Lazari Capital Management Inc. Has $1.03 Million Position in Walmart Inc. (NYSE:WMT)

Lazari Capital Management Inc. increased its stake in shares of Walmart Inc. (NYSE:WMT) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,436 shares of the retailer’s stock after purchasing an additional 316 shares during the quarter. Lazari Capital Management Inc.’s holdings in Walmart were worth $1,033,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Peterson Financial Group Inc. acquired a new position in shares of Walmart in the third quarter valued at approximately $26,000. Fiduciary Advisors Inc. bought a new stake in Walmart during the 4th quarter worth approximately $27,000. Voisard Asset Management Group Inc. raised its stake in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the fourth quarter worth $32,000. Finally, Hoese & Co LLP bought a new stake in shares of Walmart in the third quarter worth $33,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the transaction, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the sale, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 137,177 shares of company stock valued at $12,649,328. 45.58% of the stock is owned by insiders.

Analyst Ratings Changes

WMT has been the subject of several analyst reports. Sanford C. Bernstein raised their target price on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Barclays lifted their price objective on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research report on Thursday, November 21st. StockNews.com downgraded shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, Roth Mkm increased their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.37.

Walmart Price Performance

WMT opened at $100.92 on Wednesday. The firm’s fifty day moving average price is $93.27 and its two-hundred day moving average price is $83.48. The company has a market capitalization of $810.71 billion, a price-to-earnings ratio of 41.42, a P/E/G ratio of 4.49 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $55.85 and a 1 year high of $100.95.

Walmart (NYSE:WMT) last issued its quarterly earnings data 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. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the firm posted $0.51 EPS. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Walmart 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.