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Kinloch Capital LLC Buys Walmart Inc. Shares

Guavy AI Editorial Team
Instruments
WMT
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Kinloch Capital LLC has purchased 30,994 shares of Walmart Inc. (NASDAQ:WMT) stock in its most recent Form 13F filing with the Securities and Exchange Commission.

The purchase was made during the second quarter, valuing the shares at approximately $3,510,000.

This is not an isolated incident - other hedge funds have also modified their holdings of Walmart. Norges Bank purchased a new stake in Walmart during the fourth quarter worth about $6,458,529,000, while Legal & General Group Plc bought 2,905,655,000 dollars' worth of shares in the same period.

Walmart's stock price performance has been notable, with WMT opening at $103.09 on Friday and having a debt-to-equity ratio of 0.41.

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