Caitlin John LLC Reduces Stake in Walmart Inc. (NYSE:WMT)

Caitlin John LLC cut its stake in shares of Walmart Inc. (NYSE:WMT) by 40.9% during the fourth quarter, HoldingsChannel reports. The firm owned 364 shares of the retailer’s stock after selling 252 shares during the quarter. Caitlin John LLC’s holdings in Walmart were worth $33,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of WMT. Dakota Community Bank & Trust NA raised its position in Walmart by 4.0% in the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after purchasing an additional 110 shares during the period. Kozak & Associates Inc. grew its stake in shares of 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 buying an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC raised its holdings in shares of Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after buying an additional 118 shares during the period. Hanson & Doremus Investment Management lifted its stake in shares of Walmart by 1.0% during the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock worth $1,139,000 after acquiring an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC boosted its holdings in Walmart by 13.5% during the 4th 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. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through 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 transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock worth $16,403,728 in the last 90 days. Insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WMT shares. Telsey Advisory Group lifted their target price on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Oppenheimer upped their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday. Robert W. Baird lifted their price target on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Piper Sandler increased their price objective on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $96.01.

Walmart Price Performance

Shares of WMT stock opened at $101.17 on Friday. The firm has a market capitalization of $812.73 billion, a price-to-earnings ratio of 41.52, a PEG ratio of 4.49 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 stock’s 50-day simple moving average is $93.89 and its 200-day simple moving average is $83.95. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $103.11.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the prior year, the business posted $0.51 EPS. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

About Walmart

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.