Walmart Inc. (NYSE:WMT) Shares Purchased by Alliance Wealth Advisors LLC

Alliance Wealth Advisors LLC raised its stake in Walmart Inc. (NYSE:WMT) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,721 shares of the retailer’s stock after buying an additional 309 shares during the quarter. Alliance Wealth Advisors LLC’s holdings in Walmart were worth $427,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of WMT. SC&H Financial Advisors Inc. raised its stake in Walmart by 1.0% during the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after acquiring an additional 103 shares in the last quarter. Dakota Community Bank & Trust NA raised its stake in shares of Walmart by 4.0% during the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after purchasing an additional 110 shares in the last quarter. Hobart Private Capital LLC lifted its holdings in Walmart by 1.6% in the fourth quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer’s stock worth $626,000 after purchasing an additional 111 shares during the period. Kozak & Associates Inc. grew its position in Walmart by 22.3% in the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after buying an additional 113 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC increased its stake in Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after buying an additional 118 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 1.6 %

Shares of NYSE:WMT opened at $102.77 on Tuesday. Walmart Inc. has a 12-month low of $55.85 and a 12-month high of $103.11. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $825.62 billion, a P/E ratio of 42.18, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. The firm has a fifty day moving average of $94.07 and a two-hundred day moving average of $84.36.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating 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 firm had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the previous year, the company posted $0.51 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities analysts expect that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Ratings Changes

WMT has been the subject of a number of research analyst reports. Robert W. Baird upped their price target on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Guggenheim upped their target price on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their price target on Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research report on Tuesday, January 21st. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a report on Thursday, November 21st. Finally, Sanford C. Bernstein lifted their target price on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Two equities research 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 company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.95.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares in the company, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This trade represents a 6.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 175,177 shares of company stock worth $16,403,728. Insiders own 45.58% of the company’s stock.

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.