6,643 Shares in Walmart Inc. (NYSE:WMT) Bought by Cvfg LLC

Cvfg LLC purchased a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,643 shares of the retailer’s stock, valued at approximately $600,000.

Other institutional investors also recently bought and sold shares of the company. Constitution Capital LLC boosted its holdings in shares of Walmart by 1.8% in the 4th quarter. Constitution Capital LLC now owns 94,116 shares of the retailer’s stock valued at $8,503,000 after buying an additional 1,635 shares in the last quarter. Central Valley Advisors LLC lifted its position in Walmart by 0.4% in the fourth quarter. Central Valley Advisors LLC now owns 39,038 shares of the retailer’s stock valued at $3,527,000 after acquiring an additional 147 shares during the last quarter. Certified Advisory Corp boosted its stake in Walmart by 0.9% in the fourth quarter. Certified Advisory Corp now owns 24,084 shares of the retailer’s stock valued at $2,176,000 after acquiring an additional 209 shares in the last quarter. Ullmann Wealth Partners Group LLC grew its holdings in shares of Walmart by 13.8% during the fourth quarter. Ullmann Wealth Partners Group LLC now owns 14,841 shares of the retailer’s stock worth $1,341,000 after purchasing an additional 1,805 shares during the last quarter. Finally, Fermata Advisors LLC grew its holdings in shares of Walmart by 32.6% during the fourth quarter. Fermata Advisors LLC now owns 11,983 shares of the retailer’s stock worth $1,083,000 after purchasing an additional 2,946 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Up 0.8 %

Shares of WMT opened at $92.02 on Friday. Walmart Inc. has a twelve month low of $53.44 and a twelve month high of $96.18. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The firm’s 50-day moving average is $91.01 and its two-hundred day moving average is $81.10.

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

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research analyst reports. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a report on Thursday, November 21st. 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. BMO Capital Markets upped their price target on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, UBS Group raised their price objective on shares of Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a research report 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus target price of $94.49.

Insider Transactions at Walmart

In related 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 transaction of $2,411,175.96. Following the completion of the transaction, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. The trade was a 0.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’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 sale, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock valued at $12,478,149 in the last 90 days. 45.58% of the stock is currently 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.