Lee Johnson Capital Management LLC Buys Shares of 52,801 Walmart Inc. (NYSE:WMT)

Lee Johnson Capital Management LLC acquired a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 52,801 shares of the retailer's stock, valued at approximately $4,771,000. Walmart makes up approximately 2.5% of Lee Johnson Capital Management LLC's holdings, making the stock its 13th largest position.

A number of other large investors have also added to or reduced their stakes in WMT. SFG Wealth Management LLC. lifted its stake in shares of Walmart by 466.2% in the fourth quarter. SFG Wealth Management LLC. now owns 28,853 shares of the retailer's stock worth $2,607,000 after buying an additional 23,757 shares in the last quarter. Strong Tower Advisory Services lifted its position in Walmart by 3.4% in the 4th quarter. Strong Tower Advisory Services now owns 30,037 shares of the retailer's stock valued at $2,714,000 after acquiring an additional 992 shares in the last quarter. Wealth Management Partners LLC boosted its stake in Walmart by 5.8% during the 4th quarter. Wealth Management Partners LLC now owns 15,506 shares of the retailer's stock valued at $1,401,000 after purchasing an additional 846 shares during the last quarter. Access Financial Services Inc. bought a new stake in shares of Walmart in the 4th quarter worth $264,000. Finally, M.E. Allison & CO. Inc. bought a new position in shares of Walmart during the fourth quarter valued at $490,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the sale, the chief executive officer now directly owns 3,843,929 shares of the company's stock, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares of the company's stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock valued at $12,478,149 in the last three months. Corporate insiders own 45.58% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on WMT shares. Robert W. Baird raised their price target on shares of Walmart from $90.00 to $100.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. Evercore ISI raised their target price on shares of Walmart from $94.00 to $96.00 and gave the stock an "outperform" rating in a report on Tuesday, December 3rd. Roth Mkm boosted their target price on shares of Walmart from $81.00 to $97.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Telsey Advisory Group raised their price target on Walmart from $92.00 to $100.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 19th. Finally, BMO Capital Markets upped their price objective on Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $94.69.

Walmart Price Performance

Shares of WMT stock traded up $0.86 during trading hours on Tuesday, hitting $92.80. The stock had a trading volume of 10,410,869 shares, compared to its average volume of 14,300,430. 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 market capitalization of $745.46 billion, a price-to-earnings ratio of 38.09, a PEG ratio of 4.36 and a beta of 0.55. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The stock's 50-day moving average price is $91.31 and its two-hundred day moving average price is $81.63.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS. Equities analysts forecast that Walmart Inc. will post 2.47 EPS for the current year.

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.