Walmart Inc. (NYSE:WMT) Shares Sold by Brio Consultants LLC

Brio Consultants LLC lowered its position in Walmart Inc. (NYSE:WMT) by 14.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,332 shares of the retailer’s stock after selling 384 shares during the period. Brio Consultants LLC’s holdings in Walmart were worth $211,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Dakota Community Bank & Trust NA raised its position in Walmart by 4.0% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after acquiring an additional 110 shares during the period. Kozak & Associates Inc. raised its position in shares of Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after purchasing an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC lifted its stake in Walmart by 0.5% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after buying an additional 118 shares in the last quarter. Hanson & Doremus Investment Management boosted its holdings in Walmart by 1.0% in the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock worth $1,139,000 after buying an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC raised its holdings in shares of Walmart by 13.5% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on WMT. BMO Capital Markets raised their target price on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Bank of America raised their price objective on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Jefferies Financial Group increased their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Finally, Tigress Financial raised their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.11.

Walmart Stock Down 0.7 %

Shares of NYSE WMT opened at $97.97 on Monday. Walmart Inc. has a 12-month low of $55.04 and a 12-month high of $99.00. The stock has a market cap of $787.00 billion, a P/E ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55. 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 business’s fifty day simple moving average is $93.07 and its 200-day simple moving average is $83.19.

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 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 business had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter last year, the business posted $0.51 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total value of $2,697,464.88. Following the transaction, the chief executive officer now owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 137,177 shares of company stock valued at $12,649,328. Insiders own 45.58% of the company’s stock.

About Walmart

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.