Annex Advisory Services LLC Buys 328 Shares of Walmart Inc. (NYSE:WMT)

Annex Advisory Services LLC lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,288 shares of the retailer’s stock after acquiring an additional 328 shares during the quarter. Annex Advisory Services LLC’s holdings in Walmart were worth $1,472,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Brophy Wealth Management LLC bought a new stake in shares of Walmart during the 3rd quarter worth about $2,072,000. Bank of New Hampshire boosted its stake in shares of Walmart by 13.7% during the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after acquiring an additional 5,786 shares in the last quarter. Iowa State Bank boosted its stake in Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after purchasing an additional 18,263 shares during the period. Fisher Asset Management LLC boosted its stake in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC bought a new stake in Walmart during the 3rd quarter valued at approximately $541,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on 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. In the last ninety days, insiders sold 140,177 shares of company stock valued at $12,478,149. Company insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.8 %

NYSE WMT opened at $92.02 on Tuesday. The stock has a fifty day moving average of $91.15 and a 200-day moving average of $81.46. The stock has a market capitalization of $739.19 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion during 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%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS. On average, equities research analysts forecast that Walmart Inc. will post 2.47 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several recent analyst reports. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research note on Thursday, November 21st. Barclays increased their target price on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Guggenheim increased their target price on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. UBS Group increased their target price on Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, TD Cowen raised their price objective on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Two 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.49.

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.