Walmart Inc. (NYSE:WMT) Shares Sold by Stableford Capital II LLC

Stableford Capital II LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,819 shares of the retailer’s stock after selling 244 shares during the period. Stableford Capital II LLC’s holdings in Walmart were worth $1,068,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Fiduciary Advisors Inc. bought a new position in Walmart in the fourth quarter worth about $27,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart in the 4th quarter worth approximately $32,000. Voisard Asset Management Group Inc. boosted its position in Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares during the period. Finally, Hoese & Co LLP bought a new position in Walmart during the 3rd quarter worth $33,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WMT shares. Tigress Financial raised their target price on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Bank of America lifted their price objective on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Oppenheimer boosted their target price on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. KeyCorp raised their price target on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Piper Sandler boosted their price objective on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Two investment 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $95.11.

Insider Transactions at Walmart

In other Walmart news, Director Robert Edward Jr. Moritz acquired 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the transaction, 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 position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 137,177 shares of company stock valued at $12,649,328 over the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Price Performance

WMT stock opened at $97.97 on Monday. Walmart Inc. has a one year low of $55.04 and a one year high of $99.00. The firm has a 50-day moving average of $93.07 and a two-hundred day moving average of $83.19. The firm has a market capitalization of $787.00 billion, a PE ratio of 40.20, a P/E/G ratio of 4.46 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current year.

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.