Meixler Investment Management Ltd. Has $295,000 Stake in Walmart Inc. (NYSE:WMT)

Meixler Investment Management Ltd. trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,262 shares of the retailer’s stock after selling 164 shares during the period. Meixler Investment Management Ltd.’s holdings in Walmart were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. acquired a new position in Walmart during the fourth quarter worth $27,000. Peterson Financial Group Inc. acquired a new position in Walmart during the third quarter worth $26,000. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter worth $32,000. Voisard Asset Management Group Inc. increased its holdings in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the last quarter. Finally, Livelsberger Financial Advisory acquired a new position in Walmart during the third quarter worth $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WMT shares. Oppenheimer boosted their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Tigress Financial lifted their price objective on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 price objective (up from $106.00) on shares of Walmart in a research report on Thursday. DZ Bank cut shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research report on Thursday, November 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and an average target price of $100.53.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 38,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP David Chojnowski sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now owns 87,404 shares in the company, valued at $7,993,095.80. The trade was a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Down 1.0 %

Shares of NYSE WMT opened at $104.04 on Monday. 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 company has a market cap of $835.78 billion, a price-to-earnings ratio of 42.70, a PEG ratio of 4.25 and a beta of 0.55. Walmart Inc. has a 12 month low of $55.99 and a 12 month high of $105.30. The stock has a 50-day moving average price of $94.99 and a two-hundred day moving average price of $85.44.

Walmart (NYSE:WMT) last released 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 company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. As a group, analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.