Compass Wealth Management LLC Sells 920 Shares of Walmart Inc. (NYSE:WMT)

Compass Wealth Management LLC decreased its position in Walmart Inc. (NYSE:WMT) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,645 shares of the retailer’s stock after selling 920 shares during the quarter. Walmart makes up approximately 1.4% of Compass Wealth Management LLC’s portfolio, making the stock its 18th largest holding. Compass Wealth Management LLC’s holdings in Walmart were worth $5,750,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Walmart in the second quarter valued at about $270,000. Driehaus Capital Management LLC boosted its position in shares of Walmart by 25.2% in the second quarter. Driehaus Capital Management LLC now owns 13,461 shares of the retailer’s stock valued at $911,000 after acquiring an additional 2,706 shares during the period. Buck Wealth Strategies LLC bought a new stake in shares of Walmart in the second quarter valued at approximately $7,440,000. Creative Planning boosted its position in shares of Walmart by 4.7% in the second quarter. Creative Planning now owns 1,717,367 shares of the retailer’s stock valued at $116,283,000 after acquiring an additional 76,774 shares during the period. Finally, Copperwynd Financial LLC bought a new stake in shares of Walmart in the second quarter valued at approximately $865,000. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WMT. Jefferies Financial Group upped their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Bank of America upped their price objective on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial boosted their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. BMO Capital Markets boosted their price objective on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, Roth Mkm boosted their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.69.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This represents a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average cost of $91.81 per share, with a total value of $499,997.26. Following the completion of the purchase, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 140,177 shares of company stock worth $12,895,688 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Walmart Stock Performance

WMT stock opened at $94.84 on Monday. 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 company has a 50 day moving average price of $92.02 and a 200 day moving average price of $82.21. Walmart Inc. has a fifty-two week low of $53.47 and a fifty-two week high of $96.18. The stock has a market capitalization of $761.90 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period last year, the company earned $0.51 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. 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.