Bank Hapoalim BM Has $448,000 Stock Position in Walmart Inc. (NYSE:WMT)

Bank Hapoalim BM lessened its holdings in Walmart Inc. (NYSE:WMT) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,956 shares of the retailer’s stock after selling 555 shares during the period. Bank Hapoalim BM’s holdings in Walmart were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Dakota Community Bank & Trust NA grew its position in Walmart by 4.0% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after acquiring an additional 110 shares during the last quarter. Kozak & Associates Inc. grew its position 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 acquiring an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its position in Walmart by 0.5% in the third 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 last quarter. Hanson & Doremus Investment Management grew its position in Walmart by 1.0% in the fourth quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock valued at $1,139,000 after acquiring an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC grew its position in Walmart by 13.5% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of recent analyst reports. Barclays lifted their target price on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. KeyCorp boosted their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Oppenheimer boosted their price target on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Wednesday. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a report on Thursday, November 21st. Finally, Sanford C. Bernstein boosted their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” 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 stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $96.01.

Walmart Price Performance

Shares of WMT opened at $102.47 on Thursday. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $102.58. 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 business’s 50 day moving average price is $93.46 and its two-hundred day moving average price is $83.69. The firm has a market cap of $823.21 billion, a PE ratio of 42.05, a price-to-earnings-growth ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s 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 sale, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This represents 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 this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $92.00, for a total value of $1,207,500.00. Following the sale, the executive vice president now owns 579,915 shares of the company’s stock, valued at $53,352,180. This trade represents a 2.21 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is owned by corporate insiders.

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.