Walmart Inc. (NYSE:WMT) Shares Acquired by Capital Advisors Inc. OK

Capital Advisors Inc. OK boosted its holdings in Walmart Inc. (NYSE:WMT) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 61,904 shares of the retailer’s stock after acquiring an additional 375 shares during the period. Capital Advisors Inc. OK’s holdings in Walmart were worth $5,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brophy Wealth Management LLC purchased a new position in shares of Walmart during the 3rd quarter worth approximately $2,072,000. Bank of New Hampshire grew its holdings in Walmart by 13.7% during the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after buying an additional 5,786 shares during the last quarter. Iowa State Bank grew its holdings in Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares during the last quarter. Fisher Asset Management LLC increased its position in Walmart by 4.6% during the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after buying an additional 2,107,197 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Walmart in the third quarter worth $541,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WMT. Bank of America increased their price objective on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. BMO Capital Markets raised their price target on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. TD Cowen boosted their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Roth Mkm upped their price objective on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Evercore ISI lifted their target price 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. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.56.

Walmart Stock Performance

NYSE:WMT opened at $103.62 on Thursday. Walmart Inc. has a twelve month low of $55.85 and a twelve month high of $103.90. The firm has a market capitalization of $832.42 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 4.25 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. The firm’s fifty day simple moving average is $94.45 and its 200 day simple moving average is $84.82.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 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 previous year, the firm posted $0.51 earnings per share. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP David Chojnowski sold 5,600 shares of the firm’s 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 approximately $7,993,095.80. This trade represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 175,177 shares of company stock worth $16,403,728 in the last 90 days. 45.58% of the stock is owned by company insiders.

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.