Walmart Inc. (NYSE:WMT) Shares Purchased by Alliance Wealth Advisors LLC

Alliance Wealth Advisors LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,721 shares of the retailer’s stock after acquiring an additional 309 shares during the period. Alliance Wealth Advisors LLC’s holdings in Walmart were worth $427,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of WMT. Peterson Financial Group Inc. purchased a new stake in shares of Walmart during the third quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new stake in Walmart during the fourth quarter worth approximately $27,000. Voisard Asset Management Group Inc. grew its stake in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after acquiring an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new position in Walmart in the 4th quarter valued at $32,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Walmart during the 3rd quarter worth $36,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of WMT opened at $102.77 on Tuesday. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $103.11. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The firm has a market cap of $825.62 billion, a price-to-earnings ratio of 42.18, a PEG ratio of 4.25 and a beta of 0.55. The business’s 50 day moving average is $94.07 and its two-hundred day moving average is $84.36.

Walmart (NYSE:WMT) last posted 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 firm had revenue of $169.59 billion for 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%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 EPS. Analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction 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 in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 sale, the executive vice president now owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 175,177 shares of company stock worth $16,403,728. Corporate insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company upped their price objective on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Jefferies Financial Group raised their target price on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Oppenheimer upped their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday. Two equities research 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.95.

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.