Tcfg Wealth Management LLC Has $408,000 Stake in Walmart Inc. (NYSE:WMT)

Tcfg Wealth Management LLC grew its holdings in Walmart Inc. (NYSE:WMT) by 40.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,512 shares of the retailer’s stock after buying an additional 1,293 shares during the period. Tcfg Wealth Management LLC’s holdings in Walmart were worth $408,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the 4th quarter valued at about $27,000. Peterson Financial Group Inc. acquired a new position in shares of Walmart in the 3rd quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of Walmart in the 4th quarter valued at about $32,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% in 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, Livelsberger Financial Advisory acquired a new position in Walmart in the third quarter worth approximately $36,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 1.0 %

Shares of WMT stock opened at $104.04 on Monday. The stock has a market cap of $835.78 billion, a P/E ratio of 42.70, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. Walmart Inc. has a one year low of $55.99 and a one year high of $105.30. The stock has a fifty day moving average price of $94.99 and a 200 day moving average price of $85.44. 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 issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.51 earnings per share. Analysts predict that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This 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 175,177 shares of company stock valued at $16,403,728 over the last ninety days. 45.58% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on WMT shares. UBS Group increased their price objective on Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Telsey Advisory Group increased their price objective on Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Sanford C. Bernstein increased their price objective on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Stifel Nicolaus increased their price objective on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Finally, Barclays increased their price objective on Walmart from $98.00 to $108.00 and gave the stock an “overweight” rating in a report on Friday. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $100.53.

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.