Householder Group Estate & Retirement Specialist LLC lowered its stake in Walmart Inc. (NYSE:WMT - Free Report) by 83.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,499 shares of the retailer's stock after selling 12,506 shares during the period. Householder Group Estate & Retirement Specialist LLC's holdings in Walmart were worth $225,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in Walmart during the 3rd quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $32,000. Voisard Asset Management Group Inc. boosted its position in Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock valued at $32,000 after buying an additional 174 shares during the last quarter. Hoese & Co LLP acquired a new position in Walmart in the 3rd quarter worth approximately $33,000. Finally, Livelsberger Financial Advisory purchased a new position in Walmart during the 3rd quarter worth approximately $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Melius Research assumed coverage on shares of Walmart in a research note on Monday, September 23rd. They issued a "buy" rating and a $95.00 price objective on the stock. DZ Bank downgraded 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. Royal Bank of Canada reissued an "outperform" rating and issued a $105.00 price objective on shares of Walmart in a report on Wednesday. Evercore ISI raised their target price on Walmart from $94.00 to $96.00 and gave the stock an "outperform" rating in a report on Tuesday, December 3rd. Finally, Telsey Advisory Group boosted their price target on Walmart from $92.00 to $100.00 and gave the company an "outperform" rating in a report on Tuesday, November 19th. 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $94.49.
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Walmart Trading Up 0.8 %
Shares of NYSE WMT traded up $0.72 during trading on Friday, hitting $92.02. 15,705,502 shares of the company were exchanged, compared to its average volume of 14,296,278. 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 12-month low of $53.44 and a 12-month high of $96.18. The company has a fifty day moving average price of $91.15 and a 200-day moving average price of $81.27. The firm has a market capitalization of $739.19 billion, a PE ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55.
Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts' consensus estimates 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%. Walmart's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.51 earnings per share. As a group, equities research analysts expect that Walmart Inc. will post 2.47 EPS for the current year.
Insider Buying and Selling at Walmart
In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the transaction, the executive vice president now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares of the company's stock, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,177 shares of company stock worth $12,478,149 over the last quarter. 45.58% of the stock is currently owned by company insiders.
Walmart Company Profile
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Free Report)
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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