Mason & Associates Inc Sells 146 Shares of Walmart Inc. (NYSE:WMT)

Mason & Associates Inc lowered its position in shares of Walmart Inc. (NYSE:WMT) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,266 shares of the retailer’s stock after selling 146 shares during the quarter. Mason & Associates Inc’s holdings in Walmart were worth $295,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Geode Capital Management LLC increased its position in shares of Walmart by 3.3% in the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock valued at $7,048,465,000 after acquiring an additional 2,786,061 shares during the last quarter. FMR LLC increased its position in shares of Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock worth $5,098,203,000 after purchasing an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Walmart by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock valued at $3,392,658,000 after buying an additional 1,480,927 shares during the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Walmart by 1.8% in the second quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer’s stock valued at $2,456,704,000 after buying an additional 644,353 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In related news, SVP David Chojnowski sold 5,600 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total transaction of $512,120.00. Following the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This trade represents a 6.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the sale, the chief executive officer now owns 3,843,929 shares in the company, valued at $318,238,881.91. This represents a 0.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 138,347 shares of company stock valued at $12,311,491. 45.58% of the stock is owned by insiders.

Analysts Set New Price Targets

WMT has been the topic of several analyst reports. Stifel Nicolaus upped their price target on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Telsey Advisory Group raised their target price on shares of Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Wells Fargo & Company boosted their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, January 10th. Bank of America upped their price objective on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Truist Financial lifted their target price on Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.49.

Walmart Price Performance

Shares of NYSE WMT opened at $91.33 on Friday. The business has a fifty day moving average price of $90.86 and a two-hundred day moving average price of $81.03. The stock has a market capitalization of $733.70 billion, a PE ratio of 37.48, a P/E/G ratio of 4.41 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18.

Walmart (NYSE:WMT) last posted its quarterly 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 business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

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.