Walmart Inc. (NYSE:WMT) Shares Acquired by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC increased its position in shares of Walmart Inc. (NYSE:WMT) by 733.1% in the fourth quarter, HoldingsChannel reports. The firm owned 21,960 shares of the retailer’s stock after acquiring an additional 19,324 shares during the quarter. Walmart accounts for 1.1% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. FOCUS Wealth Advisors LLC’s holdings in Walmart were worth $1,984,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Trueblood Wealth Management LLC boosted its holdings in Walmart by 17.1% in the fourth quarter. Trueblood Wealth Management LLC now owns 14,879 shares of the retailer’s stock valued at $1,344,000 after purchasing an additional 2,177 shares during the last quarter. Scott Capital Advisors LLC purchased a new stake in shares of Walmart in the fourth quarter worth about $209,000. Lincoln Capital LLC grew its holdings in Walmart by 4.4% during the fourth quarter. Lincoln Capital LLC now owns 21,501 shares of the retailer’s stock worth $1,943,000 after acquiring an additional 903 shares during the period. Diversify Advisory Services LLC raised its position in Walmart by 6.0% during the fourth quarter. Diversify Advisory Services LLC now owns 20,310 shares of the retailer’s stock valued at $1,889,000 after acquiring an additional 1,152 shares in the last quarter. Finally, Diversify Wealth Management LLC boosted its position in Walmart by 11.3% in the 4th quarter. Diversify Wealth Management LLC now owns 70,815 shares of the retailer’s stock worth $6,586,000 after purchasing an additional 7,199 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the completion of the transaction, the chief executive officer now owns 3,843,929 shares of the company’s stock, valued at approximately $318,238,881.91. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 140,177 shares of company stock worth $12,478,149 over the last 90 days. 45.58% of the stock is owned by insiders.

Walmart Stock Up 0.8 %

Shares of NYSE:WMT opened at $92.02 on Tuesday. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18. The firm’s 50 day moving average price is $91.15 and its 200 day moving average price is $81.46. The stock has a market cap of $739.19 billion, a price-to-earnings ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. 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 (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.51 earnings per share. As a group, equities research analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Guggenheim boosted their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Barclays increased their target price on shares of Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Redburn Atlantic upgraded Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Finally, Stifel Nicolaus boosted their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $94.49.

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.