Capital Market Strategies LLC Has $378,000 Stock Position in Walmart Inc. (NYSE:WMT)

Capital Market Strategies LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 5.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,180 shares of the retailer’s stock after buying an additional 200 shares during the quarter. Capital Market Strategies LLC’s holdings in Walmart were worth $378,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Peterson Financial Group Inc. bought a new stake in shares of Walmart in the 3rd quarter worth about $26,000. Voisard Asset Management Group Inc. grew its stake in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the last quarter. Hoese & Co LLP bought a new position in shares of Walmart in the third quarter valued at approximately $33,000. Livelsberger Financial Advisory acquired a new position in shares of Walmart in the 3rd quarter worth approximately $36,000. Finally, Hara Capital LLC bought a new stake in Walmart during the 3rd quarter worth approximately $37,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research reports. Melius Research began coverage on shares of Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target on the stock. Oppenheimer raised their price target on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Stifel Nicolaus increased their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Robert W. Baird lifted their target price on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Telsey Advisory Group upped their price target on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $93.69.

Walmart Trading Up 1.3 %

NYSE WMT traded up $1.15 on Monday, hitting $91.93. The company’s stock had a trading volume of 7,252,990 shares, compared to its average volume of 10,802,323. The company’s 50-day moving average is $89.41 and its 200 day moving average is $79.80. The firm has a market cap of $738.51 billion, a PE ratio of 37.73, a PEG ratio of 4.47 and a beta of 0.55. Walmart Inc. has a 1-year low of $52.23 and a 1-year high of $96.18. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The company 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%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 earnings per share. As a group, analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This represents a 0.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares of the company’s stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,412 shares of company stock valued at $12,478,116. 45.58% of the stock is currently owned by insiders.

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.