74,370 Shares in Walmart Inc. (NYSE:WMT) Bought by Radnor Capital Management LLC

Radnor Capital Management LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 74,370 shares of the retailer’s stock, valued at approximately $6,005,000. Walmart makes up approximately 0.9% of Radnor Capital Management LLC’s holdings, making the stock its 17th biggest holding.

Other institutional investors have also bought and sold shares of the company. EntryPoint Capital LLC bought a new position in Walmart in the 1st quarter valued at $25,000. TruNorth Capital Management LLC grew its stake in Walmart by 138.3% in the 2nd quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after purchasing an additional 249 shares during the period. Cultivar Capital Inc. bought a new position in Walmart in the 2nd quarter valued at $29,000. FSA Wealth Management LLC grew its stake in Walmart by 253.0% in the 1st quarter. FSA Wealth Management LLC now owns 526 shares of the retailer’s stock valued at $32,000 after purchasing an additional 377 shares during the period. Finally, Kozak & Associates Inc. grew its stake in Walmart by 216.4% in the 1st quarter. Kozak & Associates Inc. now owns 503 shares of the retailer’s stock valued at $32,000 after purchasing an additional 344 shares during the period. Institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on WMT shares. Sanford C. Bernstein began coverage on Walmart in a research note on Tuesday, October 22nd. They issued an “outperform” rating and a $95.00 price objective for the company. Roth Mkm increased their price target on Walmart from $71.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Tigress Financial increased their price target on Walmart from $75.00 to $86.00 and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Telsey Advisory Group increased their price target on Walmart from $82.00 to $92.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Finally, Citigroup increased their price target on Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. One equities research analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $83.89.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $82.12, for a total transaction of $246,360.00. Following the transaction, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now directly owns 378,165 shares in the company, valued at approximately $31,054,909.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Alice L. Walton sold 2,709,163 shares of Walmart stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the sale, the insider now owns 630,501,148 shares in the company, valued at approximately $48,781,873,820.76. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock worth $958,823,647 in the last ninety days. 45.58% of the stock is owned by insiders.

Walmart Price Performance

WMT opened at $83.69 on Wednesday. The stock’s 50 day simple moving average is $80.08 and its 200 day simple moving average is $71.58. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.22. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $83.77. The firm has a market cap of $672.72 billion, a price-to-earnings ratio of 43.51, a PEG ratio of 4.13 and a beta of 0.51.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The business had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. During the same period last year, the company earned $0.61 EPS. Walmart’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, analysts predict that Walmart Inc. will post 2.44 earnings per share for the current 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.