Greenfield Savings Bank Sells 120 Shares of Walmart Inc. (NYSE:WMT)

Greenfield Savings Bank decreased its position in shares of Walmart Inc. (NYSE:WMT) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,093 shares of the retailer’s stock after selling 120 shares during the period. Greenfield Savings Bank’s holdings in Walmart were worth $1,093,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new stake in Walmart during the 3rd quarter worth approximately $26,000. Voisard Asset Management Group Inc. grew its holdings in Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after buying an additional 174 shares in the last quarter. Hoese & Co LLP purchased a new stake in Walmart during the 3rd quarter valued at approximately $33,000. Livelsberger Financial Advisory purchased a new stake in Walmart during the 3rd quarter valued at approximately $36,000. Finally, Hara Capital LLC purchased a new stake in Walmart during the 3rd quarter valued at approximately $37,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.7 %

NYSE WMT opened at $91.39 on Tuesday. The business has a fifty day moving average price of $90.56 and a 200 day moving average price of $80.80. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. 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 company has a market cap of $734.17 billion, a P/E ratio of 37.51, a P/E/G ratio of 4.47 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its earnings results 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. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 EPS. Research analysts anticipate that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WMT has been the subject of a number of research analyst reports. 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 report on Wednesday, November 20th. Tigress Financial raised their target price on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a report on Thursday, November 21st. Barclays raised their target price on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, January 9th. Finally, Redburn Atlantic raised shares of Walmart to a “strong-buy” rating in a report on Monday, September 23rd. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $94.08.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the 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 completion of 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total value of $1,088,850.00. Following the transaction, the executive vice president now owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 138,347 shares of company stock worth $12,311,491 in the last three months. 45.58% of the stock is owned by corporate insiders.

Walmart 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.