S.E.E.D. Planning Group LLC Lowers Holdings in Walmart Inc. (NYSE:WMT)

S.E.E.D. Planning Group LLC reduced its position in shares of Walmart Inc. (NYSE:WMT) by 7.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,936 shares of the retailer’s stock after selling 843 shares during the quarter. S.E.E.D. Planning Group LLC’s holdings in Walmart were worth $988,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bradley Foster & Sargent Inc. CT raised its stake in Walmart by 4.8% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 202,427 shares of the retailer’s stock worth $13,706,000 after buying an additional 9,275 shares in the last quarter. E Fund Management Co. Ltd. increased its holdings in shares of Walmart by 15.3% in the 2nd quarter. E Fund Management Co. Ltd. now owns 28,002 shares of the retailer’s stock valued at $1,896,000 after acquiring an additional 3,719 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of Walmart by 3.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,214,990 shares of the retailer’s stock valued at $149,977,000 after acquiring an additional 65,048 shares during the period. Meiji Yasuda Life Insurance Co raised its position in shares of Walmart by 8.7% in the 2nd quarter. Meiji Yasuda Life Insurance Co now owns 292,966 shares of the retailer’s stock worth $19,837,000 after acquiring an additional 23,450 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Walmart by 6.3% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 357,284 shares of the retailer’s stock worth $24,192,000 after purchasing an additional 21,234 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Price Performance

Shares of NYSE WMT opened at $91.39 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm’s 50 day simple moving average is $90.70 and its 200-day simple moving average is $80.96. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The stock has a market capitalization of $734.17 billion, a price-to-earnings ratio of 37.51, a PEG ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share 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 company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the company earned $0.51 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Analysts expect that Walmart Inc. will post 2.47 EPS for the current year.

Insider Buying and Selling

In other Walmart news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the transaction, the senior vice president now directly owns 87,404 shares in the company, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares in the company, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 138,347 shares of company stock valued at $12,311,491. 45.58% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Telsey Advisory Group boosted their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Piper Sandler increased their target price on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, November 18th. KeyCorp lifted their price target on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. UBS Group increased their price objective on Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Stifel Nicolaus boosted their target price on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.49.

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.