Sentry LLC Has $6.18 Million Stock Position in Walmart Inc. (NYSE:WMT)

Sentry LLC cut its stake in Walmart Inc. (NYSE:WMT) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 68,398 shares of the retailer’s stock after selling 4,627 shares during the period. Walmart accounts for about 1.2% of Sentry LLC’s holdings, making the stock its 9th largest position. Sentry LLC’s holdings in Walmart were worth $6,180,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in WMT. Peterson Financial Group Inc. bought a new stake in shares of Walmart in the third quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new position in Walmart during the 4th quarter worth about $32,000. Voisard Asset Management Group Inc. increased its position 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 purchasing an additional 174 shares during the period. Hoese & Co LLP bought a new stake in shares of Walmart in the 3rd quarter valued at about $33,000. Finally, Livelsberger Financial Advisory purchased a new stake in shares of Walmart in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

Shares of NYSE WMT opened at $97.97 on Friday. Walmart Inc. has a 1 year low of $55.04 and a 1 year high of $99.00. 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’s fifty day moving average price is $92.91 and its 200 day moving average price is $82.90. The company has a market capitalization of $787.00 billion, a PE ratio of 40.20, a price-to-earnings-growth ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping 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 company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the prior year, the firm posted $0.51 EPS. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, research analysts predict that Walmart Inc. will post 2.48 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Sanford C. Bernstein boosted their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Barclays lifted their target price on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. TD Cowen increased their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, UBS Group boosted their price objective on shares of Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a research note on Friday. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $95.11.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the completion of the sale, the chief executive officer now directly owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. The trade was a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the acquisition, the director now directly owns 7,805 shares in the company, valued at $716,577.05. This represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 137,177 shares of company stock valued at $12,649,328. 45.58% of the stock is owned by company 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.