Walmart Inc. (NYSE:WMT) Shares Sold by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC reduced its position in Walmart Inc. (NYSE:WMT) by 1.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 8,401 shares of the retailer’s stock after selling 150 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in Walmart were worth $759,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Capital Planning Advisors LLC grew its stake in shares of Walmart by 7.3% during the 4th quarter. Capital Planning Advisors LLC now owns 69,703 shares of the retailer’s stock worth $6,298,000 after purchasing an additional 4,768 shares during the period. Goldstein Advisors LLC grew its stake in shares of Walmart by 27.9% during the 4th quarter. Goldstein Advisors LLC now owns 4,479 shares of the retailer’s stock worth $405,000 after purchasing an additional 976 shares during the period. Trust Co. of Oklahoma grew its stake in shares of Walmart by 0.5% during the 4th quarter. Trust Co. of Oklahoma now owns 33,625 shares of the retailer’s stock worth $3,038,000 after purchasing an additional 163 shares during the period. Baron Silver Stevens Financial Advisors LLC grew its stake in shares of Walmart by 2.7% during the 4th quarter. Baron Silver Stevens Financial Advisors LLC now owns 7,693 shares of the retailer’s stock worth $695,000 after purchasing an additional 200 shares during the period. Finally, Avior Wealth Management LLC boosted its position in shares of Walmart by 1.1% in the 4th quarter. Avior Wealth Management LLC now owns 37,976 shares of the retailer’s stock worth $3,431,000 after buying an additional 413 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the transaction, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 140,177 shares of company stock valued at $12,895,688. 45.58% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on WMT shares. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective on the stock. in a research report on Thursday, November 21st. Wells Fargo & Company boosted their price objective on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. Barclays boosted their price objective on shares of Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Sanford C. Bernstein boosted their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $105.00 target price on shares of Walmart in a report on Wednesday, January 15th. 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

Walmart Stock Up 1.1 %

WMT opened at $94.84 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a 1 year low of $53.47 and a 1 year high of $96.18. The firm has a 50 day moving average price of $91.81 and a 200 day moving average price of $81.95. The company has a market cap of $761.90 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last issued 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 net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the company earned $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

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.