Radnor Capital Management LLC Has $1,984,000 Stake in Wal-Mart Stores, Inc. (WMT)

Radnor Capital Management LLC maintained its stake in Wal-Mart Stores, Inc. (NYSE:WMT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,221 shares of the retailer’s stock at the close of the second quarter. Radnor Capital Management LLC’s holdings in Wal-Mart Stores were worth $1,984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hudock Capital Group LLC grew its holdings in shares of Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares during the last quarter. Gemmer Asset Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the second quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock worth $224,000 after purchasing an additional 10 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of Wal-Mart Stores by 0.4% during the first quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock worth $264,000 after purchasing an additional 15 shares during the last quarter. Sterneck Capital Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the first quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock worth $475,000 after purchasing an additional 22 shares during the last quarter. Finally, LLBH Private Wealth Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the second quarter. LLBH Private Wealth Management LLC now owns 7,843 shares of the retailer’s stock worth $594,000 after purchasing an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 30.12% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) opened at $91.09 on Wednesday. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $91.98. The firm has a market capitalization of $272,100.00, a PE ratio of 20.85, a price-to-earnings-growth ratio of 3.39 and a beta of 0.34. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.51.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings results on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a return on equity of 16.87% and a net margin of 2.60%. The firm had revenue of $123.40 billion for the quarter, compared to analysts’ expectations of $121.86 billion. During the same quarter last year, the firm posted $1.07 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. equities research analysts forecast that Wal-Mart Stores, Inc. will post 4.37 earnings per share for the current year.

Wal-Mart Stores declared that its Board of Directors has approved a stock repurchase plan on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the retailer to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

In other news, Director S Robson Walton sold 646,330 shares of the stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $80.20, for a total transaction of $51,835,666.00. Following the transaction, the director now directly owns 3,344,956 shares in the company, valued at approximately $268,265,471.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jacqueline P. Canney sold 1,586 shares of the stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now owns 21,125 shares in the company, valued at $1,668,875. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,924,828 shares of company stock worth $785,676,492. Insiders own 51.39% of the company’s stock.

Several analysts have recently weighed in on the company. Citigroup Inc. boosted their price target on Wal-Mart Stores from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Tuesday, August 15th. Wells Fargo & Company restated a “hold” rating on shares of Wal-Mart Stores in a report on Thursday, August 17th. Credit Suisse Group restated a “hold” rating and set a $84.00 price target on shares of Wal-Mart Stores in a report on Friday, August 18th. Jefferies Group LLC set a $105.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday. Finally, Zacks Investment Research raised Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $87.54.

ILLEGAL ACTIVITY NOTICE: This article was first published by Markets Daily and is owned by of Markets Daily. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The correct version of this article can be read at https://www.themarketsdaily.com/2017/11/15/radnor-capital-management-llc-has-1984000-stake-in-wal-mart-stores-inc-wmt.html.

Wal-Mart Stores Profile

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

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Radnor Capital Management LLC Has $1,984,000 Stake in Wal-Mart Stores, Inc. (WMT)

Radnor Capital Management LLC maintained its stake in Wal-Mart Stores, Inc. (NYSE:WMT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,221 shares of the retailer’s stock at the close of the second quarter. Radnor Capital Management LLC’s holdings in Wal-Mart Stores were worth $1,984,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hudock Capital Group LLC grew its holdings in shares of Wal-Mart Stores by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,847 shares of the retailer’s stock worth $139,000 after purchasing an additional 7 shares during the last quarter. Gemmer Asset Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the second quarter. Gemmer Asset Management LLC now owns 2,965 shares of the retailer’s stock worth $224,000 after purchasing an additional 10 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of Wal-Mart Stores by 0.4% during the first quarter. Wellington Shields & Co. LLC now owns 3,661 shares of the retailer’s stock worth $264,000 after purchasing an additional 15 shares during the last quarter. Sterneck Capital Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the first quarter. Sterneck Capital Management LLC now owns 6,588 shares of the retailer’s stock worth $475,000 after purchasing an additional 22 shares during the last quarter. Finally, LLBH Private Wealth Management LLC grew its holdings in shares of Wal-Mart Stores by 0.3% during the second quarter. LLBH Private Wealth Management LLC now owns 7,843 shares of the retailer’s stock worth $594,000 after purchasing an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 30.12% of the company’s stock.

Shares of Wal-Mart Stores, Inc. (NYSE:WMT) opened at $91.09 on Wednesday. Wal-Mart Stores, Inc. has a 1-year low of $65.28 and a 1-year high of $91.98. The firm has a market capitalization of $272,100.00, a PE ratio of 20.85, a price-to-earnings-growth ratio of 3.39 and a beta of 0.34. The company has a quick ratio of 0.18, a current ratio of 0.78 and a debt-to-equity ratio of 0.51.

Wal-Mart Stores (NYSE:WMT) last released its quarterly earnings results on Thursday, August 17th. The retailer reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.01. Wal-Mart Stores had a return on equity of 16.87% and a net margin of 2.60%. The firm had revenue of $123.40 billion for the quarter, compared to analysts’ expectations of $121.86 billion. During the same quarter last year, the firm posted $1.07 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. equities research analysts forecast that Wal-Mart Stores, Inc. will post 4.37 earnings per share for the current year.

Wal-Mart Stores declared that its Board of Directors has approved a stock repurchase plan on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the retailer to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its shares are undervalued.

In other news, Director S Robson Walton sold 646,330 shares of the stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $80.20, for a total transaction of $51,835,666.00. Following the transaction, the director now directly owns 3,344,956 shares in the company, valued at approximately $268,265,471.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jacqueline P. Canney sold 1,586 shares of the stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $79.00, for a total value of $125,294.00. Following the transaction, the insider now owns 21,125 shares in the company, valued at $1,668,875. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,924,828 shares of company stock worth $785,676,492. Insiders own 51.39% of the company’s stock.

Several analysts have recently weighed in on the company. Citigroup Inc. boosted their price target on Wal-Mart Stores from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Tuesday, August 15th. Wells Fargo & Company restated a “hold” rating on shares of Wal-Mart Stores in a report on Thursday, August 17th. Credit Suisse Group restated a “hold” rating and set a $84.00 price target on shares of Wal-Mart Stores in a report on Friday, August 18th. Jefferies Group LLC set a $105.00 price target on Wal-Mart Stores and gave the stock a “buy” rating in a report on Tuesday. Finally, Zacks Investment Research raised Wal-Mart Stores from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $87.54.

ILLEGAL ACTIVITY NOTICE: This article was first published by Markets Daily and is owned by of Markets Daily. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The correct version of this article can be read at https://www.themarketsdaily.com/2017/11/15/radnor-capital-management-llc-has-1984000-stake-in-wal-mart-stores-inc-wmt.html.

Wal-Mart Stores Profile

Wal-Mart Stores, Inc is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club. The Walmart U.S. segment includes its mass merchant concept in the United States operating under the Walmart or Wal-Mart brands, as well as digital retail.

Institutional Ownership by Quarter for Wal-Mart Stores (NYSE:WMT)

Receive News & Ratings for Wal-Mart Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wal-Mart Stores Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

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