Radnor Capital Management LLC Sells 3,535 Shares of Walmart Inc. (NYSE:WMT)

Radnor Capital Management LLC decreased its position in Walmart Inc. (NYSE:WMT) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 70,835 shares of the retailer’s stock after selling 3,535 shares during the quarter. Walmart comprises approximately 1.1% of Radnor Capital Management LLC’s portfolio, making the stock its 17th largest holding. Radnor Capital Management LLC’s holdings in Walmart were worth $6,400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Community Trust NA grew its holdings in shares of Walmart by 2.0% in the fourth quarter. First Community Trust NA now owns 23,428 shares of the retailer’s stock valued at $2,117,000 after acquiring an additional 466 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in Walmart by 43.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 48,767 shares of the retailer’s stock worth $4,406,000 after purchasing an additional 14,824 shares during the last quarter. Park Avenue Securities LLC grew its stake in Walmart by 13.0% in the 4th quarter. Park Avenue Securities LLC now owns 199,841 shares of the retailer’s stock valued at $18,056,000 after purchasing an additional 23,008 shares during the period. Kathmere Capital Management LLC increased its position in shares of Walmart by 7.4% during the 4th quarter. Kathmere Capital Management LLC now owns 54,655 shares of the retailer’s stock valued at $4,938,000 after purchasing an additional 3,752 shares during the last quarter. Finally, Board of the Pension Protection Fund purchased a new position in shares of Walmart in the 4th quarter worth about $1,211,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.7 %

WMT stock opened at $91.39 on Thursday. Walmart Inc. has a 1-year low of $53.44 and a 1-year high of $96.18. The stock has a market cap of $734.17 billion, a price-to-earnings ratio of 37.51, a price-to-earnings-growth ratio of 4.41 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. The company’s 50 day moving average is $90.70 and its 200 day moving average is $80.96.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts predict that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several research reports. Bank of America lifted their price objective on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Roth Mkm upped their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. KeyCorp raised their target price on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Melius Research initiated coverage on Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target on the stock. Finally, Oppenheimer lifted their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Two 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.49.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now directly 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total value of $1,088,850.00. Following the completion of the sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 138,347 shares of company stock valued at $12,311,491 over the last 90 days. Insiders own 45.58% of the company’s stock.

Walmart Company 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.