Walmart Inc. (NYSE:WMT) Shares Acquired by Calamos Wealth Management LLC

Calamos Wealth Management LLC grew its holdings in Walmart Inc. (NYSE:WMT) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,632 shares of the retailer’s stock after buying an additional 791 shares during the quarter. Walmart comprises 1.1% of Calamos Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Calamos Wealth Management LLC’s holdings in Walmart were worth $22,916,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the fourth quarter worth $27,000. Peterson Financial Group Inc. purchased a new stake in shares of Walmart in the third quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart in the fourth quarter valued at $32,000. Voisard Asset Management Group Inc. grew its position in shares of Walmart by 77.3% in the third 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. Finally, Hoese & Co LLP purchased a new stake in Walmart during the third quarter valued at about $33,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

WMT opened at $102.47 on Thursday. The stock has a fifty day moving average of $93.46 and a 200-day moving average of $83.69. The firm has a market capitalization of $823.21 billion, a P/E ratio of 42.05, a PEG ratio of 4.49 and a beta of 0.55. Walmart Inc. has a 12-month low of $55.85 and a 12-month high of $102.58. 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 quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the business posted $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Bank of America boosted their price target on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their price target on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their price target on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday. Morgan Stanley upped their price objective on Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Finally, TD Cowen upped their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.01.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on 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 directly owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is owned by insiders.

About Walmart

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.