OneAscent Financial Services LLC boosted its stake in shares of Walmart Inc. (NYSE:WMT – Free Report) by 191.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,596 shares of the retailer’s stock after buying an additional 9,594 shares during the period. OneAscent Financial Services LLC’s holdings in Walmart were worth $878,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Walmart by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 137,214,807 shares of the retailer’s stock worth $21,944,764,000 after buying an additional 751,713 shares during the period. Morgan Stanley raised its holdings in Walmart by 1.8% during the 3rd quarter. Morgan Stanley now owns 24,087,268 shares of the retailer’s stock worth $3,852,277,000 after buying an additional 426,388 shares during the period. Norges Bank acquired a new stake in Walmart during the 4th quarter worth about $3,674,652,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Walmart by 11.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,235,920 shares of the retailer’s stock valued at $3,190,194,000 after purchasing an additional 2,150,351 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Walmart by 0.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,011,647 shares of the retailer’s stock valued at $2,081,120,000 after purchasing an additional 78,981 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.
Walmart Stock Down 0.3 %
WMT opened at $67.71 on Friday. Walmart Inc. has a 1-year low of $49.85 and a 1-year high of $69.04. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $544.63 billion, a price-to-earnings ratio of 28.98, a P/E/G ratio of 3.91 and a beta of 0.52. The business has a 50 day moving average of $64.07 and a 200-day moving average of $59.35.
Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08. Walmart had a return on equity of 21.57% and a net margin of 2.88%. The company had revenue of $161.50 billion during the quarter, compared to analysts’ expectations of $159.57 billion. During the same period in the prior year, the business earned $0.49 earnings per share. Walmart’s revenue for the quarter was up 6.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.42 earnings per share for the current…
Read More: OneAscent Financial Services LLC Has $878,000 Holdings in Walmart Inc.