Walmart Inc. (NYSE:WMT) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 5.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 17,007 shares of the retailer’s stock after selling 1,000 shares during the period. L. Roy Papp & Associates LLP’s holdings in Walmart were worth $1,537,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the 3rd quarter worth $26,000. Fiduciary Advisors Inc. purchased a new position in Walmart during the fourth quarter worth about $27,000. Voisard Asset Management Group Inc. raised its holdings in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Walmart in the fourth quarter valued at about $32,000. Finally, Livelsberger Financial Advisory purchased a new stake in Walmart in the 3rd quarter valued at approximately $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 over the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Walmart Stock Performance

WMT opened at $103.62 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The firm has a market cap of $832.42 billion, a PE ratio of 42.53, a P/E/G ratio of 4.25 and a beta of 0.55. The business has a fifty day simple moving average of $94.45 and a 200-day simple moving average of $84.82. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $103.90.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.51 EPS. As a group, equities analysts predict that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on WMT. UBS Group raised their price target on Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. Citigroup raised their target price on Walmart from $98.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday. Guggenheim boosted their target price on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. KeyCorp increased their price target on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Finally, Jefferies Financial Group boosted their price objective on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.56.

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.