CX Institutional Increases Holdings in Walmart Inc. (NYSE:WMT)

CX Institutional boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,116 shares of the retailer’s stock after purchasing an additional 6,451 shares during the period. CX Institutional’s holdings in Walmart were worth $7,510,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of WMT. Peterson Financial Group Inc. purchased a new position in Walmart during the 3rd quarter valued at about $26,000. Voisard Asset Management Group Inc. increased its holdings in Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares during the period. Decker Retirement Planning Inc. purchased a new position in Walmart during the 4th quarter valued at about $32,000. Hoese & Co LLP purchased a new position in Walmart during the 3rd quarter valued at about $33,000. Finally, Livelsberger Financial Advisory purchased a new position in shares of Walmart during the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on WMT shares. Roth Mkm upped their target price on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley upped their target price on Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Guggenheim boosted their price target on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Walmart Trading Up 1.1 %

NYSE:WMT opened at $94.84 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm has a market capitalization of $761.90 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. Walmart Inc. has a one year low of $53.47 and a one year high of $96.18. The business has a fifty day moving average price of $92.02 and a 200-day moving average price of $82.13.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm 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 revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total value of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,177 shares of company stock worth $12,895,688. Corporate insiders own 45.58% of the company’s stock.

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.