Walmart Inc. (NYSE:WMT) Shares Purchased by Greenleaf Trust

Greenleaf Trust raised its position in Walmart Inc. (NYSE:WMT) by 0.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 139,470 shares of the retailer’s stock after purchasing an additional 467 shares during the period. Greenleaf Trust’s holdings in Walmart were worth $12,601,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Peterson Financial Group Inc. purchased a new stake in Walmart during the 3rd quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new stake in Walmart in the 4th quarter worth about $27,000. Voisard Asset Management Group Inc. boosted its stake in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Walmart in the 4th quarter valued at about $32,000. Finally, Hoese & Co LLP acquired a new position in shares of Walmart in the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. This represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was bought at an average cost of $91.81 per share, with a total value of $499,997.26. Following the completion of the acquisition, the director now owns 7,805 shares in the company, valued at $716,577.05. This represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 137,177 shares of company stock worth $12,649,328 in the last 90 days. 45.58% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on WMT shares. Wells Fargo & Company boosted their price target on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research report on Monday. Morgan Stanley lifted their price objective on Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Oppenheimer boosted their price target on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Bank of America boosted their price target on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.37.

Walmart Stock Performance

Shares of WMT stock opened at $99.60 on Tuesday. 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 fifty-two week low of $55.85 and a fifty-two week high of $99.79. The stock’s 50-day moving average is $93.07 and its two-hundred day moving average is $83.27. The firm has a market cap of $800.13 billion, a P/E ratio of 40.88, a PEG ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 21.78% and a net margin of 2.92%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 EPS. Analysts predict that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.