Hantz Financial Services Inc. Has $11.41 Million Position in Walmart Inc. (NYSE:WMT)

Hantz Financial Services Inc. decreased its position in shares of Walmart Inc. (NYSE:WMT) by 5.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 126,232 shares of the retailer’s stock after selling 7,059 shares during the quarter. Hantz Financial Services Inc.’s holdings in Walmart were worth $11,405,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Forsta AP Fonden raised its position in shares of Walmart by 0.9% during the fourth quarter. Forsta AP Fonden now owns 1,149,100 shares of the retailer’s stock worth $103,821,000 after acquiring an additional 9,800 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Walmart by 18.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,584,166 shares of the retailer’s stock worth $323,829,000 after purchasing an additional 546,917 shares during the last quarter. Sumitomo Life Insurance Co. lifted its position in Walmart by 4.8% during the 4th quarter. Sumitomo Life Insurance Co. now owns 118,144 shares of the retailer’s stock valued at $10,674,000 after purchasing an additional 5,402 shares during the period. R Squared Ltd bought a new position in shares of Walmart in the 4th quarter valued at about $246,000. Finally, Foster Group Inc. grew its position in shares of Walmart by 33.3% during the 4th quarter. Foster Group Inc. now owns 20,111 shares of the retailer’s stock worth $1,817,000 after buying an additional 5,023 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president now owns 568,626 shares in the company, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 137,177 shares of company stock worth $12,649,328 over the last quarter. 45.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMT. TD Cowen increased their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Tigress Financial raised their price target on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. UBS Group upped their price objective on Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Barclays boosted their target price on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Finally, StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Two investment 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $94.69.

Walmart Price Performance

NYSE:WMT opened at $98.61 on Friday. Walmart Inc. has a 52-week low of $55.04 and a 52-week high of $98.93. The company has a market cap of $792.15 billion, a P/E ratio of 40.47, 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. The stock’s 50-day simple moving average is $92.71 and its 200 day simple moving average is $82.79.

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

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.