Meadow Creek Wealth Advisors LLC Purchases 127 Shares of Walmart Inc. (NYSE:WMT)

Meadow Creek Wealth Advisors LLC raised its position in Walmart Inc. (NYSE:WMT) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,389 shares of the retailer’s stock after buying an additional 127 shares during the quarter. Walmart comprises about 1.8% of Meadow Creek Wealth Advisors LLC’s portfolio, making the stock its 11th largest position. Meadow Creek Wealth Advisors LLC’s holdings in Walmart were worth $2,475,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Brophy Wealth Management LLC bought a new position in Walmart in the 3rd quarter valued at about $2,072,000. Bank of New Hampshire increased its holdings in Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after buying an additional 5,786 shares during the period. Iowa State Bank increased its holdings in Walmart by 213.8% in the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares during the period. Fisher Asset Management LLC increased its holdings in Walmart by 4.6% in 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 buying an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC acquired a new stake in shares of Walmart in the 3rd quarter valued at approximately $541,000. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 38,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now owns 257,281 shares in the company, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is owned by corporate insiders.

Walmart Stock Performance

NYSE:WMT opened at $101.17 on Friday. The company has a fifty day moving average of $93.89 and a 200-day moving average of $83.95. The firm has a market capitalization of $812.73 billion, a P/E ratio of 41.52, a P/E/G ratio of 4.49 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 Inc. has a twelve month low of $55.85 and a twelve month high of $103.11.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share 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 analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley raised their price target on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. UBS Group raised their price target on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research note on Friday, January 31st. KeyCorp raised their price target on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Evercore ISI raised their price target on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, Barclays raised their price target on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. Two research 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.01.

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.