Captrust Financial Advisors Has $82.93 Million Stake in Walmart Inc. (NYSE:WMT)

Captrust Financial Advisors increased its position in Walmart Inc. (NYSE:WMT - Free Report) by 4.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,027,052 shares of the retailer's stock after buying an additional 39,095 shares during the period. Captrust Financial Advisors' holdings in Walmart were worth $82,934,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the 3rd quarter valued at $26,000. TruNorth Capital Management LLC raised its holdings in Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer's stock valued at $29,000 after buying an additional 249 shares in the last quarter. Cultivar Capital Inc. acquired a new stake in shares of Walmart in the second quarter worth about $29,000. Voisard Asset Management Group Inc. boosted its stake in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock worth $32,000 after acquiring an additional 174 shares in the last quarter. Finally, Hoese & Co LLP acquired a new position in shares of Walmart during the 3rd quarter valued at about $33,000. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of NYSE WMT traded up $0.62 during midday trading on Friday, reaching $92.50. 11,041,178 shares of the company traded hands, compared to its average volume of 16,881,605. Walmart Inc. has a 12 month low of $49.85 and a 12 month high of $92.64. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.23 and a current ratio of 0.85. The stock's 50-day simple moving average is $83.08 and its 200-day simple moving average is $74.60. The firm has a market cap of $743.54 billion, a PE ratio of 37.75, a PEG ratio of 4.36 and a beta of 0.51.

Walmart (NYSE:WMT - Get Free Report) 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, equities analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on WMT. UBS Group upped their target price on Walmart from $92.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. Guggenheim upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. BMO Capital Markets lifted their target price on shares of Walmart from $80.00 to $100.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Barclays upped their price target on shares of Walmart from $78.00 to $90.00 and gave the company an "overweight" rating in a report on Friday, November 22nd. Finally, Jefferies Financial Group lifted their price objective on Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $91.88.

Insider Transactions at Walmart

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $77.48, for a total transaction of $232,440.00. Following the completion of the sale, the executive vice president now owns 384,165 shares in the company, valued at approximately $29,765,104.20. The trade was a 0.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Alice L. Walton sold 2,375,563 shares of the firm's stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $76.96, for a total value of $182,823,328.48. Following the completion of the transaction, the insider now owns 619,646,544 shares in the company, valued at $47,687,998,026.24. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,337,337 shares of company stock valued at $958,823,647 in the last three months. 45.58% of the stock is owned by corporate insiders.

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.