Walmart Inc. (NYSE:WMT) Shares Sold by Walker Financial Services Inc.

Walker Financial Services Inc. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 7,960 shares of the retailer’s stock after selling 114 shares during the period. Walmart accounts for about 0.4% of Walker Financial Services Inc.’s portfolio, making the stock its 16th largest position. Walker Financial Services Inc.’s holdings in Walmart were worth $719,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in WMT. Kera Capital Partners Inc. acquired a new position in Walmart during the fourth quarter worth about $206,000. Krilogy Financial LLC grew its holdings in shares of Walmart by 29.3% in the 4th quarter. Krilogy Financial LLC now owns 67,031 shares of the retailer’s stock worth $6,056,000 after acquiring an additional 15,190 shares during the period. TruWealth Advisors LLC increased its stake in Walmart by 2.8% in the 4th quarter. TruWealth Advisors LLC now owns 33,406 shares of the retailer’s stock valued at $3,018,000 after purchasing an additional 923 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in Walmart by 18.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 111,987 shares of the retailer’s stock worth $10,118,000 after purchasing an additional 17,799 shares during the last quarter. Finally, HB Wealth Management LLC boosted its position in Walmart by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 349,637 shares of the retailer’s stock worth $31,591,000 after purchasing an additional 4,592 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $92.02 on Monday. 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 capitalization of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The firm has a fifty day moving average of $91.15 and a 200-day moving average of $81.37. Walmart Inc. has a 52-week low of $53.44 and a 52-week high of $96.18.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for 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%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.51 earnings per share. As a group, analysts predict that Walmart Inc. will post 2.47 EPS for the current year.

Insider Transactions at Walmart

In other 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 $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the transaction, the executive vice president now owns 566,794 shares in the company, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 140,177 shares of company stock valued at $12,478,149. Corporate insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on WMT shares. Sanford C. Bernstein lifted their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Redburn Atlantic upgraded shares of Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Royal Bank of Canada reiterated an “outperform” rating and issued a $105.00 price target on shares of Walmart in a research report on Wednesday, January 15th. StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a research note on Thursday, November 21st. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.