Scott Capital Advisors LLC Purchases New Position in Walmart Inc. (NYSE:WMT)

Scott Capital Advisors LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,279 shares of the retailer’s stock, valued at approximately $209,000.

Other institutional investors also recently bought and sold shares of the company. Dakota Community Bank & Trust NA raised its position in shares of Walmart by 4.0% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after purchasing an additional 110 shares during the last quarter. Kozak & Associates Inc. increased its stake in Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after buying an additional 113 shares in the last quarter. Summit Financial Wealth Advisors LLC raised its holdings in shares of Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after acquiring an additional 118 shares during the last quarter. Lowe Wealth Advisors LLC lifted its position in shares of Walmart by 13.5% in the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares in the last quarter. Finally, Providence Wealth Advisors LLC boosted its stake in shares of Walmart by 0.3% in the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after acquiring an additional 122 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 3,000 shares of the business’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 completion of the sale, the executive vice president now owns 378,165 shares in the company, valued at $31,054,909.80. The trade was a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,478,149 in the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.8 %

Shares of NYSE WMT opened at $92.02 on Tuesday. 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 P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The business’s fifty day simple moving average is $91.15 and its 200-day simple moving average is $81.46.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter last year, the business posted $0.51 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Redburn Atlantic upgraded Walmart to a “strong-buy” rating in a report on Monday, September 23rd. Sanford C. Bernstein raised their price target on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Wells Fargo & Company upped their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a research note on Thursday, November 21st. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Walmart in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.49.

Walmart Company 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.