Certified Advisory Corp Has $2.18 Million Position in Walmart Inc. (NYSE:WMT)

Certified Advisory Corp raised its position in Walmart Inc. (NYSE:WMT) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,084 shares of the retailer’s stock after buying an additional 209 shares during the quarter. Certified Advisory Corp’s holdings in Walmart were worth $2,176,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Ullmann Wealth Partners Group LLC boosted its stake in shares of Walmart by 13.8% in the fourth quarter. Ullmann Wealth Partners Group LLC now owns 14,841 shares of the retailer’s stock valued at $1,341,000 after buying an additional 1,805 shares during the period. Fermata Advisors LLC lifted its position in shares of Walmart by 32.6% during the 4th quarter. Fermata Advisors LLC now owns 11,983 shares of the retailer’s stock valued at $1,083,000 after acquiring an additional 2,946 shares during the period. Cypress Wealth Services LLC grew its holdings in shares of Walmart by 7.1% during the 4th quarter. Cypress Wealth Services LLC now owns 14,117 shares of the retailer’s stock worth $1,275,000 after purchasing an additional 931 shares in the last quarter. Capital Advisors Wealth Management LLC increased its position in shares of Walmart by 27.3% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 7,689 shares of the retailer’s stock worth $695,000 after purchasing an additional 1,647 shares during the period. Finally, JGP Wealth Management LLC raised its stake in Walmart by 0.7% in the fourth quarter. JGP Wealth Management LLC now owns 130,253 shares of the retailer’s stock valued at $11,768,000 after purchasing an additional 935 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the transaction, the executive vice president now owns 593,040 shares of the company’s stock, valued at $49,198,598.40. This represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,177 shares of company stock worth $12,478,149 in the last three months. Company insiders own 45.58% of the company’s stock.

Walmart Trading Up 0.8 %

Shares of WMT stock opened at $92.02 on Friday. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The stock has a 50 day simple moving average of $91.01 and a two-hundred day simple moving average of $81.10. The company has a market cap of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 EPS. Research analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Melius Research started coverage on shares of Walmart in a research note on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective on the stock. Roth Mkm increased their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. TD Cowen boosted their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Sanford C. Bernstein raised their target price on Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Finally, Barclays boosted their price target on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $94.49.

Walmart Profile

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.