Bokf Na Has $41.89 Million Holdings in Walmart Inc. (NYSE:WMT)

Bokf Na decreased its position in Walmart Inc. (NYSE:WMT) 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.

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

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.

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.