Nisa Investment Advisors LLC Boosts Stock Position in Walmart Inc. (NYSE:WMT)

Nisa Investment Advisors LLC raised its holdings in Walmart Inc. (NYSE:WMT) by 14.4% in the third quarter, Holdings Channel reports. The firm owned 1,343,330 shares of the retailer’s stock after purchasing an additional 168,689 shares during the period. Walmart accounts for 0.6% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Nisa Investment Advisors LLC’s holdings in Walmart were worth $108,474,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. EntryPoint Capital LLC bought a new stake in Walmart in the first quarter worth about $25,000. TruNorth Capital Management LLC increased its stake in shares of 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 purchasing an additional 249 shares during the last quarter. Cultivar Capital Inc. bought a new stake in shares of Walmart in the 2nd quarter worth approximately $29,000. FSA Wealth Management LLC lifted its stake in Walmart by 253.0% in the first quarter. FSA Wealth Management LLC now owns 526 shares of the retailer’s stock valued at $32,000 after purchasing an additional 377 shares during the last quarter. Finally, Kozak & Associates Inc. grew its holdings in Walmart by 216.4% during the first quarter. Kozak & Associates Inc. now owns 503 shares of the retailer’s stock valued at $32,000 after purchasing an additional 344 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on WMT. UBS Group boosted their target price on Walmart from $81.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, October 11th. Citigroup boosted their price objective on Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Royal Bank of Canada upped their price objective on shares of Walmart from $74.00 to $80.00 and gave the company an “outperform” rating in a report on Friday, August 16th. Wells Fargo & Company lifted their target price on shares of Walmart from $81.00 to $88.00 and gave the stock an “overweight” rating in a research note on Monday, September 23rd. Finally, Stifel Nicolaus upped their price target on shares of Walmart from $71.00 to $73.00 and gave the company a “hold” rating in a research note on Tuesday, August 13th. One equities research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $83.83.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 2,063 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $80.76, for a total transaction of $166,607.88. Following the transaction, the executive vice president now owns 459,558 shares of the company’s stock, valued at approximately $37,113,904.08. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Walmart news, EVP Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $80.76, for a total transaction of $166,607.88. Following the completion of the sale, the executive vice president now directly owns 459,558 shares in the company, valued at $37,113,904.08. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder S Robson Walton sold 4,057,369 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the transaction, the insider now directly owns 611,988,318 shares in the company, valued at $47,245,498,149.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,337,337 shares of company stock worth $958,784,857. 45.58% of the stock is currently owned by insiders.

Walmart Trading Up 0.3 %

NYSE WMT opened at $82.75 on Tuesday. The stock’s 50-day simple moving average is $79.27 and its two-hundred day simple moving average is $70.63. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $83.34. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $665.17 billion, a price-to-earnings ratio of 43.02, a PEG ratio of 4.13 and a beta of 0.51.

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

Walmart Company 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.