Walmart Inc. (NYSE:WMT) Shares Bought by Catalina Capital Group LLC

Catalina Capital Group LLC raised its stake in Walmart Inc. (NYSE:WMT) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,858 shares of the retailer’s stock after acquiring an additional 752 shares during the period. Catalina Capital Group LLC’s holdings in Walmart were worth $1,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new position in Walmart in the fourth quarter valued at approximately $27,000. Peterson Financial Group Inc. acquired a new position in Walmart in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart during the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. raised its holdings in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after buying an additional 174 shares during the last quarter. Finally, Hoese & Co LLP bought a new stake in shares of Walmart during the third quarter valued at approximately $33,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Up 1.4 %

NYSE WMT opened at $100.92 on Wednesday. Walmart Inc. has a twelve month low of $55.85 and a twelve month high of $100.95. 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 has a market cap of $810.71 billion, a price-to-earnings ratio of 41.42, a PEG ratio of 4.49 and a beta of 0.55. The firm’s 50 day moving average price is $93.27 and its two-hundred day moving average price is $83.48.

Walmart (NYSE:WMT) last posted 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 for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the previous year, the company posted $0.51 EPS. Walmart’s revenue was up 5.5% on a year-over-year basis. Equities analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the transaction, the executive vice president now directly owns 568,626 shares in the company, valued at $52,859,472.96. The trade was a 2.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the 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 completion of the acquisition, the director now owns 7,805 shares in the company, valued at $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 137,177 shares of company stock worth $12,649,328 in the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on WMT shares. Barclays lifted their price target on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Guggenheim lifted their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Evercore ISI lifted their price target on Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Wells Fargo & Company lifted their price target on Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a report on Monday. Finally, Morgan Stanley boosted their target price on Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.37.

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.