TFG Advisers LLC Sells 116 Shares of Walmart Inc. (NYSE:WMT)

TFG Advisers LLC reduced its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,271 shares of the retailer’s stock after selling 116 shares during the quarter. TFG Advisers LLC’s holdings in Walmart were worth $747,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Geode Capital Management LLC raised its stake in shares of Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock valued at $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. FMR LLC increased its holdings in Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock worth $5,098,203,000 after purchasing an additional 7,200,004 shares during the period. Fisher Asset Management LLC raised its position in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Walmart by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock worth $3,392,658,000 after buying an additional 1,480,927 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Walmart by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock worth $2,522,369,000 after buying an additional 350,881 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

WMT opened at $101.17 on Monday. The firm has a 50 day moving average of $94.07 and a two-hundred day moving average of $84.26. The firm has a market capitalization of $812.73 billion, a PE ratio of 41.52, a P/E/G ratio of 4.25 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $55.85 and a 12-month high of $103.11.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (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%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 earnings per share. On average, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This represents a 0.40 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent research reports. Stifel Nicolaus lifted their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Jefferies Financial Group upped their price target 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. Bank of America lifted their price objective on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Tigress Financial upped their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, UBS Group lifted their price target on Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $96.01.

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.