Walmart Inc. (NYSE:WMT) Shares Sold by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,174 shares of the retailer’s stock after selling 975 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Walmart were worth $2,003,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealthquest Corp grew its stake in shares of Walmart by 2.2% in the fourth quarter. Wealthquest Corp now owns 10,105 shares of the retailer’s stock worth $913,000 after acquiring an additional 222 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in Walmart by 7.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 51,846 shares of the retailer’s stock valued at $4,684,000 after purchasing an additional 3,749 shares during the period. LaFleur & Godfrey LLC grew its stake in Walmart by 1.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer’s stock worth $6,283,000 after purchasing an additional 992 shares in the last quarter. Zhang Financial LLC increased its holdings in Walmart by 47.3% during the 4th quarter. Zhang Financial LLC now owns 14,669 shares of the retailer’s stock worth $1,325,000 after purchasing an additional 4,713 shares during the period. Finally, Corundum Group Inc. raised its position in Walmart by 102.5% in the 4th quarter. Corundum Group Inc. now owns 20,868 shares of the retailer’s stock valued at $1,885,000 after purchasing an additional 10,564 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Sanford C. Bernstein boosted their price objective on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Guggenheim raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Jefferies Financial Group raised their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Morgan Stanley increased their target price on Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Roth Mkm lifted their price target on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $94.69.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at $52,485,124.40. The trade was a 2.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is owned by corporate insiders.

Walmart Trading Up 1.2 %

NYSE:WMT opened at $93.05 on Wednesday. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The stock has a fifty day moving average price of $91.31 and a two-hundred day moving average price of $81.63. The stock has a market capitalization of $747.51 billion, a price-to-earnings ratio of 38.19, a PEG ratio of 4.36 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, 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 net margin of 2.92% and a return on equity of 21.78%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company posted $0.51 earnings per share. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

About Walmart

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.