2,280 Shares in Walmart Inc. (NYSE:WMT) Purchased by Clientfirst Wealth Management LLC

Clientfirst Wealth Management LLC bought a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,280 shares of the retailer’s stock, valued at approximately $206,000.

Other hedge funds also recently modified their holdings of the company. Joel Isaacson & Co. LLC increased its stake in Walmart by 1.2% in the fourth quarter. Joel Isaacson & Co. LLC now owns 29,691 shares of the retailer’s stock valued at $2,683,000 after purchasing an additional 340 shares during the last quarter. Capital Management Associates Inc grew its holdings in Walmart by 9.6% in the 4th quarter. Capital Management Associates Inc now owns 3,212 shares of the retailer’s stock valued at $290,000 after buying an additional 282 shares during the period. Shepherd Financial Partners LLC increased its stake in shares of Walmart by 0.8% during the 4th quarter. Shepherd Financial Partners LLC now owns 48,721 shares of the retailer’s stock valued at $4,402,000 after acquiring an additional 372 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of Walmart by 1.6% during the 4th quarter. SOA Wealth Advisors LLC. now owns 9,194 shares of the retailer’s stock worth $831,000 after acquiring an additional 142 shares during the period. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Walmart in the fourth quarter worth approximately $1,464,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Trading Down 1.6 %

NYSE WMT opened at $101.17 on Monday. The company has a market capitalization of $812.73 billion, a price-to-earnings ratio of 41.52, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 12 month low of $55.85 and a 12 month high of $103.11. The company’s fifty day moving average price is $94.07 and its two-hundred day moving average price is $84.26.

Walmart (NYSE:WMT) last issued 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 business had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.51 earnings per share. As a group, research analysts predict that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction 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 transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, with a total value of $499,997.26. Following the purchase, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WMT. Robert W. Baird increased their price target on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Oppenheimer increased their target price on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Barclays boosted their price target on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. TD Cowen raised 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. Finally, DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a report on Thursday, November 21st. Two investment 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.01.

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.