Buttonwood Financial Advisors Inc. Has $378,000 Position in Walmart Inc. (NYSE:WMT)

Buttonwood Financial Advisors Inc. reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 18.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,185 shares of the retailer’s stock after selling 920 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in Walmart were worth $378,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter worth $26,000. Voisard Asset Management Group Inc. boosted its holdings in Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter worth $32,000. Hoese & Co LLP bought a new position in Walmart during the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walmart in the third quarter worth about $36,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, January 10th. Morgan Stanley lifted their price target on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. UBS Group upped their price objective on shares of Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Bank of America lifted their target price on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Piper Sandler upped their price target on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $94.69.

Insider Buying and Selling

In related news, Director Robert Edward Jr. Moritz acquired 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, with a total value of $499,997.26. Following the acquisition, the director now directly owns 7,805 shares in the company, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the transaction, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,177 shares of company stock worth $12,895,688 in the last three months. Insiders own 45.58% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $97.36 on Wednesday. The firm has a market capitalization of $782.16 billion, a P/E ratio of 39.96, a P/E/G ratio of 4.42 and a beta of 0.55. The stock has a fifty day moving average price of $92.29 and a two-hundred day moving average price of $82.49. Walmart Inc. has a 52-week low of $54.51 and a 52-week high of $97.84. 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 (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

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.