Wiser Wealth Management Inc Buys 249 Shares of Walmart Inc. (NYSE:WMT)

Wiser Wealth Management Inc increased its position in Walmart Inc. (NYSE:WMT) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,310 shares of the retailer’s stock after buying an additional 249 shares during the period. Wiser Wealth Management Inc’s holdings in Walmart were worth $299,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in WMT. Apella Capital LLC lifted its holdings in shares of Walmart by 7.7% in the 4th quarter. Apella Capital LLC now owns 8,132 shares of the retailer’s stock worth $735,000 after purchasing an additional 584 shares in the last quarter. First Community Trust NA raised its holdings in Walmart by 2.0% during the fourth quarter. First Community Trust NA now owns 23,428 shares of the retailer’s stock worth $2,117,000 after buying an additional 466 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Walmart by 43.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 48,767 shares of the retailer’s stock valued at $4,406,000 after buying an additional 14,824 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of Walmart by 13.0% during the fourth quarter. Park Avenue Securities LLC now owns 199,841 shares of the retailer’s stock valued at $18,056,000 after buying an additional 23,008 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its position in shares of Walmart by 7.4% during the fourth quarter. Kathmere Capital Management LLC now owns 54,655 shares of the retailer’s stock worth $4,938,000 after acquiring an additional 3,752 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Price Performance

Walmart stock opened at $91.39 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The firm has a market capitalization of $734.17 billion, a P/E ratio of 37.51, a PEG ratio of 4.41 and a beta of 0.55. The business has a fifty day moving average price of $90.70 and a 200-day moving average price of $80.96.

Walmart (NYSE:WMT) last issued its 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the company earned $0.51 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts forecast that Walmart Inc. will post 2.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $105.00 target price on shares of Walmart in a research report on Wednesday. Piper Sandler increased their price target on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. Melius Research began coverage on shares of Walmart in a report on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective on the stock. Finally, Robert W. Baird increased their target price on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $94.49.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the sale, the executive vice president now owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the transaction, the chief executive officer now owns 3,843,929 shares in the company, valued at $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 138,347 shares of company stock valued at $12,311,491. Corporate insiders own 45.58% of the company’s stock.

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.