Regent Peak Wealth Advisors LLC Has $1.57 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Regent Peak Wealth Advisors LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 1.3% during the 4th quarter, HoldingsChannel reports. The fund owned 17,325 shares of the retailer’s stock after buying an additional 226 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Walmart were worth $1,565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Brophy Wealth Management LLC bought a new position in shares of Walmart during the 3rd quarter worth about $2,072,000. Iowa State Bank lifted its stake in Walmart by 213.8% during the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after purchasing an additional 18,263 shares during the period. Fisher Asset Management LLC boosted its holdings in Walmart by 4.6% during the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Walmart in the 3rd quarter valued at approximately $541,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Walmart by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock worth $2,522,369,000 after buying an additional 350,881 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Jefferies Financial Group boosted their price target on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. BMO Capital Markets upped their target price on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Melius Research initiated coverage on shares of Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target for the company. Stifel Nicolaus upped their price objective on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Finally, Wells Fargo & Company lifted their target price on shares of Walmart from $90.00 to $96.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $93.69.

Walmart Stock Down 0.4 %

Shares of NYSE WMT traded down $0.34 during trading on Tuesday, hitting $91.09. 4,191,017 shares of the company traded hands, compared to its average volume of 10,977,998. The firm has a market capitalization of $731.76 billion, a price-to-earnings ratio of 37.38, a P/E/G ratio of 4.47 and a beta of 0.55. The business’s fifty day moving average is $89.58 and its 200 day moving average is $79.96. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a fifty-two week low of $52.23 and a fifty-two week high of $96.18.

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. The business 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 firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 EPS. Equities research analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 2,065 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $80.69, for a total value of $166,624.85. Following the transaction, the executive vice president now directly owns 457,493 shares of the company’s stock, valued at approximately $36,915,110.17. This trade represents a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average cost of $91.81 per share, with a total value of $499,997.26. Following the completion of the transaction, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 140,412 shares of company stock worth $12,478,116 in the last ninety days. Corporate insiders own 45.58% of the company’s stock.

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.