Valued Wealth Advisors LLC Has $119,000 Position in Walmart Inc. (NYSE:WMT)

Valued Wealth Advisors LLC increased its position in Walmart Inc. (NYSE:WMT) by 16.0% during the fourth quarter, Holdings Channel reports. The firm owned 1,309 shares of the retailer’s stock after buying an additional 181 shares during the quarter. Valued Wealth Advisors LLC’s holdings in Walmart were worth $119,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of WMT. Geode Capital Management LLC increased its holdings in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares during the last quarter. FMR LLC grew its stake in Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after buying an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Walmart by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after acquiring an additional 2,107,197 shares during the period. Franklin Resources Inc. lifted its position in Walmart by 3.7% during the third quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock worth $3,392,658,000 after acquiring an additional 1,480,927 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Walmart by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock valued at $2,522,369,000 after purchasing an additional 350,881 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.0 %

NYSE:WMT opened at $97.36 on Wednesday. Walmart Inc. has a 52 week low of $54.51 and a 52 week high of $97.84. The firm’s fifty day moving average is $92.29 and its 200-day moving average is $82.49. The firm has a market cap of $782.16 billion, a P/E ratio of 39.96, a P/E/G ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

Walmart (NYSE:WMT) last released its 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter last year, the firm posted $0.51 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. Equities analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $31,054,909.80. This represents a 0.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 140,177 shares of company stock valued at $12,895,688. 45.58% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. Oppenheimer boosted their price target on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Morgan Stanley increased their price target on Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Piper Sandler increased their target price on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Finally, StockNews.com downgraded shares of Walmart from a “strong-buy” rating to 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 assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $94.69.

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.