U.S. Capital Wealth Advisors LLC Sells 11,492 Shares of Walmart Inc. (NYSE:WMT)

U.S. Capital Wealth Advisors LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 245,758 shares of the retailer’s stock after selling 11,492 shares during the quarter. Walmart makes up 0.7% of U.S. Capital Wealth Advisors LLC’s portfolio, making the stock its 21st largest holding. U.S. Capital Wealth Advisors LLC’s holdings in Walmart were worth $22,204,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Fiduciary Advisors Inc. bought a new position in shares of Walmart in the fourth quarter worth approximately $27,000. Peterson Financial Group Inc. purchased a new position in shares of Walmart during the 3rd quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in Walmart in the 4th quarter worth $32,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares in the last quarter. Finally, Hoese & Co LLP bought a new stake in Walmart during the third quarter valued at about $33,000. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

WMT opened at $99.60 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average of $93.07 and a 200 day moving average of $83.27. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $99.79. The stock has a market cap of $800.13 billion, a P/E ratio of 40.88, a PEG ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly 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. The company had revenue of $169.59 billion for 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 revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on WMT shares. Wells Fargo & Company increased their target price on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research report on Monday. Sanford C. Bernstein increased their price objective on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Morgan Stanley lifted their price objective 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. Roth Mkm raised their target price on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Barclays boosted their price target 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. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $95.37.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the completion of the purchase, the director now owns 7,805 shares of the company’s stock, valued at approximately $716,577.05. This represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 137,177 shares of company stock valued at $12,649,328. 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.