Walmart Inc. (NYSE:WMT) Shares Acquired by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC increased its position in shares of Walmart Inc. (NYSE:WMT) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,408 shares of the retailer’s stock after purchasing an additional 171 shares during the period. Warren Street Wealth Advisors LLC’s holdings in Walmart were worth $489,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of WMT. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Walmart by 137.3% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 67,222 shares of the retailer’s stock valued at $6,074,000 after purchasing an additional 38,898 shares during the last quarter. Clarity Capital Partners LLC boosted its holdings in shares of Walmart by 14.2% in the 4th quarter. Clarity Capital Partners LLC now owns 3,219 shares of the retailer’s stock valued at $291,000 after buying an additional 401 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Walmart by 6.0% in the 4th quarter. Van ECK Associates Corp now owns 250,696 shares of the retailer’s stock valued at $22,650,000 after buying an additional 14,216 shares during the last quarter. Values First Advisors Inc. acquired a new stake in Walmart during the 4th quarter worth $109,000. Finally, Diversified Portfolios Inc. acquired a new stake in Walmart during the 4th quarter worth $214,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $105.10 on Friday. Walmart Inc. has a 12 month low of $55.85 and a 12 month high of $105.24. The firm has a market capitalization of $844.29 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. The business’s 50 day simple moving average is $94.63 and its 200-day simple moving average is $84.95. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last posted its earnings results 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 the consensus estimate of $167.69 billion. During the same period in the previous year, the business earned $0.51 earnings per share. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 175,177 shares of company stock valued at $16,403,728. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on WMT. Bank of America raised their price objective on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Robert W. Baird upped their target price on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Citigroup lifted their price target on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday. Roth Mkm increased their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Sanford C. Bernstein raised their target price on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $98.85.

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.