Human Investing LLC Acquires Shares of 733 Walmart Inc. (NYSE:WMT)

Human Investing LLC bought a new position in shares of Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 733 shares of the retailer’s stock, valued at approximately $66,000.

Other hedge funds also recently made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in Walmart during the third quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the 4th quarter valued at approximately $27,000. Voisard Asset Management Group Inc. lifted its holdings 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 acquiring an additional 174 shares during the period. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter valued at approximately $32,000. Finally, Livelsberger Financial Advisory bought a new stake in Walmart during the third quarter worth $36,000. 26.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on WMT shares. Wells Fargo & Company boosted their price target on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Citigroup boosted their target price on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Roth Mkm raised their price target on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Morgan Stanley reiterated an “overweight” rating and set a $115.00 price objective (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Finally, Piper Sandler increased their price objective 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.53.

Walmart Price Performance

Shares of NYSE WMT opened at $104.04 on Tuesday. The company has a market capitalization of $835.78 billion, a PE ratio of 42.70, a P/E/G ratio of 4.25 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 twelve month low of $55.99 and a twelve month high of $105.30. The firm has a fifty day simple moving average of $94.99 and a 200 day simple moving average of $85.56.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping 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 firm had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now owns 257,281 shares of the company’s stock, valued at $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock valued at $16,403,728 over the last 90 days. Company 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.