Yousif Capital Management LLC Sells 30,598 Shares of Walmart Inc. (NYSE:WMT)

Yousif Capital Management LLC decreased its holdings in Walmart Inc. (NYSE:WMT) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 609,033 shares of the retailer’s stock after selling 30,598 shares during the quarter. Walmart accounts for approximately 0.6% of Yousif Capital Management LLC’s investment portfolio, making the stock its 16th biggest holding. Yousif Capital Management LLC’s holdings in Walmart were worth $55,026,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Daymark Wealth Partners LLC grew its holdings in Walmart by 4.2% during the third quarter. Daymark Wealth Partners LLC now owns 149,659 shares of the retailer’s stock worth $12,085,000 after buying an additional 6,023 shares in the last quarter. CWM LLC grew its stake in shares of Walmart by 1.8% in the 3rd quarter. CWM LLC now owns 931,526 shares of the retailer’s stock worth $75,221,000 after acquiring an additional 16,749 shares in the last quarter. Abner Herrman & Brock LLC raised its holdings in shares of Walmart by 1.0% in the third quarter. Abner Herrman & Brock LLC now owns 206,455 shares of the retailer’s stock valued at $16,671,000 after purchasing an additional 2,098 shares during the last quarter. Marcum Wealth LLC lifted its position in shares of Walmart by 1.2% during the third quarter. Marcum Wealth LLC now owns 25,536 shares of the retailer’s stock valued at $2,062,000 after purchasing an additional 297 shares in the last quarter. Finally, Wedmont Private Capital boosted its holdings in Walmart by 4.3% during the third quarter. Wedmont Private Capital now owns 55,842 shares of the retailer’s stock worth $4,417,000 after purchasing an additional 2,320 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Guggenheim lifted their price target on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Tigress Financial lifted their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Jefferies Financial Group raised their price objective on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, Truist Financial raised their price target on shares of Walmart from $89.00 to $98.00 and gave the stock 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 issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.01.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the business’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 directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is currently owned by insiders.

Walmart Stock Up 0.4 %

WMT opened at $102.86 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The business’s fifty day simple moving average is $93.67 and its 200 day simple moving average is $83.82. Walmart Inc. has a 52 week low of $55.85 and a 52 week high of $103.02. The stock has a market cap of $826.30 billion, a PE ratio of 42.21, a P/E/G ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company 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%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.51 EPS. As a group, research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current fiscal 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.