RMR Capital Management LLC Sells 5,765 Shares of Walmart Inc. (NYSE:WMT)

RMR Capital Management LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 18.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,050 shares of the retailer's stock after selling 5,765 shares during the period. Walmart makes up 1.7% of RMR Capital Management LLC's portfolio, making the stock its 15th biggest position. RMR Capital Management LLC's holdings in Walmart were worth $2,263,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Dakota Community Bank & Trust NA increased its position in Walmart by 4.0% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer's stock valued at $260,000 after acquiring an additional 110 shares during the last quarter. Kozak & Associates Inc. grew its stake in shares of Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer's stock valued at $56,000 after purchasing an additional 113 shares during the period. Summit Financial Wealth Advisors LLC increased its position in shares of Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer's stock valued at $1,915,000 after purchasing an additional 118 shares during the last quarter. Hanson & Doremus Investment Management lifted its stake in shares of Walmart by 1.0% in the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer's stock worth $1,139,000 after purchasing an additional 120 shares during the period. Finally, Lowe Wealth Advisors LLC boosted its holdings in shares of Walmart by 13.5% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer's stock worth $92,000 after buying an additional 121 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

NYSE WMT opened at $97.97 on Friday. Walmart Inc. has a fifty-two week low of $55.04 and a fifty-two week high of $99.00. The company has a market cap 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. 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 business's 50 day moving average price is $92.91 and its 200-day moving average price is $82.90.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 EPS. Sell-side analysts predict that Walmart Inc. will post 2.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WMT. DZ Bank downgraded shares of Walmart from a "buy" rating to a "hold" rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Tigress Financial lifted their target price on Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Truist Financial upped their price target on Walmart from $89.00 to $98.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. Telsey Advisory Group lifted their price objective on Walmart from $92.00 to $100.00 and gave the company an "outperform" rating in a research report on Tuesday, November 19th. Finally, TD Cowen increased their target price on shares of Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $95.11.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 3,814,805 shares in the company, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 137,177 shares of company stock worth $12,649,328. 45.58% of the stock is currently owned by company 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.

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