of the company’s stock.

WMT has been the topic of a number of recent analyst reports. Cowen boosted their price target on shares of Walmart from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 18th. Morgan Stanley restated a “buy” rating and issued a $170.00 price target on shares of Walmart in a research report on Monday, August 30th. Raymond James boosted their price target on shares of Walmart from $165.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 18th. Zacks Investment Research downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $158.00 target price on the stock. in a research report on Wednesday, August 18th. Finally, Telsey Advisory Group boosted their target price on shares of Walmart from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, August 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and an average price target of $169.84.

Shares of NYSE WMT traded up $1.21 during trading on Thursday, hitting $139.58. The stock had a trading volume of 128,138 shares, compared to its average volume of 8,142,436. Walmart Inc. has a 12 month low of $126.28 and a 12 month high of $153.66. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.96 and a quick ratio of 0.38. The company has a market capitalization of $389.22 billion, a PE ratio of 39.16, a PEG ratio of 4.21 and a beta of 0.47. The firm has a fifty day moving average of $144.99 and a two-hundred day moving average of $141.76.

Walmart (NYSE:WMT) last posted its earnings results on Monday, August 16th. The retailer reported $1.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.57 by $0.21. Walmart had a net margin of 1.78% and a return on equity of 20.22%. The firm had revenue of $141 billion during the quarter, compared to analyst estimates of $136.07 billion. During the same quarter in the prior year, the business posted $1.56 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. On average, equities analysts expect that Walmart Inc. will post 6.3 earnings per share for the current fiscal year.

In related news, CEO C Douglas Mcmillon sold 9,708 shares of the stock in a transaction dated Thursday, September 23rd. The shares were sold at an average price of $143.27, for a total transaction of $1,390,865.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 637,141 shares of the stock in a transaction dated Wednesday, August 18th. The shares were sold at an average price of $150.64, for a total transaction of $95,978,920.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,212,124 shares of company stock valued at $1,213,033,182. Company insiders own 48.44% of the company’s stock.

Walmart Profile

Walmart, Inc engages in retail and wholesale business. The Company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam’s Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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