Mizuho Securities Co. Ltd. Has $44,000 Holdings in Walmart Inc. (NYSE:WMT)

Mizuho Securities Co. Ltd. trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 92.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 550 shares of the retailer’s stock after selling 6,630 shares during the quarter. Mizuho Securities Co. Ltd.’s holdings in Walmart were worth $44,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in WMT. Anchor Capital Advisors LLC lifted its position in shares of Walmart by 159.0% in the first quarter. Anchor Capital Advisors LLC now owns 263,650 shares of the retailer’s stock worth $15,864,000 after buying an additional 161,846 shares during the last quarter. Oxbow Advisors LLC raised its holdings in Walmart by 45.0% in the 3rd quarter. Oxbow Advisors LLC now owns 28,453 shares of the retailer’s stock worth $2,298,000 after acquiring an additional 8,834 shares during the period. Crossmark Global Holdings Inc. increased its stake in shares of Walmart by 21.9% in the third quarter. Crossmark Global Holdings Inc. now owns 587,001 shares of the retailer’s stock worth $47,400,000 after purchasing an additional 105,430 shares during the period. Whalerock Point Partners LLC raised its holdings in Walmart by 213.5% in the 1st quarter. Whalerock Point Partners LLC now owns 29,613 shares of the retailer’s stock valued at $1,782,000 after acquiring an additional 20,167 shares in the last quarter. Finally, WFA Asset Management Corp boosted its position in shares of Walmart by 201.0% during the 1st quarter. WFA Asset Management Corp now owns 2,092 shares of the retailer’s stock valued at $126,000 after acquiring an additional 1,397 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on WMT shares. Deutsche Bank Aktiengesellschaft increased their target price on Walmart from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Stifel Nicolaus lifted their price target on shares of Walmart from $71.00 to $73.00 and gave the company a “hold” rating in a report on Tuesday, August 13th. Oppenheimer increased their price target on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Robert W. Baird raised their price target on Walmart from $82.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, September 30th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $80.00 price objective on shares of Walmart in a report on Friday, August 16th. One analyst has rated the stock with a hold rating, twenty-nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $84.15.

Walmart Trading Up 0.7 %

Shares of NYSE:WMT traded up $0.56 during midday trading on Wednesday, reaching $85.55. The company’s stock had a trading volume of 2,879,712 shares, compared to its average volume of 16,667,996. Walmart Inc. has a fifty-two week low of $49.85 and a fifty-two week high of $85.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. The firm has a 50 day moving average price of $80.82 and a two-hundred day moving average price of $72.44. The firm has a market capitalization of $687.67 billion, a price-to-earnings ratio of 44.35, a PEG ratio of 4.25 and a beta of 0.51.

Walmart (NYSE:WMT) last posted its quarterly earnings results 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. The firm had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 EPS. As a group, analysts forecast that Walmart Inc. will post 2.44 earnings per share for the current year.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $80.64, for a total transaction of $2,348,559.36. Following the transaction, the chief executive officer now directly owns 3,873,053 shares of the company’s stock, valued at approximately $312,322,993.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Daniel J. Bartlett sold 2,063 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $80.76, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $80.64, for a total value of $2,348,559.36. Following the sale, the chief executive officer now directly owns 3,873,053 shares of the company’s stock, valued at $312,322,993.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock.

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.