By otakuyassine3@gmail.com 
Caldwell Sutter Capital Inc. boosted its stake in shares of Walmart Inc. (NYSE:WMT – Free Report) by 18.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,536 shares of the retailer’s stock after buying an additional 1,504 shares during the period. Caldwell Sutter Capital Inc.’s holdings in Walmart were worth $862,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Brophy Wealth Management LLC bought a new stake in shares of Walmart in the third quarter valued at about $2,072,000. Bank of New Hampshire increased its holdings in Walmart by 13.7% during the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after purchasing an additional 5,786 shares in the last quarter. Iowa State Bank lifted its position in Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after buying an additional 18,263 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Walmart during the third quarter worth $541,000. 26.76% of the stock is owned by hedge funds and other institutional investors.
Walmart Trading Up 1.1 %
Shares of WMT stock opened at $94.84 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The firm has a market cap of $761.90 billion, a P/E ratio of 38.92, a PEG ratio of 4.42 and a beta of 0.55. The company has a 50 day moving average of $92.02 and a 200-day moving average of $82.13. Walmart Inc. has a 12-month low of $53.47 and a 12-month high of $96.18.
Walmart (NYSE:WMT – Get Free Report) last issued its earnings results 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. The firm had revenue of $169.59 billion for 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%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 earnings per share. Sell-side analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.
Analysts Set New Price Targets
A number of research firms recently commented on WMT. Robert W. Baird upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Roth Mkm boosted their price target on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Sanford C. Bernstein lifted their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Oppenheimer boosted their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Finally, Evercore ISI upped their target price on Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Two equities 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $94.69.
View Our Latest Analysis on WMT
Insider Activity at Walmart
In related news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $82.12, for a total transaction of $246,360.00. Following the transaction, the executive vice president now owns 378,165 shares of the company’s stock, valued at $31,054,909.80. This trade represents a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,177 shares of company stock worth $12,895,688. Corporate 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.
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