Wolff Financial Management LLC Invests $200,000 in Walmart Inc. (NYSE:WMT)

Wolff Financial Management LLC acquired a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,214 shares of the retailer’s stock, valued at approximately $200,000.

Several other institutional investors also recently bought and sold shares of the company. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the third quarter worth about $26,000. Voisard Asset Management Group Inc. raised its stake in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $32,000. Hoese & Co LLP purchased a new stake in shares of Walmart in the third quarter valued at approximately $33,000. Finally, Livelsberger Financial Advisory acquired a new position in Walmart during the third quarter worth $36,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now owns 568,626 shares of the company’s stock, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the completion of the transaction, the chief executive officer now owns 3,766,491 shares of the company’s stock, valued at $348,852,396.42. This trade represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,177 shares of company stock valued at $12,895,688. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Up 1.1 %

Shares of NYSE WMT opened at $94.84 on Friday. The stock has a market capitalization of $761.90 billion, a PE ratio of 38.92, a P/E/G ratio of 4.42 and a beta of 0.55. 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 fifty day moving average of $92.02 and a 200-day moving average of $82.13. Walmart Inc. has a 52-week low of $53.47 and a 52-week high of $96.18.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The company 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%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 earnings per share. On average, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Sanford C. Bernstein boosted their target price on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Telsey Advisory Group upped their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Evercore ISI increased their target price on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Robert W. Baird boosted their price target on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, TD Cowen lifted their price objective on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.69.

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.