Walmart Inc. (NYSE:WMT) is Spring Capital Management LLC's 8th Largest Position

Spring Capital Management LLC grew its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 87,986 shares of the retailer's stock after acquiring an additional 3,510 shares during the quarter. Walmart comprises about 4.7% of Spring Capital Management LLC's portfolio, making the stock its 8th biggest holding. Spring Capital Management LLC's holdings in Walmart were worth $7,950,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of WMT. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the 3rd quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in shares of Walmart in the 4th quarter valued at $32,000. Voisard Asset Management Group Inc. boosted 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 valued at $32,000 after acquiring an additional 174 shares in the last quarter. Hoese & Co LLP bought a new stake in Walmart during the 3rd quarter worth $33,000. Finally, Livelsberger Financial Advisory acquired a new position in Walmart in the 3rd quarter worth about $36,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Up 0.8 %

Shares of WMT stock traded up $0.72 during trading hours on Friday, reaching $92.02. The company had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. The business has a fifty day simple moving average of $91.15 and a 200-day simple moving average of $81.37. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The company has a market cap of $739.19 billion, a price-to-earnings ratio of 37.76, a price-to-earnings-growth ratio of 4.41 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.

Walmart (NYSE:WMT - Get Free Report) last posted 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. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the firm earned $0.51 EPS. The business's revenue for the quarter was up 5.5% compared to the same quarter last year. On average, research analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insider Activity at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the business's 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 directly owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now owns 3,843,929 shares of the company's stock, valued at $318,238,881.91. This represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Guggenheim boosted their price target on Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Wells Fargo & Company boosted their target price on shares of Walmart from $96.00 to $100.00 and gave the stock an "overweight" rating in a report on Friday, January 10th. Telsey Advisory Group raised their price target on shares of Walmart from $92.00 to $100.00 and gave the company an "outperform" rating in a research note on Tuesday, November 19th. UBS Group boosted their price objective on shares of Walmart from $92.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley raised their target price on Walmart from $89.00 to $100.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.49.

Walmart Company 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.