Community Bank & Trust Waco Texas Buys 217 Shares of Walmart Inc. (NYSE:WMT)

Community Bank & Trust Waco Texas increased its stake in shares of Walmart Inc. (NYSE:WMT) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,194 shares of the retailer’s stock after acquiring an additional 217 shares during the period. Walmart comprises about 2.5% of Community Bank & Trust Waco Texas’ portfolio, making the stock its 8th largest position. Community Bank & Trust Waco Texas’ holdings in Walmart were worth $10,769,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in WMT. Fiduciary Advisors Inc. acquired a new stake in Walmart in the 4th quarter valued at $27,000. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart in the 4th quarter valued at about $32,000. Voisard Asset Management Group Inc. raised its holdings in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares during the period. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walmart in the 3rd quarter valued at about $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction 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 transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 175,177 shares of company stock valued at $16,403,728 in the last quarter. Insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $103.62 on Thursday. The company has a market cap of $832.42 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 4.25 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. The firm has a 50 day simple moving average of $94.45 and a 200 day simple moving average of $84.82. Walmart Inc. has a one year low of $55.85 and a one year high of $103.90.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.51 EPS. Research analysts predict that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on WMT shares. Sanford C. Bernstein upped their target price on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Roth Mkm upped their target price on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. BMO Capital Markets upped their target price on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Jefferies Financial Group upped their price target on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, Guggenheim upped their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $98.56.

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.