Foster & Motley Inc. Has $8.68 Million Stake in Walmart Inc. (NYSE:WMT)

Foster & Motley Inc. reduced its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 9.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,046 shares of the retailer's stock after selling 10,353 shares during the quarter. Foster & Motley Inc.'s holdings in Walmart were worth $8,678,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Walmart during the 3rd quarter valued at $26,000. Voisard Asset Management Group Inc. raised its position in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock valued at $32,000 after purchasing an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the 4th quarter worth about $32,000. Hoese & Co LLP bought a new stake in shares of Walmart during the 3rd quarter worth about $33,000. Finally, Livelsberger Financial Advisory acquired a new position in Walmart in the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the transaction, the director now owns 7,805 shares of the company's stock, valued at $716,577.05. The trade was a 230.86 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total value of $2,697,464.88. Following the sale, the chief executive officer now directly owns 3,766,491 shares of the company's stock, valued at $348,852,396.42. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 137,177 shares of company stock worth $12,649,328. Insiders own 45.58% of the company's stock.

Walmart Trading Down 0.7 %

Shares of WMT stock opened at $97.97 on Friday. The stock's fifty day simple moving average is $92.91 and its 200 day simple moving average is $82.90. Walmart Inc. has a twelve month low of $55.04 and a twelve month high of $99.00. 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 firm has a market capitalization of $787.00 billion, a P/E ratio of 40.20, a P/E/G ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT - Get Free Report) last released 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. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the firm earned $0.51 earnings per share. The company's revenue for the quarter was up 5.5% on a year-over-year basis. As a group, sell-side analysts predict that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada restated an "outperform" rating and set a $105.00 price objective on shares of Walmart in a report on Wednesday, January 15th. DZ Bank downgraded Walmart from a "buy" rating to a "hold" rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Stifel Nicolaus increased their price objective on Walmart from $89.00 to $94.00 and gave the stock a "hold" rating in a research report on Tuesday, December 10th. Telsey Advisory Group boosted their target price on shares of Walmart from $92.00 to $100.00 and gave the company an "outperform" rating in a research report on Tuesday, November 19th. Finally, Barclays raised their price target on shares of Walmart from $90.00 to $98.00 and gave the stock an "overweight" rating in a research report on Thursday, January 9th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $95.11.

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.

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