Sigma Planning Corp Has $10.48 Million Holdings in Walmart Inc. (NYSE:WMT)

Sigma Planning Corp decreased its position in shares of Walmart Inc. (NYSE:WMT) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,776 shares of the retailer’s stock after selling 4,643 shares during the quarter. Sigma Planning Corp’s holdings in Walmart were worth $10,479,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WMT. Voisard Asset Management Group Inc. raised its stake in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Hoese & Co LLP acquired a new stake in Walmart in the third quarter valued at $33,000. EntryPoint Capital LLC bought a new position in Walmart during the 1st quarter worth $25,000. TruNorth Capital Management LLC lifted its holdings in Walmart by 138.3% during the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after buying an additional 249 shares during the period. Finally, Cultivar Capital Inc. bought a new stake in shares of Walmart in the 2nd quarter valued at about $29,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the transaction, the insider now owns 630,501,148 shares of the company’s stock, valued at approximately $48,781,873,820.76. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Walmart news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Alice L. Walton sold 2,709,163 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total transaction of $209,607,941.31. Following the completion of the transaction, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,337,337 shares of company stock valued at $958,823,647. 45.58% of the stock is owned by insiders.

Walmart Stock Performance

NYSE WMT opened at $84.83 on Friday. The company has a fifty day moving average price of $80.53 and a 200-day moving average price of $71.92. The firm has a market cap of $681.88 billion, a price-to-earnings ratio of 44.11, a PEG ratio of 4.25 and a beta of 0.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $85.54.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The business had revenue of $169.30 billion during the quarter, compared to the consensus estimate of $168.56 billion. During the same period in the prior year, the firm posted $0.61 EPS. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, equities research analysts predict that Walmart Inc. will post 2.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WMT. Tigress Financial increased their target price on shares of Walmart from $75.00 to $86.00 and gave the company a “buy” rating in a research report on Tuesday, July 23rd. Redburn Atlantic upgraded shares of Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Barclays boosted their target price on shares of Walmart from $66.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, August 16th. JPMorgan Chase & Co. increased their price target on Walmart from $81.00 to $83.00 and gave the stock an “overweight” rating in a report on Friday, August 16th. Finally, Bank of America boosted their price objective on Walmart from $75.00 to $85.00 and gave the company a “buy” rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a hold rating, twenty-nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $83.92.

Walmart Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce 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, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.