Hantz Financial Services Inc. Sells 7,059 Shares of Walmart Inc. (NYSE:WMT)

Hantz Financial Services Inc. lowered its position in Walmart Inc. (NYSE:WMT - Free Report) by 5.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 126,232 shares of the retailer's stock after selling 7,059 shares during the period. Hantz Financial Services Inc.'s holdings in Walmart were worth $11,405,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Jennison Associates LLC lifted its holdings in Walmart by 479.6% in the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock valued at $1,492,200,000 after buying an additional 15,290,936 shares during the period. FMR LLC raised its position in shares of Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock worth $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Walmart by 8,814.4% in the 3rd quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer's stock valued at $562,280,000 after purchasing an additional 6,885,106 shares during the period. Geode Capital Management LLC boosted its position in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock valued at $7,048,465,000 after purchasing an additional 2,786,061 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in Walmart by 4.6% during the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the completion of the transaction, the chief executive officer now owns 3,766,491 shares in the company, valued at $348,852,396.42. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company'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 transaction of $1,220,100.00. Following the sale, the executive vice president now owns 568,626 shares in the company, valued at $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. Insiders sold 137,177 shares of company stock valued at $12,649,328 over the last ninety days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of Walmart stock traded down $0.68 during trading hours on Friday, hitting $97.97. 16,379,679 shares of the company's stock traded hands, compared to its average volume of 15,055,752. The stock has a market capitalization of $787.00 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55. The company has a fifty day simple moving average of $92.91 and a 200-day simple moving average of $82.90. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 12-month low of $55.04 and a 12-month high of $99.00.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $167.69 billion. During the same period in the previous year, the company earned $0.51 earnings per share. The company's quarterly revenue was up 5.5% on a year-over-year basis. Equities research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on WMT. Sanford C. Bernstein increased their price target on Walmart from $98.00 to $102.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. DZ Bank lowered shares of Walmart from a "buy" rating to a "hold" rating and set a $91.00 target price on the stock. in a research note on Thursday, November 21st. Jefferies Financial Group lifted their price target on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a research note on Tuesday, December 17th. StockNews.com cut shares of Walmart from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, November 20th. Finally, Telsey Advisory Group boosted their target price on Walmart from $92.00 to $100.00 and gave the company an "outperform" rating in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.