RoundAngle Advisors LLC Acquires Shares of 24,468 Walmart Inc. (NYSE:WMT)

RoundAngle Advisors LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,468 shares of the retailer's stock, valued at approximately $2,211,000. Walmart comprises approximately 2.1% of RoundAngle Advisors LLC's investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Jennison Associates LLC grew its stake in shares of Walmart by 479.6% during 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 last quarter. FMR LLC boosted its holdings in Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after acquiring an additional 7,200,004 shares during the period. International Assets Investment Management LLC boosted its holdings in Walmart by 8,814.4% during 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 acquiring an additional 6,885,106 shares during the period. Geode Capital Management LLC grew its position in Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in Walmart by 4.6% in the 3rd 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. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of NYSE:WMT traded up $1.11 during midday trading on Tuesday, reaching $93.05. 23,228,988 shares of the company's stock traded hands, compared to its average volume of 15,407,088. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The company has a market cap of $747.51 billion, a price-to-earnings ratio of 38.19, a P/E/G ratio of 4.36 and a beta of 0.55. The stock has a 50 day moving average of $91.31 and a 200 day moving average of $81.63.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to analysts' expectations of $167.69 billion. During the same quarter in the prior year, the business earned $0.51 EPS. The business's revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares in the company, valued at $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is owned by insiders.

Wall Street Analyst Weigh In

WMT has been the topic of several recent analyst reports. UBS Group raised their target price on shares of Walmart from $92.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Barclays raised their price target on shares of Walmart from $90.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, January 9th. Morgan Stanley upped their price objective on shares of Walmart from $100.00 to $106.00 and gave the company an "overweight" rating in a research note on Tuesday. Robert W. Baird raised their price target on Walmart from $90.00 to $100.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 20th. Finally, Jefferies Financial Group boosted their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a research 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 company's stock. Based on data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and an average target price of $94.69.

Walmart 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.