Buttonwood Financial Advisors Inc. Has $378,000 Stake in Walmart Inc. (NYSE:WMT)

Buttonwood Financial Advisors Inc. reduced its holdings in Walmart Inc. (NYSE:WMT) by 18.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,185 shares of the retailer’s stock after selling 920 shares during the period. Buttonwood Financial Advisors Inc.’s holdings in Walmart were worth $378,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. waypoint wealth counsel boosted its holdings in Walmart by 7.7% during the fourth quarter. waypoint wealth counsel now owns 5,593 shares of the retailer’s stock worth $505,000 after buying an additional 400 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $10,645,000. Apexium Financial LP boosted its stake in Walmart by 17.1% during the 4th quarter. Apexium Financial LP now owns 6,116 shares of the retailer’s stock worth $553,000 after acquiring an additional 895 shares during the last quarter. Blue Trust Inc. grew its holdings in Walmart by 27.4% during the fourth quarter. Blue Trust Inc. now owns 104,077 shares of the retailer’s stock valued at $9,403,000 after purchasing an additional 22,387 shares during the period. Finally, Cathy Pareto & Associates Inc. bought a new stake in Walmart in the fourth quarter valued at approximately $243,000. 26.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Walmart

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

Walmart Price Performance

NYSE:WMT opened at $97.36 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12-month low of $54.51 and a 12-month high of $97.84. The stock’s 50 day moving average price is $92.29 and its two-hundred day moving average price is $82.49. The firm has a market capitalization of $782.16 billion, a price-to-earnings ratio of 39.96, a P/E/G ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly 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 business had revenue of $169.59 billion during 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. On average, analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. BMO Capital Markets boosted their price target on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Telsey Advisory Group boosted their target price on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. Robert W. Baird raised their price target on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Bank of America boosted their price objective on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a report on Thursday, November 21st. Two 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.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $94.69.

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.