Oak Family Advisors LLC Has $8.41 Million Holdings in Walmart Inc. (NYSE:WMT)

Oak Family Advisors LLC lowered its position in Walmart Inc. (NYSE:WMT) by 13.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 93,076 shares of the retailer’s stock after selling 13,901 shares during the period. Walmart comprises approximately 3.0% of Oak Family Advisors LLC’s holdings, making the stock its 5th largest position. Oak Family Advisors LLC’s holdings in Walmart were worth $8,409,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Fiduciary Advisors Inc. bought a new position in Walmart in the 4th quarter worth $27,000. Peterson Financial Group Inc. bought a new position in Walmart in the 3rd quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in Walmart in the 4th quarter worth $32,000. Voisard Asset Management Group Inc. boosted its holdings in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the period. Finally, Hoese & Co LLP bought a new position in Walmart in the 3rd quarter worth $33,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In related news, SVP David Chojnowski sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average cost of $91.81 per share, with a total value of $499,997.26. Following the transaction, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 137,177 shares of company stock worth $12,649,328. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $100.92 on Wednesday. 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 company has a market capitalization of $810.71 billion, a P/E ratio of 41.42, a P/E/G ratio of 4.49 and a beta of 0.55. The company’s 50-day simple moving average is $93.27 and its two-hundred day simple moving average is $83.48. Walmart Inc. has a one year low of $55.85 and a one year high of $100.95.

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

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Jefferies Financial Group boosted their price target on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Roth Mkm boosted their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Evercore ISI boosted their price target on shares of Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Tigress Financial boosted their price target on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, DZ Bank cut shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research note on Thursday, November 21st. Two investment 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, Walmart has an average rating of “Moderate Buy” and an average target price of $95.37.

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.