52,801 Shares in Walmart Inc. (NYSE:WMT) Acquired by Lee Johnson Capital Management LLC

Lee Johnson Capital Management LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 52,801 shares of the retailer’s stock, valued at approximately $4,771,000. Walmart comprises approximately 2.5% of Lee Johnson Capital Management LLC’s investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors also recently modified their holdings of the company. Peterson Financial Group Inc. bought a new stake in Walmart during the 3rd quarter valued at 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 during the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Walmart in the fourth quarter valued at approximately $32,000. Hoese & Co LLP acquired a new stake in shares of Walmart in the third quarter worth $33,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart during the third quarter worth $36,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.8 %

NYSE:WMT opened at $92.02 on Tuesday. 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 Inc. has a 12-month low of $53.44 and a 12-month high of $96.18. The stock’s fifty day simple moving average is $91.15 and its 200-day simple moving average is $81.46. The firm has a market capitalization 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 (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion for 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 company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.51 earnings per share. Equities research analysts expect that Walmart Inc. will post 2.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Bank of America raised their price target on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Melius Research assumed coverage on Walmart in a report on Monday, September 23rd. They issued a “buy” rating and a $95.00 price target for the company. Tigress Financial boosted their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. BMO Capital Markets upped their target price on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, KeyCorp boosted their price target on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and an average target price of $94.49.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the transaction, the chief executive officer now owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. The trade was a 0.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. The trade was a 0.79 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,177 shares of company stock valued at $12,478,149. Corporate insiders own 45.58% of the company’s stock.

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.