YHB Investment Advisors Inc. Has $7.42 Million Stake in Walmart Inc. (NYSE:WMT)

YHB Investment Advisors Inc. cut its stake in Walmart Inc. (NYSE:WMT) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,149 shares of the retailer’s stock after selling 3,600 shares during the period. YHB Investment Advisors Inc.’s holdings in Walmart were worth $7,422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new position in Walmart during the third quarter worth $26,000. Voisard Asset Management Group Inc. boosted its stake in shares of Walmart by 77.3% during the 3rd 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. Decker Retirement Planning Inc. bought a new position in shares of Walmart in the 4th quarter valued at about $32,000. Hoese & Co LLP acquired a new stake in shares of Walmart in the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory bought a new stake in Walmart during the third quarter worth about $36,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. TD Cowen boosted their price target on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Roth Mkm upped their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their price objective on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. Robert W. Baird boosted their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, Piper Sandler raised their target price on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. 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 MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.69.

Walmart Price Performance

WMT stock opened at $97.55 on Thursday. The company’s 50-day moving average price is $92.50 and its two-hundred day moving average price is $82.69. The firm has a market cap of $783.66 billion, a P/E ratio of 40.03, a P/E/G ratio of 4.42 and a beta of 0.55. 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 Inc. has a 12 month low of $54.54 and a 12 month high of $98.17.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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. 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 analysts’ expectations of $167.69 billion. During the same period last year, the firm posted $0.51 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the transaction, the chief executive officer now owns 3,766,491 shares of the company’s stock, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,177 shares of company stock valued at $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.