Chilton Capital Management LLC Sells 1,476 Shares of Walmart Inc. (NYSE:WMT)

Chilton Capital Management LLC lowered its stake in shares of Walmart Inc. (NYSE:WMT) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 24,801 shares of the retailer’s stock after selling 1,476 shares during the quarter. Chilton Capital Management LLC’s holdings in Walmart were worth $1,679,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. AHL Investment Management Inc. increased its position in shares of Walmart by 192.1% during the 1st quarter. AHL Investment Management Inc. now owns 24,000 shares of the retailer’s stock valued at $1,444,000 after purchasing an additional 15,785 shares during the last quarter. Valley Brook Capital Group Inc. grew its position in Walmart by 4.2% in the 4th quarter. Valley Brook Capital Group Inc. now owns 7,816 shares of the retailer’s stock valued at $1,232,000 after acquiring an additional 315 shares during the last quarter. Core Wealth Advisors Inc. grew its position in Walmart by 38.9% in the 4th quarter. Core Wealth Advisors Inc. now owns 1,501 shares of the retailer’s stock valued at $237,000 after acquiring an additional 420 shares during the last quarter. Liberty Wealth Management LLC bought a new position in Walmart in the 1st quarter valued at $270,000. Finally, Commerce Bank grew its position in Walmart by 189.4% in the 1st quarter. Commerce Bank now owns 917,625 shares of the retailer’s stock valued at $55,213,000 after acquiring an additional 600,521 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of NYSE:WMT traded up $0.81 during trading on Monday, hitting $77.23. The stock had a trading volume of 23,229,900 shares, compared to its average volume of 17,417,238. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $77.47. The stock has a market capitalization of $621.20 billion, a price-to-earnings ratio of 33.05, a price-to-earnings-growth ratio of 3.87 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. The stock has a 50-day simple moving average of $70.55 and a two-hundred day simple moving average of $64.79.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $169.30 billion during the quarter, compared to analysts’ expectations of $168.56 billion. During the same period last year, the business posted $0.61 earnings per share. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts expect that Walmart Inc. will post 2.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $69.19, for a total transaction of $207,570.00. Following the sale, the executive vice president now directly owns 387,165 shares of the company’s stock, valued at $26,787,946.35. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Walmart news, major shareholder Alice L. Walton sold 1,250,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $66.11, for a total value of $82,637,500.00. Following the sale, the insider now directly owns 640,532,611 shares of the company’s stock, valued at $42,345,610,913.21. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $69.19, for a total value of $207,570.00. Following the completion of the sale, the executive vice president now directly owns 387,165 shares in the company, valued at $26,787,946.35. The disclosure for this sale can be found here. Insiders have sold a total of 6,306,511 shares of company stock valued at $420,470,807 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WMT shares. Morgan Stanley upped their price objective on Walmart from $75.00 to $82.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. Guggenheim upped their price objective on Walmart from $75.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 16th. UBS Group increased their price target on Walmart from $74.00 to $81.00 and gave the stock a “buy” rating in a research 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 research report on Friday, August 16th. Finally, Royal Bank of Canada increased their price target on Walmart from $74.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average target price of $78.64.

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.