Walmart Inc. (NYSE:WMT) Shares Acquired by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC lifted its holdings in Walmart Inc. (NYSE:WMT) by 4.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,858 shares of the retailer’s stock after purchasing an additional 1,972 shares during the period. Capital Investment Advisory Services LLC’s holdings in Walmart were worth $4,595,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WMT. Dakota Community Bank & Trust NA boosted its stake in shares of Walmart by 4.0% in the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after buying an additional 110 shares during the period. Kozak & Associates Inc. lifted its stake in Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after acquiring an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares in the last quarter. Hanson & Doremus Investment Management increased its position in shares of Walmart by 1.0% in the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock valued at $1,139,000 after purchasing an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC raised its holdings in shares of Walmart by 13.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after purchasing an additional 121 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the acquisition, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. The trade was a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 137,177 shares of company stock valued at $12,649,328 in the last quarter. 45.58% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on WMT. Royal Bank of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Walmart in a report on Wednesday, January 15th. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Piper Sandler boosted their target price on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research note on Thursday, November 21st. Finally, Stifel Nicolaus boosted their price objective on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $95.11.

Walmart Trading Down 0.7 %

NYSE:WMT opened at $97.97 on Friday. Walmart Inc. has a 1 year low of $55.04 and a 1 year high of $99.00. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The stock has a fifty day moving average price of $92.91 and a two-hundred day moving average price of $82.90. The stock has a market capitalization of $787.00 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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 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 analysts’ expectations of $167.69 billion. During the same quarter last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

About Walmart

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.