Financial & Tax Architects LLC Sells 10,440 Shares of Walmart Inc. (NYSE:WMT)

Financial & Tax Architects LLC lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 11.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 84,059 shares of the retailer's stock after selling 10,440 shares during the period. Walmart comprises about 1.9% of Financial & Tax Architects LLC's portfolio, making the stock its 11th biggest holding. Financial & Tax Architects LLC's holdings in Walmart were worth $7,595,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of WMT. Peterson Financial Group Inc. bought a new stake in shares of Walmart during the third quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $32,000. Voisard Asset Management Group Inc. raised its position in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock worth $32,000 after acquiring an additional 174 shares during the last quarter. Hoese & Co LLP bought a new stake in Walmart in the third quarter valued at approximately $33,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart during the 3rd quarter worth approximately $36,000. 26.76% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the firm'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 completion of the transaction, the executive vice president now directly owns 460,705 shares of the company's stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the completion of the transaction, the chief executive officer now owns 3,843,929 shares of the company's stock, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,177 shares of company stock valued at $12,478,149 in the last ninety days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Up 0.8 %

Shares of WMT stock traded up $0.72 on Friday, hitting $92.02. The stock had a trading volume of 15,705,502 shares, compared to its average volume of 14,296,278. Walmart Inc. has a 12-month low of $53.44 and a 12-month high of $96.18. The stock 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 business has a 50 day moving average of $91.15 and a 200 day moving average of $81.37. 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 released 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. The company had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. As a group, analysts expect that Walmart Inc. will post 2.47 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several recent analyst reports. Tigress Financial increased their price objective on shares of Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Bank of America increased their price target on Walmart from $95.00 to $105.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Citigroup lifted their price objective on Walmart from $75.00 to $98.00 and gave the stock a "buy" rating in a research report on Friday, September 27th. Piper Sandler upped their target price on Walmart from $83.00 to $93.00 and gave the company an "overweight" rating in a research report on Monday, November 18th. Finally, Oppenheimer lifted their target price on Walmart from $81.00 to $90.00 and gave the stock 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 assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $94.49.

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.