WoodTrust Financial Corp Grows Stock Position in Walmart Inc. (NYSE:WMT)

WoodTrust Financial Corp grew its position in Walmart Inc. (NYSE:WMT) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 147,438 shares of the retailer’s stock after acquiring an additional 872 shares during the quarter. Walmart comprises 1.7% of WoodTrust Financial Corp’s holdings, making the stock its 17th largest position. WoodTrust Financial Corp’s holdings in Walmart were worth $11,906,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hanseatic Management Services Inc. purchased a new position in shares of Walmart in the third quarter valued at approximately $72,000. Bridgewater Advisors Inc. lifted its position in Walmart by 1.6% during the third quarter. Bridgewater Advisors Inc. now owns 19,968 shares of the retailer’s stock worth $1,631,000 after buying an additional 317 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its position in Walmart by 7.0% during the third quarter. Walkner Condon Financial Advisors LLC now owns 4,969 shares of the retailer’s stock worth $401,000 after buying an additional 324 shares in the last quarter. Baugh & Associates LLC lifted its position in Walmart by 0.5% during the third quarter. Baugh & Associates LLC now owns 101,348 shares of the retailer’s stock worth $7,941,000 after buying an additional 499 shares in the last quarter. Finally, Advisor Resource Council purchased a new position in Walmart during the third quarter worth approximately $868,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the transaction, the executive vice president now owns 593,040 shares in the company, valued at approximately $49,198,598.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total value of $1,088,850.00. Following the sale, the executive vice president now owns 593,040 shares in the company, valued at $49,198,598.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $77.48, for a total value of $232,440.00. Following the completion of the sale, the executive vice president now owns 384,165 shares in the company, valued at approximately $29,765,104.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock.

Walmart Stock Down 0.3 %

WMT opened at $83.44 on Thursday. The business has a 50 day moving average price of $80.22 and a two-hundred day moving average price of $71.67. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. The company has a market cap of $670.71 billion, a PE ratio of 43.46, a P/E/G ratio of 4.13 and a beta of 0.51. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $85.54.

Walmart (NYSE:WMT) last released its earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The company had revenue of $169.30 billion for the quarter, compared to analysts’ expectations of $168.56 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, research analysts anticipate that Walmart Inc. will post 2.44 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on WMT shares. Jefferies Financial Group lifted their price objective on Walmart from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Guggenheim lifted their price objective on Walmart from $81.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Evercore ISI raised their target price on Walmart from $82.00 to $85.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. Morgan Stanley raised their target price on Walmart from $75.00 to $82.00 and gave the stock an “overweight” rating in a research note on Friday, August 16th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $80.00 target price on shares of Walmart in a research note on Friday, August 16th. One equities research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $83.89.

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.