Wiser Wealth Management Inc Has $299,000 Position in Walmart Inc. (NYSE:WMT)

Wiser Wealth Management Inc raised its holdings in shares of Walmart Inc. (NYSE:WMT) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,310 shares of the retailer’s stock after purchasing an additional 249 shares during the quarter. Wiser Wealth Management Inc’s holdings in Walmart were worth $299,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Walmart during the 3rd quarter worth approximately $26,000. Voisard Asset Management Group Inc. lifted its holdings in shares of 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 buying an additional 174 shares in the last quarter. Hoese & Co LLP acquired a new stake in shares of Walmart during the third quarter worth $33,000. Livelsberger Financial Advisory bought a new stake in shares of Walmart in the third quarter valued at about $36,000. Finally, Hara Capital LLC acquired a new position in shares of Walmart in the third quarter valued at about $37,000. 26.76% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WMT has been the subject of a number of recent research reports. Evercore ISI boosted their price objective on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Roth Mkm boosted their price target on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Citigroup increased their price target on Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Barclays lifted their price objective on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Finally, Oppenheimer increased their target price on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. 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 stock. According to data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and an average price target of $94.49.

Insider Buying and Selling at Walmart

In other news, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now directly owns 87,404 shares of the company’s stock, valued at $7,993,095.80. The trade was a 6.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the sale, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 138,347 shares of company stock valued at $12,311,491. 45.58% of the stock is currently owned by company insiders.

Walmart Price Performance

Shares of NYSE:WMT opened at $91.39 on Thursday. The firm has a market cap of $734.17 billion, a PE ratio of 37.51, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The firm’s fifty day moving average is $90.70 and its 200-day moving average is $80.96. 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 released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates 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 quarter in the previous year, the company posted $0.51 EPS. Sell-side analysts predict 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.