Walmart Inc (WMT) Shares Bought by Stone Ridge Asset Management LLC

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Stone Ridge Asset Management LLC boosted its position in Walmart Inc (NYSE:WMT) by 15.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 307,930 shares of the retailer’s stock after purchasing an additional 42,329 shares during the quarter. Walmart makes up approximately 1.8% of Stone Ridge Asset Management LLC’s investment portfolio, making the stock its 4th largest holding. Stone Ridge Asset Management LLC’s holdings in Walmart were worth $28,684,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WMT. Oregon Public Employees Retirement Fund raised its holdings in Walmart by 2,899.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 14,543,323 shares of the retailer’s stock worth $156,000 after purchasing an additional 14,058,442 shares in the last quarter. AQR Capital Management LLC raised its holdings in Walmart by 27.2% in the third quarter. AQR Capital Management LLC now owns 12,208,910 shares of the retailer’s stock worth $1,146,539,000 after purchasing an additional 2,608,732 shares in the last quarter. Geode Capital Management LLC raised its holdings in Walmart by 9.2% in the fourth quarter. Geode Capital Management LLC now owns 18,148,619 shares of the retailer’s stock worth $1,687,500,000 after purchasing an additional 1,532,362 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Walmart by 493.9% in the fourth quarter. Acadian Asset Management LLC now owns 1,732,659 shares of the retailer’s stock worth $161,400,000 after purchasing an additional 1,440,922 shares in the last quarter. Finally, Vanguard Group Inc raised its holdings in Walmart by 0.9% in the third quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after purchasing an additional 1,110,593 shares in the last quarter. Institutional investors and hedge funds own 28.94% of the company’s stock.

Shares of NYSE WMT opened at $102.93 on Wednesday. The company has a market capitalization of $303.44 billion, a P/E ratio of 20.96, a PEG ratio of 4.71 and a beta of 0.34. Walmart Inc has a 52 week low of $81.78 and a 52 week high of $106.21. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.23 and a current ratio of 0.80.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, February 19th. The retailer reported $1.41 EPS for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.08. The firm had revenue of $137.74 billion for the quarter, compared to analyst estimates of $137.63 billion. Walmart had a return on equity of 18.60% and a net margin of 1.30%. Walmart’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.33 earnings per share. Sell-side analysts predict that Walmart Inc will post 4.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 10th will be given a $0.53 dividend. The ex-dividend date is Thursday, May 9th. This represents a $2.12 dividend on an annualized basis and a yield of 2.06%. Walmart’s dividend payout ratio is currently 43.18%.

In other Walmart news, insider John R. Furner sold 10,427 shares of the company’s stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $101.81, for a total value of $1,061,572.87. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Jacqueline P. Canney sold 980 shares of the company’s stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $99.03, for a total value of $97,049.40. Following the completion of the sale, the executive vice president now owns 54,588 shares in the company, valued at approximately $5,405,849.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,240,978 shares of company stock worth $1,406,078,670. 51.11% of the stock is owned by insiders.

A number of brokerages have commented on WMT. Credit Suisse Group reiterated a “neutral” rating and issued a $103.00 target price on shares of Walmart in a report on Wednesday, February 20th. Barclays reiterated a “buy” rating and issued a $113.00 target price on shares of Walmart in a report on Wednesday, February 20th. Morgan Stanley set a $113.00 target price on shares of Walmart and gave the stock an “overweight” rating in a report on Wednesday, February 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $108.00 target price on shares of Walmart in a report on Wednesday, February 20th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $115.00 target price on shares of Walmart in a report on Thursday, February 21st. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and seventeen have given a buy rating to the company’s stock. Walmart presently has an average rating of “Hold” and a consensus target price of $105.82.

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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, shoes.com, and samsclub.com; and mobile commerce applications.

See Also: Derivative

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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