Walmart Inc. (NYSE:WMT) Shares Purchased by Liberty One Investment Management LLC

Liberty One Investment Management LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 63,978 shares of the retailer’s stock after acquiring an additional 902 shares during the period. Liberty One Investment Management LLC’s holdings in Walmart were worth $5,780,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Pacer Advisors Inc. lifted its holdings in shares of Walmart by 3.2% in the second quarter. Pacer Advisors Inc. now owns 383,412 shares of the retailer’s stock valued at $25,961,000 after buying an additional 11,816 shares during the period. Sei Investments Co. raised its position in Walmart by 19.3% in the second quarter. Sei Investments Co. now owns 1,541,659 shares of the retailer’s stock worth $104,388,000 after acquiring an additional 249,232 shares in the last quarter. Summit Trail Advisors LLC lifted its holdings in Walmart by 27.3% in the 2nd quarter. Summit Trail Advisors LLC now owns 35,845 shares of the retailer’s stock valued at $2,427,000 after acquiring an additional 7,698 shares during the last quarter. Lavaca Capital LLC lifted its stake in Walmart by 1.6% during the second quarter. Lavaca Capital LLC now owns 20,745 shares of the retailer’s stock valued at $1,405,000 after purchasing an additional 324 shares during the last quarter. Finally, Kowal Investment Group LLC grew its holdings in shares of Walmart by 4.6% in the 2nd quarter. Kowal Investment Group LLC now owns 22,052 shares of the retailer’s stock worth $1,493,000 after acquiring an additional 976 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the transaction, the chief executive officer now directly owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This represents a 0.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the transaction, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at $31,054,909.80. This represents a 0.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 140,177 shares of company stock valued at $12,478,149 over the last 90 days. Insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.8 %

Shares of NYSE WMT opened at $92.02 on Monday. The stock has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $53.44 and a 12-month high of $96.18. The stock’s fifty day simple moving average is $91.15 and its two-hundred day simple moving average is $81.37.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.51 EPS. As a group, analysts expect that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WMT shares. Oppenheimer increased their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Barclays upped their price target on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, January 9th. Melius Research assumed coverage on shares of Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 target price for the company. TD Cowen boosted their price objective on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Stifel Nicolaus raised their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.49.

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.