Hudson Value Partners LLC Cuts Position in Walmart Inc. (NYSE:WMT)

Hudson Value Partners LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,360 shares of the retailer’s stock after selling 1,120 shares during the period. Walmart makes up approximately 1.3% of Hudson Value Partners LLC’s holdings, making the stock its 29th biggest holding. Hudson Value Partners LLC’s holdings in Walmart were worth $3,556,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of WMT. Brophy Wealth Management LLC bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $2,072,000. Bank of New Hampshire lifted its position in Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after buying an additional 5,786 shares during the last quarter. Iowa State Bank increased its position in Walmart by 213.8% during the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after acquiring an additional 18,263 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after acquiring an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC bought a new position in Walmart during the 3rd quarter valued at about $541,000. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In related news, Director Robert Edward Jr. Moritz bought 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were bought at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the transaction, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. This represents a 230.86 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the company’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 completion of the transaction, the executive vice president now owns 257,281 shares in the company, valued at approximately $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 have sold a total of 175,177 shares of company stock worth $16,403,728 in the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $103.73 on Wednesday. Walmart Inc. has a 12 month low of $57.60 and a 12 month high of $105.30. 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 business has a 50 day simple moving average of $95.38 and a two-hundred day simple moving average of $86.05. The stock has a market capitalization of $833.31 billion, a P/E ratio of 42.57, a PEG ratio of 4.30 and a beta of 0.55.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on WMT shares. Telsey Advisory Group upped their price objective on Walmart from $105.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, February 12th. Citigroup boosted their price objective on shares of Walmart from $98.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Barclays raised their target price on shares of Walmart from $98.00 to $108.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, BMO Capital Markets lifted their target price on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $101.87.

Walmart 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.