Walmart Inc. (NYSE:WMT) Shares Acquired by Thomasville National Bank

Thomasville National Bank lifted its stake in shares of Walmart Inc. (NYSE:WMT) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 55,111 shares of the retailer’s stock after buying an additional 431 shares during the quarter. Thomasville National Bank’s holdings in Walmart were worth $4,979,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brophy Wealth Management LLC acquired a new position in shares of Walmart during the third quarter worth about $2,072,000. Bank of New Hampshire boosted its holdings in Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after purchasing an additional 5,786 shares in the last quarter. Iowa State Bank boosted its holdings in Walmart by 213.8% in the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after purchasing an additional 18,263 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Walmart in the third quarter valued at approximately $541,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 1.6 %

Shares of NYSE:WMT traded down $1.53 during mid-day trading on Monday, hitting $91.47. 4,870,436 shares of the company traded hands, compared to its average volume of 12,483,730. The firm has a market cap of $734.81 billion, a P/E ratio of 37.54, a PEG ratio of 4.47 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 firm’s 50 day simple moving average is $90.38 and its 200 day simple moving average is $80.63.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $167.69 billion. During the same period last year, the business posted $0.51 EPS. The company’s revenue was up 5.5% on a year-over-year basis. On average, equities analysts anticipate that Walmart Inc. will post 2.47 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Roth Mkm increased their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Wells Fargo & Company upped their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday. Royal Bank of Canada upped their price target on Walmart from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. BMO Capital Markets increased their price objective on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $94.08.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This trade represents a 0.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 2,065 shares of Walmart stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $80.69, for a total value of $166,624.85. Following the completion of the transaction, the executive vice president now owns 457,493 shares of the company’s stock, valued at approximately $36,915,110.17. The trade was a 0.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,412 shares of company stock worth $12,478,116 in the last three months. 45.58% of the stock is owned by insiders.

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.