Jamison Private Wealth Management Inc. Has $6.36 Million Stock Position in Walmart Inc. (NYSE:WMT)

Jamison Private Wealth Management Inc. increased its position in Walmart Inc. (NYSE:WMT) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 70,442 shares of the retailer’s stock after buying an additional 873 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Walmart were worth $6,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the sale, the chief executive officer now owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 140,177 shares of company stock valued at $12,895,688 over the last 90 days. 45.58% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have commented on WMT shares. KeyCorp raised their price objective on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Sanford C. Bernstein boosted their price target on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Tigress Financial raised their price objective on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group upped their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, Wells Fargo & Company increased their target price on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Walmart Trading Up 2.8 %

NYSE WMT opened at $97.39 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm has a market cap of $782.38 billion, a P/E ratio of 39.97, a P/E/G ratio of 4.42 and a beta of 0.55. The stock’s 50-day moving average is $92.02 and its 200-day moving average is $82.29. Walmart Inc. has a one year low of $54.51 and a one year high of $97.46.

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

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.