GoalVest Advisory LLC Has $2.22 Million Stock Position in Walmart Inc. (NYSE:WMT)

GoalVest Advisory LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 24,600 shares of the retailer’s stock after selling 693 shares during the quarter. Walmart makes up 0.6% of GoalVest Advisory LLC’s investment portfolio, making the stock its 28th biggest holding. GoalVest Advisory LLC’s holdings in Walmart were worth $2,223,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of WMT. Dakota Community Bank & Trust NA boosted its stake in shares of Walmart by 4.0% in the 4th 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 during the last quarter. Kozak & Associates Inc. boosted its position in Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after acquiring an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares during the period. Lowe Wealth Advisors LLC raised its position in shares of Walmart by 13.5% in the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock worth $92,000 after acquiring an additional 121 shares in the last quarter. Finally, Providence Wealth Advisors LLC lifted its stake in shares of Walmart by 0.3% in the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock valued at $3,591,000 after purchasing an additional 122 shares during the period. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE WMT opened at $93.75 on Friday. The company has a market capitalization of $753.12 billion, a PE ratio of 38.47, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a 52-week low of $53.44 and a 52-week high of $96.18. The company has a 50-day simple moving average of $91.62 and a 200 day simple moving average of $81.87.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $167.69 billion. During the same quarter last year, the business posted $0.51 EPS. Walmart’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, research analysts predict that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction 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 sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. The trade was a 0.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 97,928 shares of company stock valued at $8,978,123 in the last 90 days. Insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on WMT shares. Robert W. Baird raised their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Citigroup boosted their target price on shares of Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Truist Financial raised their price target on shares of Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $105.00 price objective on shares of Walmart in a report on Wednesday, January 15th. Two 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 stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

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.