Walmart Inc. (NYSE:WMT) Shares Sold by Steigerwald Gordon & Koch Inc.

Steigerwald Gordon & Koch Inc. cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 288,648 shares of the retailer's stock after selling 9,936 shares during the period. Walmart makes up 2.9% of Steigerwald Gordon & Koch Inc.'s holdings, making the stock its 5th largest position. Steigerwald Gordon & Koch Inc.'s holdings in Walmart were worth $26,079,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Dakota Community Bank & Trust NA boosted its holdings in Walmart by 4.0% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer's stock valued at $260,000 after purchasing an additional 110 shares during the last quarter. Kozak & Associates Inc. boosted its stake in shares of Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer's stock worth $56,000 after buying an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer's stock worth $1,915,000 after acquiring an additional 118 shares during the period. Lowe Wealth Advisors LLC grew its holdings in Walmart by 13.5% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer's stock worth $92,000 after acquiring an additional 121 shares during the period. Finally, Providence Wealth Advisors LLC raised its position in Walmart by 0.3% during the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer's stock valued at $3,591,000 after acquiring an additional 122 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on WMT. Stifel Nicolaus upped their price objective on Walmart from $89.00 to $94.00 and gave the stock a "hold" rating in a research report on Tuesday, December 10th. Bank of America increased their price target on shares of Walmart from $95.00 to $105.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Morgan Stanley raised their price target on shares of Walmart from $89.00 to $100.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Sanford C. Bernstein upped their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $105.00 target price on shares of Walmart in a research report on Wednesday, January 15th. 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 stock. According to MarketBeat, Walmart has an average rating of "Moderate Buy" and an average target price of $94.49.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president now owns 566,794 shares of the company's stock, valued at $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $92.47, for a total value of $277,410.00. Following the completion of the sale, the executive vice president now directly owns 375,165 shares of the company's stock, valued at $34,691,507.55. The trade was a 0.79 % 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 valued at $12,478,149 over the last 90 days. 45.58% of the stock is owned by insiders.

Walmart Trading Up 0.8 %

Shares of WMT stock traded up $0.72 during trading on Monday, hitting $92.02. 15,705,502 shares of the stock traded hands, compared to its average volume of 14,296,278. Walmart Inc. has a 52-week low of $53.44 and a 52-week high of $96.18. The firm has a market capitalization of $739.19 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. The firm's fifty day moving average price is $91.15 and its 200-day moving average price is $81.46. 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 earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating 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 return on equity of 21.78% and a net margin of 2.92%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share. As a group, research analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

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.