Greenleaf Trust Purchases 467 Shares of Walmart Inc. (NYSE:WMT)

Greenleaf Trust boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 139,470 shares of the retailer’s stock after buying an additional 467 shares during the period. Greenleaf Trust’s holdings in Walmart were worth $12,601,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WMT. Peterson Financial Group Inc. purchased a new position in shares of Walmart in the third quarter worth about $26,000. Fiduciary Advisors Inc. bought a new stake in shares of Walmart in the 4th quarter worth approximately $27,000. Voisard Asset Management Group Inc. raised its holdings in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after acquiring an additional 174 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in Walmart in the 4th quarter worth approximately $32,000. Finally, Hoese & Co LLP purchased a new stake in shares of Walmart during the 3rd quarter valued at about $33,000. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. BMO Capital Markets boosted their price objective on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Roth Mkm upped their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Stifel Nicolaus increased their price target on shares of Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Finally, Bank of America increased their price objective on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.37.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated 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 filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 137,177 shares of company stock worth $12,649,328. Company insiders own 45.58% of the company’s stock.

Walmart Trading Up 1.5 %

Shares of WMT stock opened at $99.60 on Tuesday. The stock’s fifty day moving average is $93.07 and its two-hundred day moving average is $83.27. 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 firm has a market capitalization of $800.13 billion, a P/E ratio of 40.88, a PEG ratio of 4.49 and a beta of 0.55. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $99.79.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 EPS. Research analysts expect 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.