Hilltop Wealth Advisors LLC Lowers Position in Walmart Inc. (NYSE:WMT)

Hilltop Wealth Advisors LLC decreased its stake in Walmart Inc. (NYSE:WMT) by 14.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,688 shares of the retailer’s stock after selling 469 shares during the period. Hilltop Wealth Advisors LLC’s holdings in Walmart were worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in Walmart in the 3rd quarter worth approximately $26,000. Voisard Asset Management Group Inc. increased its stake in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares in the last quarter. Hoese & Co LLP bought a new stake in shares of Walmart during the 3rd quarter valued at $33,000. Livelsberger Financial Advisory purchased a new position in shares of Walmart during the 3rd quarter valued at $36,000. Finally, Hara Capital LLC bought a new position in Walmart in the 3rd quarter worth $37,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the sale, the chief executive officer now owns 3,843,929 shares of the company’s stock, valued at approximately $318,238,881.91. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,412 shares of company stock valued at $12,478,116 over the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Up 0.6 %

WMT stock traded up $0.54 during mid-day trading on Wednesday, reaching $91.35. The company had a trading volume of 4,210,914 shares, compared to its average volume of 11,062,158. 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 market capitalization of $733.85 billion, a PE ratio of 37.49, a price-to-earnings-growth ratio of 4.47 and a beta of 0.55. The firm has a 50 day moving average of $89.76 and a 200 day moving average of $80.13. Walmart Inc. has a 12 month low of $52.58 and a 12 month high of $96.18.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating 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 business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period in the previous year, the company posted $0.51 EPS. Walmart’s revenue was up 5.5% on a year-over-year basis. On average, equities analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on WMT shares. Stifel Nicolaus boosted their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a report on Thursday, November 21st. Oppenheimer increased their price objective on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Evercore ISI boosted their target price on shares of Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, Robert W. Baird upped their target price on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $93.69.

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.