MRA Advisory Group Sells 331 Shares of Walmart Inc. (NYSE:WMT)

MRA Advisory Group decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,946 shares of the retailer’s stock after selling 331 shares during the period. Walmart makes up 0.7% of MRA Advisory Group’s holdings, making the stock its 25th largest position. MRA Advisory Group’s holdings in Walmart were worth $1,350,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in WMT. Kozak & Associates Inc. increased its stake in Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after purchasing an additional 113 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in shares of Walmart by 0.5% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after buying an additional 118 shares during the period. Lowe Wealth Advisors LLC increased its position in shares of Walmart by 13.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after buying an additional 121 shares in the last quarter. Providence Wealth Advisors LLC raised its stake in Walmart by 0.3% during the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after buying an additional 122 shares during the period. Finally, 3Chopt Investment Partners LLC lifted its holdings in Walmart by 0.4% during the third quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after acquiring an additional 124 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Redburn Atlantic raised Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Telsey Advisory Group raised their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Roth Mkm upped their price target on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Truist Financial increased their price objective on shares of Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Oppenheimer boosted their price objective on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.08.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the transaction, the senior vice president now directly owns 87,404 shares in the company, valued at $7,993,095.80. The trade was a 6.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 138,347 shares of company stock valued at $12,311,491 over the last ninety days. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

Shares of WMT opened at $90.79 on Wednesday. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The company has a market cap of $729.35 billion, a PE ratio of 37.26, a price-to-earnings-growth ratio of 4.47 and a beta of 0.55. The firm has a 50-day moving average of $90.70 and a 200-day moving average of $80.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its quarterly earnings data 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 analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.51 earnings per share. As a group, equities analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current year.

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.