Walmart Inc. (NYSE:WMT) Shares Acquired by Strategic Blueprint LLC

Strategic Blueprint LLC raised its position in shares of Walmart Inc. (NYSE:WMTFree Report) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 100,167 shares of the retailer’s stock after buying an additional 615 shares during the quarter. Strategic Blueprint LLC’s holdings in Walmart were worth $9,050,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WMT. Iams Wealth Management LLC acquired a new position in shares of Walmart in the 4th quarter valued at about $291,000. Masso Torrence Wealth Management Inc. boosted its stake in Walmart by 4.9% in the fourth quarter. Masso Torrence Wealth Management Inc. now owns 10,929 shares of the retailer’s stock valued at $987,000 after acquiring an additional 515 shares during the period. Forsta AP Fonden boosted its stake in Walmart by 0.9% in the fourth quarter. Forsta AP Fonden now owns 1,149,100 shares of the retailer’s stock valued at $103,821,000 after acquiring an additional 9,800 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of 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 period. Finally, Sumitomo Life Insurance Co. lifted its holdings in shares of Walmart by 4.8% in the 4th quarter. Sumitomo Life Insurance Co. now owns 118,144 shares of the retailer’s stock worth $10,674,000 after purchasing an additional 5,402 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 1.1 %

Shares of NYSE WMT opened at $98.61 on Friday. The business has a fifty day simple moving average of $92.71 and a 200-day simple moving average of $82.79. The company has a market cap of $792.15 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 4.42 and a beta of 0.55. Walmart Inc. has a 12 month low of $55.04 and a 12 month high of $98.93. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMTGet Free Report) last announced 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. The company had revenue of $169.59 billion during 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 business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.51 earnings per share. Sell-side analysts predict that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity

In other Walmart news, Director Robert Edward Jr. Moritz bought 5,446 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the acquisition, the director now directly owns 7,805 shares of the company’s stock, valued at approximately $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 137,177 shares of company stock worth $12,649,328 over the last quarter. Corporate insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Sanford C. Bernstein upped their price objective on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research report on Thursday, November 21st. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Stifel Nicolaus upped their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Finally, Robert W. Baird raised their price target on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $94.69.

View Our Latest Stock Analysis on WMT

Walmart Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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