Central Valley Advisors LLC Buys 147 Shares of Walmart Inc. (NYSE:WMT)

Central Valley Advisors LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 0.4% during the fourth quarter, Holdings Channel reports. The fund owned 39,038 shares of the retailer’s stock after acquiring an additional 147 shares during the quarter. Walmart accounts for 1.6% of Central Valley Advisors LLC’s holdings, making the stock its 15th largest position. Central Valley Advisors LLC’s holdings in Walmart were worth $3,527,000 at the end of the most recent quarter.

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

Walmart Stock Up 0.8 %

Shares of NYSE:WMT opened at $92.02 on Friday. 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 $739.19 billion, a P/E ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The company’s 50-day moving average price is $91.01 and its two-hundred day moving average price is $81.10.

Walmart (NYSE:WMT) last released its quarterly 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 net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. Walmart’s revenue was up 5.5% compared to the same quarter last year. As a group, research analysts forecast that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the completion of the sale, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. The trade was a 0.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,177 shares of company stock valued at $12,478,149. Company insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $105.00 target price on shares of Walmart in a research report on Wednesday. Stifel Nicolaus boosted their price objective on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Roth Mkm increased their target price on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. BMO Capital Markets boosted their price target on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, TD Cowen raised their price objective on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. 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, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $94.49.

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.