Walmart Inc. (NYSE:WMT) Shares Bought by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC increased its stake in Walmart Inc. (NYSE:WMT) by 137.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,905 shares of the retailer’s stock after acquiring an additional 8,061 shares during the quarter. Stoneridge Investment Partners LLC’s holdings in Walmart were worth $1,256,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Moloney Securities Asset Management LLC raised its holdings in shares of Walmart by 3.8% during the fourth quarter. Moloney Securities Asset Management LLC now owns 55,581 shares of the retailer’s stock valued at $5,022,000 after acquiring an additional 2,032 shares during the period. Hobart Private Capital LLC raised its stake in Walmart by 1.6% during the 4th quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer’s stock valued at $626,000 after purchasing an additional 111 shares during the period. Advisory Resource Group lifted its holdings in shares of Walmart by 11.7% in the fourth quarter. Advisory Resource Group now owns 9,044 shares of the retailer’s stock valued at $817,000 after purchasing an additional 945 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in shares of Walmart by 8.4% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 138,770 shares of the retailer’s stock worth $12,538,000 after buying an additional 10,741 shares during the period. Finally, D Orazio & Associates Inc. grew its holdings in shares of Walmart by 1.8% during the fourth quarter. D Orazio & Associates Inc. now owns 17,839 shares of the retailer’s stock valued at $1,612,000 after buying an additional 308 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of several research analyst reports. Robert W. Baird increased their price objective on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. UBS Group raised their price target on shares of Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Tigress Financial upped their price objective on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Guggenheim increased their target price on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Barclays boosted their price target on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Two equities research 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.01.

Walmart Trading Down 1.6 %

Shares of NYSE:WMT opened at $101.17 on Monday. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $103.11. 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 company has a market cap of $812.73 billion, a P/E ratio of 41.52, a P/E/G ratio of 4.25 and a beta of 0.55. The stock’s 50-day moving average is $94.07 and its 200-day moving average is $84.26.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the business posted $0.51 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities research analysts predict that Walmart Inc. will post 2.48 earnings per share 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.