2,472 Shares in Walmart Inc. (NYSE:WMT) Bought by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,472 shares of the retailer’s stock, valued at approximately $224,000.

A number of other hedge funds also recently bought and sold shares of the company. Kozak & Associates Inc. boosted its holdings in Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after acquiring an additional 113 shares during the period. Summit Financial Wealth Advisors LLC boosted its holdings in Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after acquiring an additional 118 shares during the period. Lowe Wealth Advisors LLC boosted its holdings in 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 period. Providence Wealth Advisors LLC boosted its holdings in Walmart by 0.3% during the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock valued at $3,591,000 after acquiring an additional 122 shares during the period. Finally, 3Chopt Investment Partners LLC boosted its holdings in Walmart by 0.4% during the third quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock valued at $2,635,000 after acquiring an additional 124 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the transaction, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at $49,198,598.40. This trade represents a 2.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 138,347 shares of company stock valued at $12,311,491 over the last three months. 45.58% of the stock is currently owned by corporate insiders.

Walmart Price Performance

Shares of WMT stock opened at $91.39 on Tuesday. Walmart Inc. has a 52-week low of $53.44 and a 52-week high of $96.18. The stock has a market cap of $734.17 billion, a PE ratio of 37.51, a PEG ratio of 4.47 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The firm’s 50 day moving average price is $90.56 and its two-hundred day moving average price is $80.80.

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 firm 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 earned $0.51 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts forecast that Walmart Inc. will post 2.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WMT. BMO Capital Markets increased their target price on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. TD Cowen increased their target price on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Oppenheimer increased their target price on shares of Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. KeyCorp increased their target price on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Melius Research began coverage on shares of Walmart in a research note on Monday, September 23rd. They issued a “buy” rating and a $95.00 target price for the company. Two 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 company’s stock. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus target price of $94.08.

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.