Walmart Inc. (NYSE:WMT) Position Increased by Arlington Trust Co LLC

Arlington Trust Co LLC increased its stake in Walmart Inc. (NYSE:WMT - Free Report) by 15.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,219 shares of the retailer's stock after buying an additional 3,306 shares during the period. Walmart accounts for 0.5% of Arlington Trust Co LLC's portfolio, making the stock its 27th largest position. Arlington Trust Co LLC's holdings in Walmart were worth $2,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. SC&H Financial Advisors Inc. boosted its holdings in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock worth $924,000 after purchasing an additional 103 shares during the last quarter. Dakota Community Bank & Trust NA raised its position in Walmart by 4.0% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer's stock worth $260,000 after acquiring an additional 110 shares during the period. Hobart Private Capital LLC raised its position in Walmart by 1.6% in the fourth quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer's stock worth $626,000 after acquiring an additional 111 shares during the period. Kozak & Associates Inc. raised its position in Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer's stock worth $56,000 after acquiring an additional 113 shares during the period. Finally, Summit Financial Wealth Advisors LLC raised its position in Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer's stock worth $1,915,000 after acquiring an additional 118 shares during the period. 26.76% of the stock is owned by institutional investors.

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Insider Activity at Walmart

In related news, EVP John D. Rainey sold 38,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the transaction, the executive vice president now directly owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now directly owns 568,626 shares of the company's stock, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. StockNews.com downgraded shares of Walmart from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised their price objective on shares of Walmart from $97.00 to $112.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. Oppenheimer raised their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. TD Cowen raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an "outperform" 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 issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $99.17.

Walmart Price Performance

NYSE:WMT traded down $1.01 during trading hours on Friday, reaching $104.04. The company had a trading volume of 14,096,845 shares, compared to its average volume of 15,084,413. The stock has a 50-day moving average of $94.99 and a two-hundred day moving average of $85.33. Walmart Inc. has a one year low of $55.99 and a one year high of $105.30. The firm has a market capitalization of $835.78 billion, a PE ratio of 42.70, a PEG ratio of 4.25 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 - Get Free Report) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current year.

Walmart Company 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.