Walmart Inc. (NYSE:WMT) Holdings Trimmed by Caprock Group LLC

Caprock Group LLC cut its holdings in Walmart Inc. (NYSE:WMT) by 3.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 117,450 shares of the retailer’s stock after selling 4,460 shares during the quarter. Caprock Group LLC’s holdings in Walmart were worth $10,635,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMT. Peterson Financial Group Inc. acquired a new stake in Walmart during the third quarter valued at approximately $26,000. Fiduciary Advisors Inc. bought a new position in shares of Walmart in the fourth quarter valued at $27,000. Voisard Asset Management Group Inc. lifted its position in shares of Walmart by 77.3% during 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. bought a new stake in shares of Walmart during the 4th quarter worth $32,000. Finally, Hoese & Co LLP acquired a new position in shares of Walmart in the 3rd quarter worth $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other Walmart news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the sale, the senior vice president now directly owns 87,404 shares in the company, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the transaction, the chief executive officer now directly owns 3,766,491 shares of the company’s stock, valued at approximately $348,852,396.42. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 137,177 shares of company stock valued at $12,649,328 over the last quarter. 45.58% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WMT. TD Cowen increased their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial raised their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Wells Fargo & Company 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 Friday, January 10th. Robert W. Baird raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, Bank of America boosted their target price on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two investment 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $95.11.

Walmart Trading Down 0.7 %

Walmart stock opened at $97.97 on Monday. Walmart Inc. has a 12 month low of $55.04 and a 12 month high of $99.00. The stock has a market cap of $787.00 billion, a price-to-earnings ratio of 40.20, a price-to-earnings-growth ratio of 4.46 and a beta of 0.55. The business has a 50 day moving average price of $93.07 and a two-hundred day moving average price of $83.19. 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 posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the previous year, the company earned $0.51 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts forecast that Walmart Inc. will post 2.48 EPS for the current 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.