Juncture Wealth Strategies LLC Sells 732 Shares of Walmart Inc. (NYSE:WMT)

Juncture Wealth Strategies LLC lessened its holdings in Walmart Inc. (NYSE:WMT) by 21.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,729 shares of the retailer’s stock after selling 732 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in Walmart were worth $247,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Insight Inv LLC grew its position in shares of Walmart by 1.6% in the 4th quarter. Insight Inv LLC now owns 34,341 shares of the retailer’s stock valued at $3,109,000 after buying an additional 540 shares during the last quarter. Stewardship Advisors LLC lifted its stake in shares of Walmart by 14.6% in the fourth quarter. Stewardship Advisors LLC now owns 4,455 shares of the retailer’s stock worth $403,000 after acquiring an additional 569 shares during the period. B.O.S.S. Retirement Advisors LLC bought a new stake in Walmart in the fourth quarter valued at approximately $285,000. Nikulski Financial Inc. increased its position in Walmart by 1.7% during the 4th quarter. Nikulski Financial Inc. now owns 34,387 shares of the retailer’s stock valued at $3,107,000 after purchasing an additional 585 shares during the period. Finally, CFS Investment Advisory Services LLC lifted its position in shares of Walmart by 1.4% in the 4th quarter. CFS Investment Advisory Services LLC now owns 50,286 shares of the retailer’s stock worth $4,543,000 after purchasing an additional 689 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the transaction, the executive vice president now directly owns 378,165 shares in the company, valued at approximately $31,054,909.80. The trade was a 0.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP David Chojnowski sold 5,600 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total value of $512,120.00. Following the sale, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,895,688 over the last quarter. 45.58% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Guggenheim increased their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial lifted their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. UBS Group increased their price target on Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, Oppenheimer raised their price target on shares of Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Walmart Trading Up 1.1 %

Shares of WMT stock opened at $94.84 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The firm has a market cap of $761.90 billion, a P/E ratio of 38.92, a PEG ratio of 4.42 and a beta of 0.55. The company has a 50 day moving average of $92.02 and a 200-day moving average of $82.21. Walmart Inc. has a 12-month low of $53.47 and a 12-month high of $96.18.

Walmart (NYSE:WMT) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 earnings per share. Sell-side analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.

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.