Roman Butler Fullerton & Co. Has $5.81 Million Position in Walmart Inc. (NYSE:WMT)

Roman Butler Fullerton & Co. trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,695 shares of the retailer’s stock after selling 6,198 shares during the period. Walmart comprises approximately 1.6% of Roman Butler Fullerton & Co.’s investment portfolio, making the stock its 10th biggest position. Roman Butler Fullerton & Co.’s holdings in Walmart were worth $5,814,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SC&H Financial Advisors Inc. lifted its position in shares of Walmart by 1.0% during the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock worth $924,000 after purchasing an additional 103 shares in the last quarter. Dakota Community Bank & Trust NA lifted its position in shares of Walmart by 4.0% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after purchasing an additional 110 shares in the last quarter. Rooted Wealth Advisors Inc. lifted its position in shares of Walmart by 2.6% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 4,344 shares of the retailer’s stock worth $394,000 after purchasing an additional 110 shares in the last quarter. Hobart Private Capital LLC lifted its position in shares of Walmart by 1.6% during the fourth quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer’s stock worth $626,000 after purchasing an additional 111 shares in the last quarter. Finally, Kozak & Associates Inc. lifted its position in shares of Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after purchasing an additional 113 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Wednesday, November 27th. The shares were 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 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 document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. The trade was a 0.40 % 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 insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. KeyCorp upped their target price on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Robert W. Baird increased their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Oppenheimer increased their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Jefferies Financial Group increased their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, Telsey Advisory Group increased their price objective on shares of Walmart from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday. Two investment 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 company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $99.17.

Walmart Stock Down 1.0 %

Shares of WMT stock opened at $104.04 on Friday. The firm has a fifty day moving average of $94.83 and a 200-day moving average of $85.09. 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 Inc. has a 12-month low of $55.99 and a 12-month high of $105.30. The company has a market capitalization of $835.78 billion, a price-to-earnings ratio of 42.70, a P/E/G ratio of 4.25 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping 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 company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts predict that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.