2,885 Shares in Walmart Inc. (NYSE:WMT) Purchased by Mader & Shannon Wealth Management Inc.

Mader & Shannon Wealth Management Inc. bought a new position in shares of Walmart Inc. (NYSE:WMT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,885 shares of the retailer’s stock, valued at approximately $261,000. Walmart makes up 0.2% of Mader & Shannon Wealth Management Inc.’s holdings, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WMT. Peterson Financial Group Inc. purchased a new position in Walmart during the third quarter worth about $26,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart in the 4th quarter worth about $27,000. Voisard Asset Management Group Inc. boosted its holdings in shares of 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 purchasing an additional 174 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Walmart in the 4th quarter worth about $32,000. Finally, Hara Capital LLC purchased a new position in shares of Walmart in the 3rd quarter worth about $37,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Up 0.1 %

Shares of NYSE:WMT opened at $103.90 on Thursday. Walmart Inc. has a 52-week low of $57.60 and a 52-week high of $105.30. The firm has a market capitalization of $834.69 billion, a P/E ratio of 42.64, a P/E/G ratio of 4.39 and a beta of 0.55. The stock has a 50 day moving average price of $95.56 and a 200-day moving average price of $86.17. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction on Wednesday, January 15th. The stock was 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 in the company, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the completion of the purchase, the director now owns 7,805 shares in the company, valued at approximately $716,577.05. The trade was a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 175,177 shares of company stock worth $16,403,728 in the last 90 days. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WMT shares. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Tigress Financial upped their price objective on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group increased their target price on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Telsey Advisory Group increased their target price on Walmart from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. increased their target price on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. 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 company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $101.87.

Walmart Company 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.