WINTON GROUP Ltd raised its holdings in shares of Walmart Inc (NYSE:WMT) by 52.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 168,894 shares of the retailer’s stock after acquiring an additional 58,421 shares during the quarter. WINTON GROUP Ltd’s holdings in Walmart were worth $15,861,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Walmart during the second quarter worth $1,761,000. Bridgewater Associates LP acquired a new position in shares of Walmart during the second quarter worth $14,408,000. Sound Income Strategies LLC lifted its position in shares of Walmart by 31.2% during the third quarter. Sound Income Strategies LLC now owns 16,091 shares of the retailer’s stock worth $1,511,000 after purchasing an additional 3,825 shares in the last quarter. RB Capital Management LLC acquired a new position in shares of Walmart during the second quarter worth $271,000. Finally, Charles Schwab Investment Advisory Inc. acquired a new position in shares of Walmart during the second quarter worth $265,661,000. 29.37% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:WMT opened at $103.04 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.34. The firm has a market capitalization of $312.71 billion, a P/E ratio of 23.50, a P/E/G ratio of 4.36 and a beta of 0.35. Walmart Inc has a 12-month low of $81.78 and a 12-month high of $109.98.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 16th. The retailer reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.07. Walmart had a net margin of 1.02% and a return on equity of 18.16%. The firm had revenue of $127.06 billion during the quarter, compared to analyst estimates of $124.67 billion. During the same quarter in the previous year, the firm earned $1.08 earnings per share. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. Equities research analysts predict that Walmart Inc will post 4.77 earnings per share for the current year.

In other Walmart news, Director S Robson Walton sold 807,654 shares of the business’s stock in a transaction on Thursday, September 27th. The shares were sold at an average price of $94.46, for a total transaction of $76,290,996.84. Following the completion of the sale, the director now owns 3,347,254 shares in the company, valued at $316,181,612.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP M. Brett Biggs sold 18,421 shares of the business’s stock in a transaction on Thursday, August 30th. The shares were sold at an average price of $96.14, for a total transaction of $1,770,994.94. Following the sale, the executive vice president now owns 185,557 shares of the company’s stock, valued at approximately $17,839,449.98. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,199,130 shares of company stock valued at $976,228,654. 51.11% of the stock is owned by insiders.

A number of research analysts have recently commented on the stock. Morningstar set a $96.00 target price on shares of Walmart and gave the stock a “sell” rating in a research report on Thursday, November 8th. Cowen boosted their target price on shares of Walmart from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, October 29th. MKM Partners reduced their target price on shares of Walmart from $107.00 to $105.00 in a research report on Monday, October 22nd. Raymond James reissued a “buy” rating and set a $105.00 target price on shares of Walmart in a research report on Thursday, October 18th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $103.00 target price on shares of Walmart in a research report on Wednesday, October 17th. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. Walmart currently has an average rating of “Buy” and an average target price of $103.16.

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Walmart 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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