Vigilare Wealth Management Sells 593 Shares of Walmart Inc. (NYSE:WMT)

Vigilare Wealth Management cut its stake in shares of Walmart Inc. (NYSE:WMT) by 2.4% during the 4th quarter, Holdings Channel reports. The fund owned 23,696 shares of the retailer’s stock after selling 593 shares during the period. Walmart comprises approximately 0.9% of Vigilare Wealth Management’s investment portfolio, making the stock its 19th largest position. Vigilare Wealth Management’s holdings in Walmart were worth $2,141,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Peterson Financial Group Inc. bought a new position in shares of Walmart during the 3rd quarter worth about $26,000. Voisard Asset Management Group Inc. boosted its holdings in Walmart by 77.3% in 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 in the last quarter. Hoese & Co LLP acquired a new stake in Walmart in the third quarter valued at approximately $33,000. Livelsberger Financial Advisory bought a new stake in shares of Walmart during the third quarter valued at approximately $36,000. Finally, Hara Capital LLC acquired a new position in shares of Walmart during the third quarter worth approximately $37,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the transaction, the executive vice president now directly owns 378,165 shares in the company, valued at approximately $31,054,909.80. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. This trade represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 138,347 shares of company stock worth $12,311,491 in the last quarter. 45.58% of the stock is owned by company insiders.

Walmart Stock Performance

NYSE WMT opened at $91.39 on Tuesday. The company’s 50 day moving average is $90.56 and its 200-day moving average is $80.80. The firm has a market cap of $734.17 billion, a P/E ratio of 37.51, a price-to-earnings-growth ratio of 4.47 and a beta of 0.55. Walmart Inc. has a 12-month low of $53.44 and a 12-month high of $96.18. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm 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 business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 earnings per share. Sell-side analysts predict that Walmart Inc. will post 2.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. TD Cowen boosted their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Jefferies Financial Group boosted their target price on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Barclays boosted their price objective on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, January 9th. Finally, KeyCorp raised their target price on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Two 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’s stock. Based on data from MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus target price of $94.08.

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.