Walmart Inc. (NYSE:WMT) Stake Decreased by Fourpath Capital Management LLC

Fourpath Capital Management LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 0.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 518,582 shares of the retailer’s stock after selling 402 shares during the quarter. Walmart makes up about 8.7% of Fourpath Capital Management LLC’s portfolio, making the stock its biggest position. Fourpath Capital Management LLC’s holdings in Walmart were worth $46,854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WMT. Brophy Wealth Management LLC purchased a new stake in Walmart in the 3rd quarter valued at about $2,072,000. Bank of New Hampshire boosted its holdings in shares of Walmart by 13.7% in the fourth 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 during the period. Iowa State Bank grew its stake in Walmart by 213.8% in the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after purchasing an additional 18,263 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC bought a new stake in Walmart during the 3rd quarter valued at $541,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on WMT. Stifel Nicolaus increased their price target on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Evercore ISI boosted their price target on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Sanford C. Bernstein increased their price objective on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company lifted their price objective on shares of Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a report on Monday. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $95.37.

Walmart Stock Up 1.4 %

NYSE:WMT opened at $100.92 on Wednesday. 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 company’s fifty day moving average price is $93.27 and its 200-day moving average price is $83.48. Walmart Inc. has a 1-year low of $55.85 and a 1-year high of $100.95. The firm has a market capitalization of $810.71 billion, a P/E ratio of 41.42, a PEG ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $167.69 billion. During the same quarter last year, the business posted $0.51 EPS. The company’s revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction 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 completion of the transaction, the executive vice president now owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the sale, the chief executive officer now directly owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 137,177 shares of company stock valued at $12,649,328. 45.58% of the stock is owned by company insiders.

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.