Leibman Financial Services Inc. Sells 932 Shares of Walmart Inc. (NYSE:WMT)

Leibman Financial Services Inc. reduced its position in Walmart Inc. (NYSE:WMT) by 8.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,965 shares of the retailer’s stock after selling 932 shares during the quarter. Leibman Financial Services Inc.’s holdings in Walmart were worth $900,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Kozak & Associates Inc. lifted its position in Walmart by 22.3% in the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after purchasing an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in Walmart by 0.5% in 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 last quarter. Lowe Wealth Advisors LLC raised its stake in shares of Walmart by 13.5% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares during the last quarter. Providence Wealth Advisors LLC boosted its holdings in shares of Walmart by 0.3% during the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after purchasing an additional 122 shares during the period. Finally, 3Chopt Investment Partners LLC grew its stake in shares of Walmart by 0.4% in the third quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after purchasing an additional 124 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Down 1.7 %

WMT stock opened at $91.39 on Tuesday. The firm has a market cap of $734.17 billion, a PE ratio of 37.51, a price-to-earnings-growth ratio of 4.47 and a beta of 0.55. The firm has a fifty day moving average price of $90.56 and a 200 day moving average price of $80.80. 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 fifty-two week low of $53.44 and a fifty-two week high of $96.18.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Robert W. Baird upped their target price on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Sanford C. Bernstein raised their target price on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. KeyCorp increased their price target on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. BMO Capital Markets increased their price objective on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, StockNews.com lowered shares of Walmart from a “strong-buy” rating to 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 assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $94.08.

Insider Buying and Selling at Walmart

In other news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the transaction, the senior vice president now directly owns 87,404 shares in the company, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the completion of the sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This trade represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 138,347 shares of company stock worth $12,311,491 over the last quarter. Insiders own 45.58% of the company’s stock.

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.