Vista Investment Partners LLC Sells 392 Shares of Walmart Inc. (NYSE:WMT)

Vista Investment Partners LLC reduced its stake in shares of Walmart Inc. (NYSE:WMT) by 1.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,555 shares of the retailer’s stock after selling 392 shares during the period. Vista Investment Partners LLC’s holdings in Walmart were worth $2,670,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. RTD Financial Advisors Inc. bought a new position in Walmart in the 4th quarter worth approximately $219,000. Park Edge Advisors LLC raised its position in shares of Walmart by 27.7% during the 4th quarter. Park Edge Advisors LLC now owns 25,777 shares of the retailer’s stock valued at $2,329,000 after buying an additional 5,587 shares in the last quarter. KFG Wealth Management LLC raised its position in shares of Walmart by 10.7% during the 4th quarter. KFG Wealth Management LLC now owns 26,358 shares of the retailer’s stock valued at $2,381,000 after buying an additional 2,543 shares in the last quarter. Jamison Private Wealth Management Inc. raised its position in shares of Walmart by 1.3% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 70,442 shares of the retailer’s stock valued at $6,364,000 after buying an additional 873 shares in the last quarter. Finally, Duncan Williams Asset Management LLC raised its position in shares of Walmart by 148.1% during the 4th quarter. Duncan Williams Asset Management LLC now owns 26,803 shares of the retailer’s stock valued at $2,422,000 after buying an additional 15,999 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 2.8 %

Shares of NYSE:WMT opened at $97.39 on Tuesday. The stock has a market cap of $782.38 billion, a P/E ratio of 39.97, a P/E/G ratio of 4.42 and a beta of 0.55. The firm has a fifty day moving average price of $92.02 and a 200 day moving average price of $82.29. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $54.51 and a 1-year high of $97.46.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.51 EPS. Sell-side analysts predict that Walmart Inc. will post 2.48 EPS for the current year.

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. Guggenheim raised their price target on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. UBS Group lifted their target price on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Robert W. Baird upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Roth Mkm upped their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Evercore ISI increased their price target on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares in the company, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 140,177 shares of company stock worth $12,895,688. 45.58% of the stock is owned by corporate insiders.

Walmart Company 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.