Walmart Inc. (NYSE:WMT) Shares Sold by Whitener Capital Management Inc.

Whitener Capital Management Inc. decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,120 shares of the retailer's stock after selling 7,052 shares during the quarter. Walmart makes up approximately 4.9% of Whitener Capital Management Inc.'s portfolio, making the stock its 5th biggest position. Whitener Capital Management Inc.'s holdings in Walmart were worth $17,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the third quarter valued at approximately $26,000. Voisard Asset Management Group Inc. grew its position in 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 last quarter. Decker Retirement Planning Inc. acquired a new position in Walmart in the fourth quarter valued at $32,000. Hoese & Co LLP purchased a new stake in shares of Walmart in the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walmart during the third quarter worth about $36,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMT has been the topic of several recent research reports. Morgan Stanley boosted their price target on Walmart from $89.00 to $100.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Telsey Advisory Group upped 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. Wells Fargo & Company lifted their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an "overweight" rating in a research report on Friday, January 10th. Roth Mkm upped their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. Finally, Oppenheimer lifted their target price on shares of Walmart from $81.00 to $90.00 and gave the company an "outperform" rating in a report on Monday, October 14th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $94.49.

Walmart Trading Up 0.8 %

Shares of NYSE:WMT traded up $0.72 during trading on Friday, reaching $92.02. The stock had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The stock has a market cap of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The business has a fifty day moving average price of $91.15 and a 200-day moving average price of $81.37. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18.

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

Insider Buying and Selling

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