Walmart Inc. (NYSE:WMT) Holdings Boosted by 626 Financial LLC

626 Financial LLC grew its stake in shares of Walmart Inc. (NYSE:WMT) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,187 shares of the retailer’s stock after acquiring an additional 379 shares during the period. Walmart accounts for 0.6% of 626 Financial LLC’s investment portfolio, making the stock its 28th biggest holding. 626 Financial LLC’s holdings in Walmart were worth $1,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of WMT. Kozak & Associates Inc. lifted its holdings in Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after buying an additional 113 shares during the period. Summit Financial Wealth Advisors LLC grew its position in shares of Walmart by 0.5% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after acquiring an additional 118 shares during the period. Lowe Wealth Advisors LLC lifted its stake in shares of Walmart by 13.5% during the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock worth $92,000 after buying an additional 121 shares during the last quarter. Providence Wealth Advisors LLC raised its stake in Walmart by 0.3% in the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after purchasing an additional 122 shares in the last quarter. Finally, 3Chopt Investment Partners LLC raised its stake in Walmart by 0.4% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after purchasing an additional 124 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total transaction of $512,120.00. Following the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This trade represents a 6.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 138,347 shares of company stock worth $12,311,491 in the last 90 days. Company insiders own 45.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WMT. Evercore ISI lifted their price target on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. 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 report on Tuesday, December 10th. UBS Group increased their target price on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. TD Cowen increased their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, Bank of America increased their price target on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Two investment 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. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $94.08.

Walmart Trading Down 0.8 %

NYSE WMT opened at $90.79 on Wednesday. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The stock has a 50-day simple moving average of $90.70 and a 200 day simple moving average of $80.96. The company has a market capitalization of $729.35 billion, a PE ratio of 37.26, a P/E/G ratio of 4.47 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm posted $0.51 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Research analysts forecast that Walmart Inc. will post 2.47 EPS for the current 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.