Walmart Inc. (NYSE:WMT) Shares Purchased by Advisory Alpha LLC

Advisory Alpha LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,408 shares of the retailer’s stock after purchasing an additional 988 shares during the period. Advisory Alpha LLC’s holdings in Walmart were worth $2,657,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter worth approximately $26,000. Voisard Asset Management Group Inc. raised its holdings in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in Walmart in the 4th quarter valued at $32,000. Hoese & Co LLP acquired a new position in Walmart in the 3rd quarter valued at $33,000. Finally, Livelsberger Financial Advisory acquired a new position in Walmart in the 3rd quarter valued at $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WMT has been the subject of several analyst reports. Barclays boosted their price target on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Truist Financial boosted their price target on Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Telsey Advisory Group boosted their price target on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, November 19th. Finally, Bank of America boosted their price objective on shares of Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Insider Activity

In other news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now owns 378,165 shares in the company, valued at approximately $31,054,909.80. This represents a 0.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the purchase, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 97,928 shares of company stock worth $8,978,123. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

NYSE:WMT opened at $93.75 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 50-day moving average of $91.62 and a two-hundred day moving average of $81.87. The stock has a market cap of $753.12 billion, a P/E ratio of 38.47, a PEG ratio of 4.42 and a beta of 0.55. Walmart Inc. has a 1-year low of $53.44 and a 1-year high of $96.18.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 EPS. On average, research analysts expect that Walmart Inc. will post 2.47 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.