John R. Furner Sells 13,125 Shares of Walmart Inc. (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT) EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Walmart Stock Up 1.1 %

NYSE:WMT traded up $1.03 on Friday, reaching $94.84. The stock had a trading volume of 14,969,066 shares, compared to its average volume of 15,309,261. Walmart Inc. has a 12-month low of $53.47 and a 12-month high of $96.18. The stock has a market cap of $761.90 billion, a P/E ratio of 38.92, a price-to-earnings-growth ratio of 4.42 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. The company has a 50-day moving average of $91.81 and a 200 day moving average of $81.95.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) 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%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS. On average, research analysts predict that Walmart Inc. will post 2.48 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. Robert W. Baird upped their target price on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Citigroup upped their price target on shares of Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a report on Friday, September 27th. BMO Capital Markets raised their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, KeyCorp raised their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WMT. Fiduciary Advisors Inc. purchased a new stake in Walmart during the fourth quarter valued at about $27,000. Peterson Financial Group Inc. acquired a new stake in Walmart in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new position in Walmart during the fourth quarter valued at about $32,000. Voisard Asset Management Group Inc. boosted its position 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 purchasing an additional 174 shares during the period. Finally, Hoese & Co LLP bought a new position in Walmart in the 3rd quarter worth $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

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.