22,134 Shares in Walmart Inc. (NYSE:WMT) Bought by Roxbury Financial LLC

Roxbury Financial LLC acquired a new position in shares of Walmart Inc. (NYSE:WMT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,134 shares of the retailer’s stock, valued at approximately $2,047,000. Walmart accounts for about 2.0% of Roxbury Financial LLC’s investment portfolio, making the stock its 12th largest holding.

Other institutional investors have also made changes to their positions in the company. Creative Planning grew its stake in Walmart by 4.9% in the third quarter. Creative Planning now owns 1,800,743 shares of the retailer’s stock valued at $142,973,000 after acquiring an additional 83,376 shares during the period. Swedbank AB lifted its holdings in shares of Walmart by 0.4% in the third quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock valued at $431,632,000 after purchasing an additional 18,644 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of Walmart by 2.1% in the third quarter. Inspire Advisors LLC now owns 6,677 shares of the retailer’s stock valued at $539,000 after purchasing an additional 137 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Walmart by 12.9% in the third quarter. Stratos Wealth Partners LTD. now owns 207,599 shares of the retailer’s stock valued at $16,764,000 after purchasing an additional 23,722 shares in the last quarter. Finally, Net Worth Advisory Group bought a new stake in Walmart during the third quarter worth about $1,053,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WMT has been the topic of several analyst reports. Citigroup upped their target price on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Evercore ISI upped their target price on Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. TD Cowen upped their target price on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a report on Thursday, November 21st. Finally, Wells Fargo & Company upped their target price on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Two research 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $99.17.

Walmart Trading Down 1.0 %

Shares of NYSE:WMT opened at $104.04 on Friday. The business’s 50 day simple moving average is $94.99 and its 200 day simple moving average is $85.33. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $55.99 and a 1 year high of $105.30. The company has a market capitalization of $835.78 billion, a P/E ratio of 42.70, a P/E/G ratio of 4.25 and a beta of 0.55.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping 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 firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Insider Activity

In related news, EVP John D. Rainey sold 38,000 shares of the firm’s 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 completion of the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 175,177 shares of company stock worth $16,403,728. Insiders own 45.58% of the company’s stock.

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.