Ullmann Wealth Partners Group LLC Has $1.34 Million Position in Walmart Inc. (NYSE:WMT)

Ullmann Wealth Partners Group LLC grew its holdings in Walmart Inc. (NYSE:WMT) by 13.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,841 shares of the retailer’s stock after purchasing an additional 1,805 shares during the quarter. Ullmann Wealth Partners Group LLC’s holdings in Walmart were worth $1,341,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Kozak & Associates Inc. raised its holdings in Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after buying an additional 113 shares during the period. Summit Financial Wealth Advisors LLC boosted its stake in shares of Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares during the period. Lowe Wealth Advisors LLC raised its holdings in Walmart by 13.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares during the period. Providence Wealth Advisors LLC increased its position in Walmart by 0.3% during the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after buying an additional 122 shares during the period. Finally, 3Chopt Investment Partners LLC raised its stake in Walmart by 0.4% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now directly owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares in the company, valued at approximately $31,054,909.80. The trade was a 0.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 138,347 shares of company stock worth $12,311,491 in the last 90 days. Insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on WMT shares. Morgan Stanley raised their target price on shares of Walmart from $89.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Sanford C. Bernstein lifted 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. Barclays upped 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. Stifel Nicolaus lifted their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Finally, Oppenheimer increased their price target on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Two 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $94.49.

Walmart Stock Down 0.0 %

Shares of NYSE:WMT opened at $91.33 on Friday. 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 business has a 50 day simple moving average of $90.86 and a two-hundred day simple moving average of $81.03. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18. The firm has a market capitalization of $733.70 billion, a PE ratio of 37.48, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. The company 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%. During the same period in the prior year, the business earned $0.51 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, equities analysts predict that Walmart Inc. will post 2.47 EPS for the current year.

Walmart Company 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.