Walmart Inc. (NYSE:WMT) Shares Bought by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC raised its stake in shares of Walmart Inc. (NYSE:WMT) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,858 shares of the retailer’s stock after purchasing an additional 1,972 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Walmart were worth $4,595,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in Walmart in the third quarter valued at approximately $26,000. 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 valued at $32,000 after acquiring an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the fourth quarter worth $32,000. Hoese & Co LLP purchased a new position in shares of Walmart during the third quarter worth $33,000. Finally, Livelsberger Financial Advisory acquired a new position in Walmart during the third quarter valued at $36,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other Walmart news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the sale, the executive vice president now owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 137,177 shares of company stock worth $12,649,328. Insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of recent research reports. BMO Capital Markets lifted their price objective on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Morgan Stanley boosted their price target on Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Sanford C. Bernstein raised their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. TD Cowen boosted their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Bank of America raised their price target on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Two research 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. According to data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average target price of $95.11.

Walmart Stock Down 0.7 %

Shares of NYSE:WMT opened at $97.97 on Friday. Walmart Inc. has a 52-week low of $55.04 and a 52-week high of $99.00. The stock has a market cap of $787.00 billion, a P/E ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55. The business has a fifty day moving average of $92.91 and a two-hundred day moving average of $82.90. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

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, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.51 earnings per share. On average, research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

Walmart 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.