LexAurum Advisors LLC Grows Position in Walmart Inc. (NYSE:WMT)

LexAurum Advisors LLC boosted its holdings in Walmart Inc. (NYSE:WMT) by 8.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,829 shares of the retailer’s stock after acquiring an additional 810 shares during the period. LexAurum Advisors LLC’s holdings in Walmart were worth $978,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Peterson Financial Group Inc. bought a new position in Walmart during the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Walmart during the 4th quarter valued at $32,000. Voisard Asset Management Group Inc. lifted its holdings in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after buying an additional 174 shares during the period. Hoese & Co LLP purchased a new position in shares of Walmart in the 3rd quarter worth $33,000. Finally, Livelsberger Financial Advisory purchased a new stake in Walmart during the third quarter valued at $36,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the transaction, the executive vice president now owns 568,626 shares of the company’s stock, valued at $52,859,472.96. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 140,177 shares of company stock valued at $12,895,688. 45.58% of the stock is currently owned by insiders.

Walmart Price Performance

WMT stock opened at $94.84 on Friday. Walmart Inc. has a 52 week low of $53.47 and a 52 week high of $96.18. The firm has a market capitalization of $761.90 billion, a P/E ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company has a fifty day simple moving average of $92.02 and a two-hundred day simple moving average of $82.13. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the firm earned $0.51 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on WMT. Jefferies Financial Group raised their target price on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Morgan Stanley boosted their target price on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Wells Fargo & Company boosted their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. Finally, Tigress Financial raised their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $94.69.

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.