Bokf Na decreased its position in Walmart Inc. (NYSE:WMT – Free Report) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 618,717 shares of the retailer’s stock after selling 22,013 shares during the period. Walmart makes up 0.8% of Bokf Na’s holdings, making the stock its 28th biggest holding. Bokf Na’s holdings in Walmart were worth $41,893,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. EntryPoint Capital LLC bought a new stake in shares of Walmart in the 1st quarter valued at $25,000. Northwest Capital Management Inc increased its stake in Walmart by 199.3% in the first quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock valued at $26,000 after purchasing an additional 293 shares in the last quarter. TruNorth Capital Management LLC raised its holdings in shares of Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after purchasing an additional 249 shares during the period. Cultivar Capital Inc. acquired a new position in shares of Walmart during the second quarter valued at about $29,000. Finally, Able Wealth Management LLC bought a new position in shares of Walmart during the 4th quarter worth about $30,000. Institutional investors own 26.76% of the company’s stock.
Walmart Stock Up 0.0 %
WMT opened at $78.84 on Thursday. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $78.92. The company’s 50-day moving average price is $72.07 and its two-hundred day moving average price is $65.85. The stock has a market cap of $633.74 billion, a price-to-earnings ratio of 33.74, a PEG ratio of 3.84 and a beta of 0.51. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46.
Insider Buying and Selling
In other Walmart news, EVP Daniel J. Bartlett sold 2,398 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $69.50, for a total transaction of $166,661.00. Following the sale, the executive vice president now directly owns 463,871 shares of the company’s stock, valued at $32,239,034.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, EVP Daniel J. Bartlett sold 2,398 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $69.50, for a total value of $166,661.00. Following the sale, the executive vice president now owns 463,871 shares of the company’s stock, valued at $32,239,034.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the completion of the transaction, the chief executive officer now directly owns 3,960,402 shares of the company’s stock, valued at $270,851,892.78. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,513,707 shares of company stock valued at $797,374,003. 45.58% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on WMT shares. Tigress Financial upped their price target on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Stifel Nicolaus upped their target price on Walmart from $71.00 to $73.00 and gave the stock a “hold” rating in a research report on Tuesday, August 13th. Wells Fargo & Company increased their target price on Walmart from $75.00 to $81.00 and gave the stock an “overweight” rating in a report on Friday, August 16th. Truist Financial boosted their price target on shares of Walmart from $64.00 to $76.00 and gave the company a “hold” rating in a research note on Friday, August 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Two analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.99.
Get Our Latest Research Report on Walmart
About Walmart
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.
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