Key Client Fiduciary Advisors LLC Acquires 3,882 Shares of Walmart Inc. (NYSE:WMT)

Key Client Fiduciary Advisors LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 10.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,497 shares of the retailer's stock after buying an additional 3,882 shares during the period. Walmart comprises approximately 1.6% of Key Client Fiduciary Advisors LLC's portfolio, making the stock its 12th largest position. Key Client Fiduciary Advisors LLC's holdings in Walmart were worth $3,659,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price objective on Walmart from $96.00 to $100.00 and gave the stock an "overweight" rating in a research report on Friday, January 10th. Royal Bank of Canada reissued an "outperform" rating and issued a $105.00 price target on shares of Walmart in a research note on Wednesday, January 15th. Oppenheimer raised their price objective on shares of Walmart from $81.00 to $90.00 and gave the stock an "outperform" rating in a research report on Monday, October 14th. Morgan Stanley boosted their target price on shares of Walmart from $100.00 to $106.00 and gave the company an "overweight" rating in a research report on Tuesday. Finally, Jefferies Financial Group raised their price target on shares of Walmart from $105.00 to $111.00 and gave the stock a "buy" rating in a report on Tuesday, December 17th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and an average target price of $94.69.

Walmart Stock Performance

NYSE:WMT traded up $1.03 on Friday, reaching $94.84. 14,969,066 shares of the company's stock were exchanged, compared to its average volume of 12,195,606. The firm has a market cap of $761.90 billion, a price-to-earnings ratio of 38.92, a P/E/G ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The stock has a fifty day simple moving average of $92.02 and a 200-day simple moving average of $82.13. Walmart Inc. has a 52 week low of $53.47 and a 52 week high of $96.18.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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. The business 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 was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS. As a group, sell-side analysts predict that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, SVP David Chojnowski sold 5,600 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the sale, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This trade represents a 6.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction 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 sale, the executive vice president now directly owns 568,626 shares of the company's stock, valued at $52,859,472.96. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock valued at $12,895,688 in the last quarter. 45.58% of the stock is currently owned by corporate insiders.

About Walmart

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.