OLD Second National Bank of Aurora Has $3.76 Million Holdings in Walmart Inc. (NYSE:WMT)

OLD Second National Bank of Aurora decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,595 shares of the retailer's stock after selling 3,600 shares during the period. OLD Second National Bank of Aurora's holdings in Walmart were worth $3,758,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Peterson Financial Group Inc. acquired a new position in Walmart during the 3rd quarter valued at $26,000. Voisard Asset Management Group Inc. increased its holdings 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 purchasing an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the fourth quarter valued at about $32,000. Hoese & Co LLP bought a new stake in shares of Walmart in the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart during the third quarter valued at about $36,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Telsey Advisory Group raised their price objective on Walmart from $92.00 to $100.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 19th. StockNews.com downgraded shares of Walmart from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 20th. Jefferies Financial Group boosted their price target on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. Guggenheim lifted their target price on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Finally, Stifel Nicolaus increased their price target on shares of Walmart from $89.00 to $94.00 and gave the stock a "hold" rating in a research report on Tuesday, December 10th. Two investment 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. Based on data from MarketBeat.com, Walmart has an average rating of "Moderate Buy" and an average target price of $95.11.

Walmart Stock Down 0.7 %

NYSE WMT opened at $97.97 on Friday. The stock has a market capitalization of $787.00 billion, a P/E ratio of 40.20, a price-to-earnings-growth ratio of 4.46 and a beta of 0.55. Walmart Inc. has a 52 week low of $55.04 and a 52 week high of $99.00. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The stock has a fifty day moving average of $92.91 and a 200-day moving average of $82.90.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share. On average, equities research analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity at Walmart

In related news, Director Robert Edward Jr. Moritz bought 5,446 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the purchase, the director now owns 7,805 shares of the company's stock, valued at $716,577.05. This represents a 230.86 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company's stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 137,177 shares of company stock worth $12,649,328 over the last ninety days. Company insiders own 45.58% of the company's stock.

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.

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