Radnor Capital Management LLC Has $6.40 Million Position in Walmart Inc. (NYSE:WMT)

Radnor Capital Management LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,835 shares of the retailer’s stock after selling 3,535 shares during the period. Walmart comprises 1.1% of Radnor Capital Management LLC’s holdings, making the stock its 17th largest holding. Radnor Capital Management LLC’s holdings in Walmart were worth $6,400,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in WMT. Peterson Financial Group Inc. bought a new position in shares of Walmart in the third quarter worth about $26,000. Voisard Asset Management Group Inc. increased its position in Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares in the last quarter. Hoese & Co LLP bought a new position in Walmart in the 3rd quarter valued at approximately $33,000. Livelsberger Financial Advisory acquired a new stake in Walmart in the third quarter valued at approximately $36,000. Finally, Hara Capital LLC bought a new stake in shares of Walmart during the third quarter worth $37,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 0.7 %

Shares of NYSE WMT opened at $91.39 on Thursday. Walmart Inc. has a 12-month low of $53.44 and a 12-month 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. The firm has a market cap of $734.17 billion, a PE ratio of 37.51, a P/E/G ratio of 4.41 and a beta of 0.55. The company’s fifty day simple moving average is $90.70 and its 200 day simple moving average is $80.96.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $167.69 billion. During the same period last year, the business posted $0.51 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WMT. Melius Research started coverage on Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective on the stock. Bank of America lifted their price target on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. TD Cowen upped their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Stifel Nicolaus lifted their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Finally, BMO Capital Markets boosted their target price on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $94.49.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated 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 transaction, the executive vice president now directly owns 566,794 shares in the company, valued at $52,485,124.40. This trade represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the sale, the executive vice president now owns 378,165 shares in the company, valued at $31,054,909.80. This represents a 0.79 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 138,347 shares of company stock valued at $12,311,491. Company insiders own 45.58% of the company’s stock.

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.