JNBA Financial Advisors Sells 115 Shares of Walmart Inc. (NYSE:WMT)

JNBA Financial Advisors decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,612 shares of the retailer’s stock after selling 115 shares during the period. JNBA Financial Advisors’ holdings in Walmart were worth $236,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fiduciary Advisors Inc. bought a new position in shares of Walmart in the 4th quarter worth approximately $27,000. Peterson Financial Group Inc. bought a new position in shares of Walmart in the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new position in shares of Walmart in the 4th quarter worth approximately $32,000. Voisard Asset Management Group Inc. raised its position in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after acquiring an additional 174 shares in the last quarter. Finally, Livelsberger Financial Advisory bought a new position in shares of Walmart in the 3rd quarter worth approximately $36,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

WMT stock opened at $104.04 on Monday. The company has a market cap of $835.78 billion, a P/E ratio of 42.70, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. Walmart Inc. has a 1 year low of $55.99 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The stock’s fifty day moving average price is $94.99 and its 200-day moving average price is $85.44.

Walmart (NYSE:WMT) last released its quarterly 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 the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.51 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several research reports. KeyCorp increased their target price on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Citigroup increased their target price on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Barclays upped their price target on Walmart from $98.00 to $108.00 and gave the stock an “overweight” rating in a research note on Friday. BMO Capital Markets upped their price target on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Jefferies Financial Group upped their price target on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Two equities research 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.com, the company currently has an average rating of “Moderate Buy” and an average target price of $100.53.

Insider Buying and Selling

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

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.